Eastern Europe: Spectacle Plastic Frame Market 2024

Spectacle Plastic Frame Market Size in Eastern Europe

After two years of growth, the East European spectacle plastic frame market decreased by X% to $X in 2023. The total consumption indicated a buoyant expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. 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 2022, and then shrank in the following year.

Spectacle Plastic Frame Production in Eastern Europe

In value terms, spectacle plastic frame production contracted slightly to $X in 2023 estimated in export price. Overall, production, however, posted a temperate increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2023, production growth remained at a somewhat lower figure.

Spectacle Plastic Frame Exports

Exports in Eastern Europe

In 2023, overseas shipments of plastic frames and mountings for spectacles and goggles increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, spectacle plastic frame exports dropped slightly to $X in 2023. Over the period under review, exports saw buoyant growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Hungary (X units) and the Czech Republic (X units) prevails in exports structure, together generating X% of total exports. It was distantly followed by Estonia (X units) and Poland (X units), together mixing up a X% share of total exports. Lithuania (X units) and Russia (X units) took a minor share of total exports.

From 2012 to 2023, the biggest increases were recorded for Estonia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) remains the largest spectacle plastic frame supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports. It was followed by Estonia, with a X% share.

In the Czech Republic, spectacle plastic frame exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Hungary (X% per year) and Estonia (X% per year).

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per unit, falling by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The level of export peaked at $X per unit in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other leaders experienced more modest paces of growth.

Spectacle Plastic Frame Imports

Imports in Eastern Europe

In 2023, supplies from abroad of plastic frames and mountings for spectacles and goggles decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Total imports indicated notable growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. The volume of import peaked at X units in 2014; however, from 2015 to 2023, imports failed to regain momentum.

In value terms, spectacle plastic frame imports rose significantly to $X in 2023. Total imports indicated strong growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked in 2023 and is likely to continue growth in the immediate term.

Imports by Country

The purchases of the four major importers of plastic frames and mountings for spectacles and goggles, namely Hungary, the Czech Republic, Poland and Russia, represented more than two-thirds of total import. It was distantly followed by Romania (X units), achieving a X% share of total imports. The following importers - Ukraine (X units) and Bulgaria (X units) - together made up X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest spectacle plastic frame importing markets in Eastern Europe were Poland ($X), Hungary ($X) and the Czech Republic ($X), together comprising X% of total imports. Russia, Romania, Bulgaria and Ukraine lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Eastern Europe amounted to $X per unit, growing by X% against the previous year. Import price indicated a pronounced increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Poland ($X per unit), while Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform