Sunglasses Market Overview in Estonia
In value terms, sunglasses production skyrocketed to $ in 2019 estimated in export prices. Overall, production, however, showed a abrupt decrease. Estonia production peaked at $ in 2011; however, from 2012 to 2019, production stood at a somewhat lower figure.
The value of the sunglasses market in Estonia stood at $ in 2019, 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). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of % against the previous year. As a result, consumption attained the peak level of $. From 2017 to 2019, the growth of the market remained at a lower figure.