The global export of glasses for corrective spectacles in 2023 shows Germany leading with $20.316 million, followed by China with a significant volume of $8.0576 million. France witnessed a sharp decline of 22.46%, while Malaysia, China, and Italy exhibited positive growth of 4.64%, 5.51%, and 5.71% respectively. Singapore maintained modest growth with 0.58%. Sweden, Indonesia, and South Africa experienced positive growth trends. Alternatively, countries like the United Kingdom saw a decline of 5.47%. Denmark showed considerable growth at 22.39%, making it a noteworthy player, alongside Hungary with the highest growth rate of 22.92%. The emerging markets like the United Arab Emirates registered 7.42% growth.
Future trends to watch include technological advancements in lens manufacturing, increasing demand from aging populations, and growing health awareness. Additionally, countries investing in optical infrastructure could potentially shift market dynamics. Observing how economic factors and trade policies evolve will also be crucial for accurate forecasting.
Top countries in Export of Glasses for Corrective Spectacles by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 20,316,000 | 2023 | -0.14% | -0.13% | View data |
2 | 2 China | 8,057,600 | 2023 | +1.64% | +5.51% | View data |
3 | 3 France | 3,791,400 | 2023 | -33.84% | -22.46% | View data |
4 | 4 Malaysia | 2,001,700 | 2023 | +3.64% | +4.64% | View data |
5 | 5 Singapore | 1,650,900 | 2023 | +3.21% | +0.58% | View data |
6 | 6 Italy | 867,410 | 2023 | +1.65% | +5.71% | View data |
7 | 7 Sweden | 629,220 | 2023 | +5.91% | +5.08% | View data |
8 | 8 Netherlands | 481,770 | 2023 | -0.21% | +0.31% | View data |
9 | 9 Indonesia | 457,660 | 2023 | +1.75% | +3.81% | View data |
10 | 10 United Kingdom | 456,990 | 2023 | -9.48% | -5.47% | View data |