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Croatia - Plastic Frames and Mountings for Spectacles and Goggles - Market Analysis, Forecast, Size, Trends and Insights

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Croatia: Spectacle Plastic Frame Market 2022

Spectacle Plastic Frame Market Size in Croatia

After two years of decline, the Croatian spectacle plastic frame market increased by X% to $X in 2021. Overall, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Spectacle Plastic Frame Production in Croatia

In value terms, spectacle plastic frame production expanded remarkably to $X in 2021 estimated in export price. Overall, production, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Spectacle Plastic Frame Exports

Exports from Croatia

In 2021, shipments abroad of plastic frames and mountings for spectacles and goggles decreased by -X% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, exports, however, saw a perceptible increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, spectacle plastic frame exports expanded rapidly to $X in 2021. Over the period under review, exports, however, showed a measured increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X units) was the main destination for spectacle plastic frame exports from Croatia, with a X% share of total exports. Moreover, spectacle plastic frame exports to Bosnia and Herzegovina exceeded the volume sent to the second major destination, Slovenia (X units), twofold. Albania (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Bosnia and Herzegovina totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (+X% per year) and Albania (+X% per year).

In value terms, Slovenia ($X), Bosnia and Herzegovina ($X) and Italy ($X) were the largest markets for spectacle plastic frame exported from Croatia worldwide, with a combined X% share of total exports.

Slovenia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average spectacle plastic frame export price stood at $X per unit in 2021, jumping by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Spectacle Plastic Frame Imports

Imports into Croatia

In 2021, overseas purchases of plastic frames and mountings for spectacles and goggles were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, total imports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, spectacle plastic frame imports soared to $X in 2021. In general, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest spectacle plastic frame supplier to Croatia, with a X% share of total imports. Moreover, spectacle plastic frame imports from Italy exceeded the figures recorded by the second-largest supplier, China (X units), sixfold. Austria (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Austria (+X% per year).

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

From 2012 to 2021, the average annual rate of growth in terms of value from Italy stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Austria (+X% per year).

Import Prices by Country

In 2021, the average spectacle plastic frame import price amounted to $X per unit, surging by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 an increase of X%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Italy ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for plastic frames and mountings for spectacles and goggles in the world?

The countries with the highest volumes of consumption in 2021 were the United States, Mexico and China, together accounting for 35% of global consumption. Hong Kong SAR, India, Italy, Japan, Brazil, France, Russia and Bangladesh lagged somewhat behind, together comprising a further 34%.

What are the largest producers of plastic frames and mountings for spectacles and goggles in the world?

The country with the largest volume of spectacle plastic frame production was China, comprising approx. 37% of total volume. Moreover, spectacle plastic frame production in China exceeded the figures recorded by the second-largest producer, Italy, threefold. India ranked third in terms of total production with an 11% share.

What are the leading suppliers of plastic frames and mountings for spectacles and goggles to Croatia?

In value terms, Italy constituted the largest supplier of spectacle plastic frame to Croatia, comprising 88% of total imports. The second position in the ranking was held by China, with a 4.6% share of total imports. It was followed by Austria, with a 4% share.

What are the leading importers of plastic frames and mountings for spectacles and goggles from Croatia?

In value terms, Slovenia, Bosnia and Herzegovina and Italy constituted the largest markets for spectacle plastic frame exported from Croatia worldwide, together accounting for 81% of total exports.

What is the average export price for plastic frames and mountings for spectacles and goggles in Croatia?

The average spectacle plastic frame export price stood at $34 per unit in 2021, picking up by 60% against the previous year.

What is the average import price for plastic frames and mountings for spectacles and goggles in Croatia?

The average spectacle plastic frame import price stood at $18 per unit in 2021, surging by 16% against the previous year.

This report provides an in-depth analysis of the spectacle plastic frame market in Croatia. 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

Country coverage:

• Croatia

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Croatia

• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance