Eastern Europe: Personal Spectacle Optics Market 2024

Personal Spectacle Optics Market Size in Eastern Europe

The East European personal spectacle optics market surged to $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

Personal Spectacle Optics Production in Eastern Europe

In value terms, personal spectacle optics production dropped slightly to $X in 2023 estimated in export price. In general, production posted a prominent increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2022, and then shrank slightly in the following year.

Personal Spectacle Optics Exports

Exports in Eastern Europe

In 2023, shipments abroad of personal spectacle optics decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. In general, exports saw a slight curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked at X units in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, personal spectacle optics exports soared to $X in 2023. Over the period under review, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

Exports by Country

Poland was the key exporter of personal spectacle optics in Eastern Europe, with the volume of exports amounting to X units, which was approx. X% of total exports in 2023. Hungary (X units) held the second position in the ranking, distantly followed by the Czech Republic (X units) and Slovakia (X units). All these countries together held near X% share of total exports. The following exporters - Estonia (X units), Romania (X units) and Russia (X units) - each finished at a X% 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, Hungary ($X), Poland ($X) and the Czech Republic ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Estonia, Slovakia, Romania and Russia lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Estonia, 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 more modest paces of growth.

Export Prices by Country

In 2023, the export price in Eastern Europe amounted to $X per unit, picking up by X% against the previous year. Overall, the export price recorded a resilient increase. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. The level of export peaked in 2023 and is likely to continue growth in the near future.

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 Hungary ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

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

Personal Spectacle Optics Imports

Imports in Eastern Europe

For the fifth year in a row, Eastern Europe recorded growth in purchases abroad of personal spectacle optics, which increased by X% to X units in 2023. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2023, the growth of imports remained at a lower figure.

In value terms, personal spectacle optics imports soared to $X in 2023. Total imports indicated a slight 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. Based on 2023 figures, imports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Russia (X units) and Poland (X units) represented roughly X% of total imports in 2023. Hungary (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (X%), Ukraine (X%) and Slovakia (X%). Romania (X units) followed a long way behind the leaders.

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

In value terms, Russia ($X), Poland ($X) and the Czech Republic ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Slovakia, Romania, Hungary and Ukraine lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries 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, surging by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2018; afterwards, it flattened through to 2023.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Slovakia ($X per unit), while Hungary ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform