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Estonia - Contact Lenses - Market Analysis, Forecast, Size, Trends and Insights

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Estonia: Contact Lens Market Overview 2019

Contact Lens Market Size in Estonia

The revenue of the contact lens market in Estonia amounted to $X in 2018, approximately reflecting the previous year. In general, contact lens consumption, however, continues to indicate a remarkable growth. The growth pace was the most rapid in 2017, with an increase of X% year-to-year. Over the period under review, the contact lens market reached its peak figure level in 2018, and is likely to continue its growth in the immediate term.

Contact Lens Production in Estonia

In value terms, contact lens production stood at $X in 2018 estimated in export prices. Overall, contact lens production continues to indicate a relatively flat trend pattern.

Contact Lens Exports

Exports from Estonia

In 2018, approx. X units of contact lenses were exported from Estonia; falling by -X% against the previous year. Overall, contact lens exports, however, continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2017, when exports increased by X% year-to-year. In that year, contact lens exports attained their peak of X units, and then declined slightly in the following year.

In value terms, contact lens exports amounted to $X in 2018. Overall, contact lens exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2010, when exports increased by X% against the previous year. Over the period under review, contact lens exports attained their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

Ireland represented the main exporter of contact lenses in the world, with the volume of exports accounting for X units, which was approx. X% of total exports in 2018. Germany (X units) took a X% share (based on tonnes) of total exports, which put it in second place, followed by the UK (X%), Taiwan, Chinese (X%), the U.S. (X%), Singapore (X%) and Hungary (X%). Malaysia (X units) followed a long way behind the leaders.

Exports from Ireland increased at an average annual rate of +X% from 2007 to 2018. At the same time, Hungary (+X%), Germany (+X%), Taiwan, Chinese (+X%), Singapore (+X%), Malaysia (+X%), the UK (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2018. Malaysia (-X%), the U.S. (-X%), Singapore (-X%), Hungary (-X%), the UK (-X%), Taiwan, Chinese (-X%), Germany (-X%) and Ireland (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ireland ($X), the UK ($X) and the U.S. ($X) were the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by Germany, Singapore, Taiwan, Chinese, Malaysia, Hungary and Estonia, which together accounted for a further X, Chinese recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the contact lens export price in Estonia amounted to $X per thousand units, declining by -X% against the previous year. Over the period under review, the contact lens export price continues to indicate a deep descent. The growth pace was the most rapid in 2009, when the export price increased by X% year-to-year. Over the period under review, the export prices for contact lenses reached their maximum at $X per thousand units in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was the U.S. ($X per thousand units), while Hungary ($X per thousand units) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by the UK, while the other leaders experienced a decline in the export price figures.

Contact Lens Imports

Imports into Estonia

In 2018, approx. X units of contact lenses were imported into Estonia; leveling off at the previous year. Over the period under review, contact lens imports, however, continue to indicate a skyrocketing growth. The most prominent rate of growth was recorded in 2017, when imports increased by X% y-o-y. In that year, contact lens imports reached their peak of X units, and then declined slightly in the following year.

In value terms, contact lens imports amounted to $X in 2018. In general, contact lens imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2010, with an increase of X% against the previous year. Over the period under review, contact lens imports attained their peak figure in 2018, and are expected to retain its growth in the near future.

Imports by Country

In 2018, Japan (X units), distantly followed by the U.S. (X units), the UK (X units), China (X units), Belgium (X units) and Singapore (X units) represented the main importers of contact lenses, together constituting X% of total imports. Italy (X units), South Korea (X units), Taiwan, Chinese (X units), Russia (X units), France (X units) and Sweden (X units) took a minor share of total imports.

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

In value terms, Japan ($X), the U.S. ($X) and the UK ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Singapore, Italy, China, France, South Korea, Belgium, Russia, Taiwan, Chinese, Sweden and Estonia lagged somewhat behind, together accounting for a further X the main importing countries, China recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the contact lens import price in Estonia amounted to $X per thousand units, growing by X% against the previous year. Overall, the contact lens import price, however, continues to indicate a significant downturn. The growth pace was the most rapid in 2010, an increase of X% y-o-y. Over the period under review, the import prices for contact lenses reached their maximum at $X per thousand units in 2016; however, from 2017 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was France ($X per thousand units), while Belgium ($X per thousand units) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by China, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 32504130 - Contact lenses

This report provides an in-depth analysis of the contact lens 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 2025.


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:
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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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