Global Contact Lense Market 2024

Contact Lense Market Size

The global contact lense market stood at $X in 2022, with an increase of X% against the previous year. Overall, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2012 indices. Global consumption peaked in 2022 and is likely to see steady growth in the near future.

Contact Lense Production

In value terms, contact lense production stood at $X in 2022 estimated in export price. Overall, the total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, global production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Contact Lense Exports

Exports

In 2022, approx. X units of contact lenses were exported worldwide; increasing by X% compared with the previous year's figure. Overall, total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The global exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, contact lense exports expanded slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

In 2022, Ireland (X units), distantly followed by Germany (X units), Taiwan (Chinese) (X units), the UK (X units) and the United States (X units) were the main exporters of contact lenses, together comprising X% of total exports. The following exporters - Hungary (X units) and Belgium (X units) - each finished at an X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest contact lense supplying countries worldwide were Germany ($X), Ireland ($X) and the United States ($X), together comprising X% of global exports. Taiwan (Chinese), the UK, Belgium and Hungary lagged somewhat behind, together accounting for a further X%.

Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average contact lense export price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a noticeable shrinkage. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced a decline in the export price figures.

Contact Lense Imports

Imports

In 2022, global contact lense imports was estimated at X units, with an increase of X% against the previous year. Overall, total imports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, contact lense imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, global imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Japan represented the major importing country with an import of about X units, which accounted for X% of total imports. Germany (X units) ranks second in terms of the total imports with a X% share, followed by China (X%), the United States (X%) and the UK (X%). Italy (X units), Russia (X units) and Taiwan (Chinese) (X units) held a little share of total imports.

Imports into Japan increased at an average annual rate of X% from 2012 to 2022. At the same time, Russia (X%), China (X%), Germany (X%), the United States (X%), Italy (X%) and Taiwan (Chinese) (X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. The UK experienced a relatively flat trend pattern. From 2012 to 2022, the share of China, Germany, the United States and Russia increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest contact lense importing markets worldwide were Japan ($X), the United States ($X) and Germany ($X), together accounting for X% of global imports. China, Russia, Italy, the UK and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Among the main importing countries, China, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average contact lense import price stood at $X per unit in 2022, remaining stable against the previous year. In general, the import price saw a noticeable contraction. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Global import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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