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United Kingdom - Spectacle Lenses Of Glass Or Other Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpectacle Glass Lenses Price in the UK - 2023
Contents:
- Spectacle Glass Lenses Price in the UK (CIF) - 2022
- Spectacle Glass Lenses Price in the UK (FOB) - 2022
- Spectacle Glass Lenses Imports in the UK
- Spectacle Glass Lenses Exports in the UK
Spectacle Glass Lenses Price in the UK (CIF) - 2022
The average spectacle glass lenses import price stood at $4.4 per unit in 2022, rising by 11% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 12%. Over the period under review, average import prices attained the peak figure at $5.6 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($12 per unit), while the price for Malaysia ($0.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Spectacle Glass Lenses Price in the UK (FOB) - 2022
In 2022, the average spectacle glass lenses export price amounted to $2.9 per unit, with an increase of 6.8% against the previous year. In general, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 68%. Over the period under review, the average export prices attained the maximum at $5.6 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 for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($12 per unit), while the average price for exports to Spain ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.
Spectacle Glass Lenses Imports in the UK
In 2022, approx. 53M units of spectacle lenses of glass or other materials were imported into the UK; reducing by -24.8% against the year before. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. As a result, imports reached the peak of 71M units, and then shrank significantly in the following year.
In value terms, spectacle glass lenses imports fell sharply to $233M in 2022. Over the period under review, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 48%. As a result, imports reached the peak of $280M, and then shrank sharply in the following year.
Import of Spectacle Glass Lenses in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 47.2 | 34.4 | 45.6 | 69.3 | 13.7% |
China | 19.9 | 15.5 | 29.9 | 41.3 | 27.6% |
Philippines | 14.2 | 11.8 | 18.3 | 33.5 | 33.1% |
Portugal | 19.6 | 13.8 | 26.0 | 15.6 | -7.3% |
Hungary | 66.6 | 29.9 | 25.6 | 14.3 | -40.1% |
India | 14.3 | 12.1 | 16.7 | 12.2 | -5.2% |
Mexico | 4.5 | 4.0 | 7.0 | 11.8 | 37.9% |
Poland | 14.3 | 14.4 | 19.5 | 9.6 | -12.4% |
United States | 2.4 | 3.3 | 2.1 | 2.6 | 2.7% |
Germany | 15.4 | 11.2 | 36.1 | 1.9 | -50.2% |
Malaysia | 2.2 | 0.7 | 3.3 | 1.6 | -10.1% |
Hong Kong SAR | 7.7 | 4.5 | 6.6 | 1.3 | -44.7% |
Netherlands | 13.1 | 9.7 | 12.5 | 0.1 | -80.3% |
Others | 34.5 | 23.5 | 30.4 | 17.8 | -19.8% |
Total | 276 | 189 | 280 | 233 | -5.5% |
Top Suppliers of Spectacle Glass Lenses to the UK in 2022:
- China (17.1M units)
- Thailand (12.9M units)
- Mexico (6.9M units)
- Philippines (4.7M units)
- Hungary (2.2M units)
- Malaysia (1.8M units)
- United States (1.5M units)
- Poland (1.5M units)
- India (1.4M units)
- Portugal (0.8M units)
- Hong Kong SAR (0.3M units)
- Germany (0.2M units)
- Netherlands (0.1M units)
Spectacle Glass Lenses Exports in the UK
In 2022, shipments abroad of spectacle lenses of glass or other materials decreased by -21.3% to 10M units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2020 when exports increased by 12%. As a result, the exports reached the peak of 42M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, spectacle glass lenses exports contracted notably to $31M in 2022. Overall, exports faced a sharp decline. The exports peaked at $90M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Spectacle Glass Lenses in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 15.6 | 21.7 | 10.1 | 8.7 | -17.7% |
Hungary | 11.5 | 13.7 | 14.3 | 7.3 | -14.1% |
Poland | N/A | N/A | 8.4 | 6.8 | -19.0% |
Netherlands | 5.4 | 5.0 | 0.2 | 3.5 | -13.5% |
Sweden | 29.0 | 3.9 | 0.1 | 0.2 | -81.0% |
Denmark | 19.1 | 19.7 | N/A | N/A | 3.1% |
Others | 9.7 | 5.1 | 3.4 | 4.1 | -25.0% |
Total | 90.2 | 69.0 | 36.4 | 30.6 | -30.3% |
Top Export Markets for Spectacle Glass Lenses from the UK in 2022:
- Denmark (undefinedM units)
- Sweden (undefinedM units)
- Ireland (4.7M units)
- Hungary (3.7M units)
- Netherlands (1.0M units)
- Poland (0.6M units)
This report provides an in-depth analysis of the spectacle glass lenses market in the UK. 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 2030.
Product coverage:
- Prodcom 32504153 - Unmounted spectacle lenses other than for the correction of vision
- Prodcom 32504155 - Unmounted single focal spectacle lenses for the correction of vision, with both sides finished
- Prodcom 32504159 - Unmounted spectacle lenses for the correction of vision, with both sides finished other than single focal lenses
- Prodcom 32504170 - Unmounted spectacle lenses for the correction of vision, other than those with both sides finished
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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