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Spain - Frames And Mountings For Spectacles, Goggles Or The Like - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Spain: Spectacle Frame Market Overview 2021

Spectacle Frame Market Size in Spain

In 2020, the Spanish spectacle frame market decreased by -X% to $X, falling for the third consecutive year after two years of growth. In general, consumption recorded a noticeable setback. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Spectacle frame consumption peaked at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Spectacle Frame Production in Spain

In value terms, spectacle frame production expanded modestly to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X; afterwards, it flattened through to 2020.

Spectacle Frame Exports

Exports from Spain

In 2020, shipments abroad of frames and mountings for spectacles, goggles or the like decreased by -X% to X units, falling for the third year in a row after six years of growth. In general, exports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Exports peaked at X units in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, spectacle frame exports dropped to $X in 2020. Over the period under review, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

France (X units) was the main destination for spectacle frame exports from Spain, accounting for a X% share of total exports. Moreover, spectacle frame exports to France exceeded the volume sent to the second major destination, Italy (X units), twofold. Germany (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to France stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Germany (+X% per year).

In value terms, France ($X) remains the key foreign market for spectacle frame exports from Spain, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to France amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Italy (+X% per year).

Export Prices by Country

In 2020, the average spectacle frame export price amounted to $X per unit, almost unchanged from the previous year. In general, export price indicated a pronounced increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, spectacle frame export price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2008 when the average export price increased by X% year-to-year. The export price peaked in 2020 and is expected to retain growth in the near future.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Frame Imports

Imports into Spain

In 2020, supplies from abroad of frames and mountings for spectacles, goggles or the like decreased by -X% to X units, falling for the second year in a row after three years of growth. In general, imports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X units in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, spectacle frame imports dropped remarkably to $X in 2020. Overall, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X units) constituted the largest supplier of spectacle frame to Spain, accounting for a X% share of total imports. Moreover, spectacle frame imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and France (-X% per year).

In value terms, the largest spectacle frame suppliers to Spain were China ($X), Italy ($X) and France ($X), with a combined X% share of total imports.

Among the main suppliers, China recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average spectacle frame import price amounted to $X per unit, waning by -X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frames and mountings for spectacles, goggles or the like in the world?
+
The countries with the highest volumes of spectacle frame consumption in 2020 were China (135M units), the U.S. (72M units) and Japan (25M units), with a combined 41% share of global consumption. Italy, Bangladesh, Indonesia, France, Mexico, the UK, Democratic Republic of the Congo, Germany, Turkey and South Korea lagged somewhat behind, together comprising a further 30%.
What are the largest producers of frames and mountings for spectacles, goggles or the like in the world?
+
China (199M units) constituted the country with the largest volume of spectacle frame production, accounting for 55% of total volume. Moreover, spectacle frame production in China exceeded the figures recorded by the second-largest producer, Bangladesh (25M units), eightfold. The third position in this ranking was occupied by Indonesia (21M units), with a 5.8% share.
What are the leading suppliers of frames and mountings for spectacles, goggles or the like to Spain?
+
In value terms, China ($46M), Italy ($46M) and France ($1.9M) appeared to be the largest spectacle frame suppliers to Spain, with a combined 89% share of total imports.
What are the leading importers of frames and mountings for spectacles, goggles or the like from Spain?
+
In value terms, France ($25M) remains the key foreign market for spectacle frame exports from Spain, comprising 31% of total exports. The second position in the ranking was occupied by Germany ($12M), with a 15% share of total exports. It was followed by Italy, with a 14% share.
What is the average export price for frames and mountings for spectacles, goggles or the like in Spain?
+
In 2020, the average spectacle frame export price amounted to $39 per unit, stabilizing at the previous year.
What is the average import price for frames and mountings for spectacles, goggles or the like in Spain?
+
The average spectacle frame import price stood at $13 per unit in 2020, falling by -8.7% against the previous year.

Product coverage:
• Prodcom 32504350 - Plastic frames and mountings for spectacles, goggles or the like
• Prodcom 32504390 - Non-plastic frames and mountings for spectacles, goggles and the like

This report provides an in-depth analysis of the spectacle frame market in Spain. 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:
• Spain

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Spain
• 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 2030
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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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