Slovakia: Spectacles And Goggles Market 2022

Spectacles And Goggles Market Size in Slovakia

The Slovak spectacles and goggles market contracted notably to $X in 2021, waning by -X% against the previous year. In general, consumption recorded a abrupt decline. Spectacles and goggles consumption peaked at $X in 2020, and then contracted remarkably in the following year.

Spectacles And Goggles Production in Slovakia

In value terms, spectacles and goggles production fell to $X in 2021 estimated in export price. Overall, production, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then shrank in the following year.

Spectacles And Goggles Exports

Exports from Slovakia

In 2021, shipments abroad of spectacles and goggles increased by X% to X units, rising for the third year in a row after two years of decline. Overall, total exports indicated noticeable growth from 2012 to 2021: its volume 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. Based on 2021 figures, exports increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, spectacles and goggles exports expanded markedly to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for spectacles and goggles exports from Slovakia, accounting for a X% share of total exports. Moreover, spectacles and goggles exports to Germany exceeded the volume sent to the second major destination, the Czech Republic (X units), fourfold. France (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+X% per year) and France (+X% per year).

In value terms, the largest markets for spectacles and goggles exported from Slovakia were Germany ($X), the Czech Republic ($X) and France ($X), with a combined X% share of total exports.

Among the main countries of destination, the Czech Republic, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average spectacles and goggles export price stood at $X per unit in 2021, declining by -X% against the previous year. Over the period under review, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per unit), while the average price for exports to Germany ($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 Poland (+X%), while the prices for the other major destinations experienced a decline.

Spectacles And Goggles Imports

Imports into Slovakia

In 2021, after two years of growth, there was significant decline in purchases abroad of spectacles and goggles, when their volume decreased by -X% to X units. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, spectacles and goggles imports declined modestly to $X in 2021. Over the period under review, imports continue to indicate a sharp reduction. The smallest decline of -X% was in 2019. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Czech Republic (X units) constituted the largest supplier of spectacles and goggles to Slovakia, with a X% share of total imports. Moreover, spectacles and goggles imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was held by Poland (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Poland (+X% per year).

In value terms, Germany ($X), the Czech Republic ($X) and Hungary ($X) were the largest spectacles and goggles suppliers to Slovakia, with a combined X% share of total imports. These countries were followed by France, Poland, China and the Netherlands, which together accounted for a further X the main suppliers, Poland, with a CAGR of +X%, recorded 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

The average spectacles and goggles import price stood at $X per unit in 2021, jumping by X% against the previous year. Overall, the import price, however, showed a deep slump. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was France ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

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