Italy - Contact Lenses - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Italy - Contact Lenses - Market Analysis, Forecast, Size, Trends and Insights

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Contact Lense Price in Italy - 2023

Contents:

  1. Contact Lense Price in Italy (CIF) - 2023
  2. Contact Lense Price in Italy (FOB) - 2023
  3. Contact Lense Imports in Italy
  4. Contact Lense Exports in Italy

Contact Lense Price in Italy (CIF) - 2023

The average contact lense import price stood at $2.2 per unit in July 2023, almost unchanged from the previous month. In general, import price indicated a mild increase from July 2022 to July 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, contact lense import price decreased by -7.7% against April 2023 indices. The pace of growth appeared the most rapid in December 2022 an increase of 112% against the previous month. Over the period under review, average import prices attained the maximum at $2.3 per unit in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($4.2 per unit), while the price for Greece ($630 per thousand units) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Contact Lense Price in Italy (FOB) - 2023

In July 2023, the average contact lense export price amounted to $2.2 per unit, surging by 7.4% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 36% month-to-month. Over the period under review, the average export prices reached the peak figure at $2.4 per unit in May 2023; however, from June 2023 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($4.0 per unit), while the average price for exports to Spain ($478 per thousand units) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Contact Lense Imports in Italy

Contact lense imports into Italy soared to 499M units in 2022, rising by 20% on the previous year. The total import volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 24%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, contact lense imports skyrocketed to $284M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Contact Lense in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany82.081.613713016.6%
Belgium47.043.751.111434.4%
United Kingdom49.124.90.30.1-87.3%
Others37.727.334.839.61.7%
Total2161782232849.6%

Top Suppliers of Contact Lense to Italy in 2022:

  1. Germany (290.5M units)
  2. Belgium (169.4M units)
  3. United Kingdom (0.3M units)

Contact Lense Exports in Italy

In 2022, exports of contact lenses from Italy rose rapidly to 18M units, surging by 11% against the previous year's figure. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 43%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, contact lense exports soared to $56M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Contact Lense in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.61.38.413.2102.1%
Singapore7.07.115.113.123.2%
Czech Republic5.54.43.18.113.8%
Hong Kong SAR1.11.02.13.749.8%
United Kingdom4.74.25.43.0-13.9%
Germany2.11.41.52.78.7%
Netherlands0.61.90.81.432.6%
Egypt1.41.52.11.2-5.0%
Spain1.21.21.20.8-12.6%
Poland0.60.60.40.75.3%
France1.10.80.40.4-28.6%
Sweden2.00.90.30.3-46.9%
Israel0.70.40.4N/A-24.4%
Others7.85.75.47.4-1.7%
Total37.332.346.755.914.4%

Top Export Markets for Contact Lense from Italy in 2022:

  1. Israel (undefinedM units)
  2. Singapore (4.6M units)
  3. United States (3.9M units)
  4. United Kingdom (1.8M units)
  5. Hong Kong SAR (1.4M units)
  6. Czech Republic (0.9M units)
  7. Egypt (0.8M units)
  8. Netherlands (0.7M units)
  9. Germany (0.6M units)
  10. Spain (0.5M units)
  11. Poland (0.4M units)
  12. France (0.2M units)
  13. Sweden (0.1M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the contact lense market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32504130 - Contact lenses

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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