Report Update: May 1, 2024

Czech Republic - Frames And Mountings For Spectacles, Goggles Or The Like - Market Analysis, Forecast, Size, Trends and Insights

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Spectacle Frame Price in the Czech Republic - 2023

Spectacle Frame Price in the Czech Republic (FOB) - 2023

The average spectacle frame export price stood at $58.2 per unit in June 2023, rising by 20% against the previous month. In general, export price indicated a perceptible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, spectacle frame export price increased by +20.1% against May 2023 indices. The most prominent rate of growth was recorded in August 2022 an increase of 79% m-o-m. Over the period under review, the average export prices reached the peak figure at $59.3 per unit in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Poland ($498 per unit), while the average price for exports to Ukraine ($10.5 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Frame Price in the Czech Republic (CIF) - 2023

In June 2023, the average spectacle frame import price amounted to $9.2 per unit, reducing by -15.9% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 33% month-to-month. As a result, import price reached the peak level of $13.5 per unit. From August 2022 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($40.3 per unit), while the price for Spain ($1.7 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Spectacle Frame Exports in the Czech Republic

For the third year in a row, the Czech Republic recorded decline in overseas shipments of frames and mountings for spectacles, goggles or the like, which decreased by -6.4% to 1.9M units in 2022. Overall, exports recorded a dramatic downturn. The exports peaked at 4.7M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, spectacle frame exports declined modestly to $80M in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. As a result, the exports attained the peak of $82M, and then fell in the following year.

Export of Spectacle Frame in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	36.6	31.0	39.5	38.3	1.5%
Germany	26.7	25.0	26.3	23.8	-3.8%
Slovakia	4.4	4.3	5.2	5.9	10.3%
Poland	1.0	1.1	1.8	3.3	48.9%
Slovenia	0.4	0.4	0.6	1.0	35.7%
Bulgaria	0.3	0.3	0.5	0.8	38.7%
Romania	0.5	0.5	0.5	0.5	0.0%
Ukraine	0.1	0.2	0.5	0.4	58.7%
Croatia	1.1	0.5	0.8	0.4	-28.6%
Others	5.7	6.2	6.3	5.7	0.0%
Total	76.8	69.5	82.0	80.3	1.5%

Top Export Markets for Spectacle Frame from the Czech Republic in 2022:

Germany (860.9K units)
Austria (493.4K units)
Slovakia (139.3K units)
Poland (50.5K units)
Bulgaria (35.3K units)
Slovenia (34.3K units)
Ukraine (32.7K units)
Romania (28.7K units)
Croatia (26.3K units)

Spectacle Frame Imports in the Czech Republic

In 2022, purchases abroad of frames and mountings for spectacles, goggles or the like was finally on the rise to reach 5.5M units after two years of decline. In general, imports, however, saw a deep setback. Over the period under review, imports reached the peak figure at 6.8M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, spectacle frame imports surged to $69M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +8.4% 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 +58.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Spectacle Frame in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	26.2	8.4	11.7	19.5	-9.4%
Germany	11.5	15.1	16.8	18.0	16.1%
Italy	4.8	4.2	6.8	7.1	13.9%
Austria	5.0	5.0	7.3	6.5	9.1%
Hong Kong SAR	2.0	4.2	6.0	5.6	40.9%
Slovakia	0.1	1.2	1.9	1.8	162.1%
Slovenia	0.1	0.3	1.0	1.5	146.6%
Others	4.1	4.9	6.8	8.7	28.5%
Total	53.9	43.3	58.3	68.7	8.4%

Top Suppliers of Spectacle Frame to the Czech Republic in 2022:

Germany (1922.9K units)
China (1506.6K units)
Italy (980.4K units)
Hong Kong SAR (289.3K units)
Slovakia (247.8K units)
Austria (162.0K units)
Slovenia (114.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spectacle frame market in the Czech Republic. 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 32504350 - Plastic frames and mountings for spectacles, goggles or the like
Prodcom 32504390 - Non-plastic frames and mountings for spectacles, goggles and the like

Country coverage:

Czech Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Czech Republic
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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