Report Update: May 9, 2024

Estonia - Spectacles And Goggles - Market Analysis, Forecast, Size, Trends And Insights

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Spectacles and Goggles Price in Estonia - 2023

Spectacles and Goggles Price in Estonia (FOB) - 2023

The average spectacles and goggles export price stood at $87.5 per unit in September 2023, surging by 204% against the previous month. Overall, the export price continues to indicate a slight expansion. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 415% m-o-m. Over the period under review, the average export prices hit record highs at $153 per unit in October 2022; however, from November 2022 to September 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Finland ($91.8 per unit), while the average price for exports to Latvia amounted to $25.6 per unit.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+3.3%).

Spectacles and Goggles Price in Estonia (CIF) - 2023

In September 2023, the average spectacles and goggles import price amounted to $20.9 per unit, increasing by 10% against the previous month. Overall, the import price showed a strong increase. The pace of growth was the most pronounced in October 2022 when the average import price increased by 239% m-o-m. The import price peaked in September 2023.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($108 per unit), while the price for Latvia ($5.2 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Spectacles and Goggles Exports in Estonia

In 2022, the amount of spectacles and goggles exported from Estonia rose rapidly to 610K units, increasing by 8.8% on the previous year. Overall, exports, however, saw a deep reduction. Over the period under review, the exports hit record highs at 767K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, spectacles and goggles exports reduced markedly to $15M in 2022. In general, exports, however, recorded a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 26% against the previous year. Over the period under review, the exports hit record highs at $18M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Spectacles and Goggles in Estonia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	17.2	13.3	16.3	14.4	-5.8%
Latvia	0.2	0.2	0.2	0.1	-20.6%
Russia	0.3	0.2	0.7	0.1	-30.7%
Others	0.1	0.1	0.1	0.1	0.0%
Total	17.7	13.8	17.4	14.8	-5.8%

Top Export Markets for Spectacles and Goggles from Estonia in 2022:

Finland (594.0K units)
Latvia (6.0K units)
Russia (2.9K units)

Spectacles and Goggles Imports in Estonia

In 2022, approx. 137K units of spectacles and goggles were imported into Estonia; which is down by -30.9% on 2021. In general, imports recorded a significant decline. The smallest decline of -25.1% was in 2021. Imports peaked at 265K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, spectacles and goggles imports declined remarkably to $1.6M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 71%. As a result, imports attained the peak of $2.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Spectacles and Goggles in Estonia (Thousand USD)
COUNTRY	2020	2021	2022	CAGR, 2020-2022
Finland	263	241	226	-7.3%
Poland	316	263	217	-17.1%
Latvia	130	140	176	16.4%
Italy	104	149	143	17.3%
Sweden	233	232	125	-26.8%
Germany	182	210	122	-18.1%
China	93.5	304	113	9.9%
France	51.8	84.5	97.7	37.3%
Netherlands	14.4	54.9	66.7	115.2%
Lithuania	1,217	90.5	55.1	-78.7%
Denmark	30.6	389	52.1	30.5%
Austria	0.7	20.9	18.0	407.1%
Others	123	187	189	24.0%
Total	2,758	2,367	1,600	-23.8%

Top Suppliers of Spectacles and Goggles to Estonia in 2022:

France (29.1K units)
Finland (20.1K units)
Latvia (14.9K units)
Poland (12.3K units)
Sweden (11.9K units)
China (10.7K units)
Germany (9.5K units)
Lithuania (6.6K units)
Italy (5.8K units)
Netherlands (4.1K units)
Denmark (3.6K units)
Austria (2.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spectacles and goggles market in Estonia. 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 32504290 - Spectacles, goggles and the like, corrective, protective or other (excluding sunglasses)

Country coverage:

Estonia

Data coverage:

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