Italy - Sunglasses - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Italy - Sunglasses - Market Analysis, Forecast, Size, Trends And Insights

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Sunglasses Price in Italy - 2023

Contents:

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

Sunglasses Price in Italy (FOB) - 2023

The average sunglasses export price stood at $199 per unit in July 2023, with an increase of 2% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.4%. The pace of growth was the most pronounced in August 2022 an increase of 8.9% against the previous month. The export price peaked in July 2023.

Prices varied noticeably by the country of destination: the country with the highest price was France ($237 per unit), while the average price for exports to Brazil ($86.2 per unit) 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 Turkey (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sunglasses Price in Italy (CIF) - 2023

The average sunglasses import price stood at $115 per unit in July 2023, surging by 8.3% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in September 2022 when the average import price increased by 17% month-to-month. The import price peaked at $139 per unit in October 2022; however, from November 2022 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($675 per unit), while the price for Thailand ($52.9 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Sunglasses Exports in Italy

In 2022, approx. 117M units of sunglasses were exported from Italy; jumping by 84% against the year before. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sunglasses exports totaled $3.4B in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Sunglasses in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7826611,0321,17814.6%
France2651962863206.5%
Germany1601331872038.3%
United Kingdom1641211911793.0%
China15499.71251744.2%
Spain17091.1133167-0.6%
Switzerland10881.41251357.7%
Turkey55.639.556.898.120.8%
Mexico61.633.260.486.311.9%
United Arab Emirates71.930.547.861.4-5.1%
Hong Kong SAR67.954.162.842.5-14.5%
Poland18.120.031.634.423.9%
Brazil40.720.425.028.2-11.5%
Others6464686206852.0%
Total2,7662,0492,9823,3927.0%

Top Export Markets for Sunglasses from Italy in 2022:

  1. United States (40.3M units)
  2. France (12.8M units)
  3. Spain (8.9M units)
  4. China (7.4M units)
  5. Germany (4.3M units)
  6. Switzerland (3.7M units)
  7. Mexico (3.2M units)
  8. United Kingdom (2.8M units)
  9. Turkey (2.6M units)
  10. Brazil (2.3M units)
  11. United Arab Emirates (2.3M units)
  12. Poland (1.8M units)
  13. Hong Kong SAR (1.6M units)

Sunglasses Imports in Italy

In 2022, approx. 37M units of sunglasses were imported into Italy; increasing by 24% on the previous year's figure. Over the period under review, imports, however, continue to indicate a perceptible downturn. Imports peaked at 40M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, sunglasses imports skyrocketed to $573M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Sunglasses in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2361521982542.5%
Japan74.558.359.292.97.6%
United States80.069.893.684.61.9%
France32.931.631.952.116.6%
Germany12.39.713.312.1-0.5%
Netherlands10.58.29.68.9-5.4%
Spain12.77.48.97.1-17.6%
Belgium6.02.71.91.7-34.3%
Others74.052.460.559.1-7.2%
Total5383924775732.1%

Top Suppliers of Sunglasses to Italy in 2022:

  1. China (27.0M units)
  2. United States (2.2M units)
  3. Japan (1.6M units)
  4. Spain (1.2M units)
  5. Netherlands (1.1M units)
  6. France (0.7M units)
  7. Germany (0.6M units)
  8. Belgium (0.4M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sunglasses 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 32504250 - Sunglasses

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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