Spectacle Frame Market Overview in Austria
In value terms, spectacle frame production shrank to $ in estimated in export prices. In general, production, however, recorded temperate growth. The pace of growth was the most pronounced in 2009 with an increase of % against the previous year. Over the period under review, production attained the peak level at $ in 2014; however, from 2015 to , production failed to regain the momentum.
The value of the spectacle frame market in Austria declined to $ in , approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a prominent increase from 2007 to : its value increased at an average annual rate of +% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. The growth pace was the most rapid in 2009 with an increase of % against the previous year. Over the period under review, the market hit record highs at $ in 2019, and then contracted modestly in the following year.