Croatia: Spectacle Frame Market Overview 2020

Spectacle Frame Market Size in Croatia

The revenue of the spectacle frame market in Croatia amounted to $X in 2018, rising by X% against the previous year. Over the period under review, spectacle frame consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Spectacle frame consumption peaked at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Spectacle Frame Production in Croatia

In value terms, spectacle frame production stood at $X in 2018 estimated in export prices. Over the period under review, spectacle frame production continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2011 when production volume increased by X% y-o-y. Spectacle frame production peaked at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

Spectacle Frame Exports

Exports from Croatia

In 2018, the amount of frames and mountings for spectacles, goggles or the like exported from Croatia totaled X units, going up by X% against the previous year. In general, spectacle frame exports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Exports peaked at X units in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

In value terms, spectacle frame exports stood at $X in 2018. Over the period under review, spectacle frame exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, spectacle frame exports attained their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

The UK (X units), Romania (X units) and Slovenia (X units) were the main destinations of spectacle frame exports from Croatia, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the UK, while the other leaders experienced more modest paces of growth.

In value terms, Romania ($X) remains the key foreign market for spectacle frame exports from Croatia, comprising X% of total spectacle frame exports. The second position in the ranking was occupied by Bosnia and Herzegovina ($X), with a X% share of total exports. It was followed by Bulgaria, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Romania amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (+X% per year) and Bulgaria (+X% per year).

Export Prices by Country

The average spectacle frame export price stood at $X per unit in 2018, lowering by -X% against the previous year. In general, the spectacle frame export price, however, continues to indicate a slight increase. The growth pace was the most rapid in 2011 an increase of X% against the previous year. Over the period under review, the average export prices for frames and mountings for spectacles, goggles or the like attained their peak figure at $X per unit in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Israel ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina, while the prices for the other major destinations experienced mixed trend patterns.

Spectacle Frame Imports

Imports into Croatia

In 2018, the amount of frames and mountings for spectacles, goggles or the like imported into Croatia amounted to X units, rising by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, spectacle frame imports attained their peak figure in 2018 and are likely to see steady growth in the near future.

In value terms, spectacle frame imports stood at $X in 2018. Overall, spectacle frame imports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

China (X units), China, Hong Kong SAR (X units) and Italy (X units) were the main suppliers of spectacle frame imports to Croatia, with a combined X% share of total imports. Austria, Turkey and Poland lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Turkey, while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of spectacle frame to Croatia, comprising X% of total spectacle frame imports. The second position in the ranking was occupied by Austria ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Italy stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and China (-X% per year).

Import Prices by Country

The average spectacle frame import price stood at $X per unit in 2018, reducing by -X% against the previous year. Overall, the spectacle frame import price continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2014 an increase of X% y-o-y. The import price peaked at $X per unit in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while the price for China, Hong Kong SAR ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform