The global export market for spectacle lenses of glass is dominated by China, holding a significant 86.14% share. The Czech Republic, Italy, and Myanmar follow distantly, with shares of 2.67%, 1.55%, and 1.07%, respectively. Notably, China exhibited a 0.5% year-on-year growth in 2023, while Myanmar observed a remarkable 19.05% increase. Conversely, Italy and Germany experienced declines of 7.19% and 9.18%, respectively. Over the last five years, China's CAGR remains strong, underscoring its dominant position.
Future trends to watch include potential fluctuations in China's market dominance due to geopolitical factors, technological advancements in lens manufacturing, and shifts in demand patterns. Emerging markets like Myanmar and Slovenia could see further growth, whereas countries like Italy and Japan may need to revitalize their strategies to recover from declining exports.
Top countries in Export of Spectacle Lenses of Glass Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 86.14 | 2023 | +1.14% | +0.5% | View data |
| 2 | 2 Czech Republic | 2.67 | 2023 | +4.69% | +0.92% | View data |
| 3 | 3 Italy | 1.55 | 2023 | -7.54% | -7.19% | View data |
| 4 | 4 Myanmar | 1.07 | 2023 | -11.14% | +19.05% | View data |
| 5 | 5 Germany | 0.45 | 2023 | -9.98% | -9.18% | View data |
| 6 | 6 Slovenia | 0.27 | 2023 | +5.16% | +8.28% | View data |
| 7 | 7 India | 0.24 | 2023 | -25.81% | -19.39% | View data |
| 8 | 8 Sweden | 0.19 | 2023 | +6.24% | +0.32% | View data |
| 9 | 9 Greece | 0.15 | 2023 | +4.46% | +3.76% | View data |
| 10 | 10 Japan | 0.14 | 2023 | -16.41% | -14.01% | View data |
