Spectacle frames and mountings market in Romania

Earlier Report Observations

Between 2018 and 2022, the Romanian market for spectacle frames and mountings experienced significant fluctuations. Imports, a key component of market supply, rose from 13 404 thousand USD in 2018 to 13 616 thousand USD in 2019, then dropped to 11 936 thousand USD in 2020 before surging to 18 338 thousand USD in 2021 and 20 180 thousand USD in 2022. Exports varied considerably, peaking at 3 124 thousand USD in 2022 after a period of lower volumes. The available market size data shows the value climbing from 11 984 thousand USD in 2020 to 18 601 thousand USD in 2021, then moderating to 17 903 thousand USD in 2022. Domestic production also increased steadily from 780 thousand USD in 2020 to 846 thousand USD in 2022.

In 2023, imports declined to 17 521 thousand USD while exports fell sharply to 552 thousand USD. Market dynamics during this period were influenced by evolving consumer preferences, with trends favoring retro styles, oversized frames, and geometric shapes, alongside a growing emphasis on innovative materials like titanium and sustainability. The retail landscape continued to shift towards online platforms. By 2024, imports recovered to 20 492 thousand USD. This rebound coincided with new national regulations, specifically Emergency Ordinance no. 53/2024, which established a 500 lei reimbursement cap for special correction devices for public sector employees, potentially stimulating demand. Consumer trends further diversified with vibrant colors, lightweight materials, and the adoption of smart technologies featuring health monitoring, reflecting the market's adaptation to post-pandemic remote work needs and the positioning of frames as fashion accessories.

Production spectacle frames and mountings in Romania

In value, 2017-2020, K $ US

In 2020, Romania's output of spectacle frames and mountings was valued at 780 K $ US, showing minimal change compared to 2019. Over the period from 2017 to 2020, production decreased by 73.6%, with a compound annual growth rate (CAGR) of -35.8%.

Annual dynamics of production in Romania in value, 2017-2020, K $ US

In kind, 2017-2020, K unit

In 2020, Romania produced 52.4 K units of spectacle frames and mountings, reflecting a sharp decrease of 39.7% compared to the previous year. Between 2017 and 2020, production fell by 93.6%, equating to an annualized decline rate of 60.0%.

Annual dynamics of production in Romania in kind, 2017-2020, K unit

Exports spectacle frames and mountings from Romania

Exports in kind, K unit

Romania's exports of spectacle frames and mountings declined for the third consecutive year. In 2020, the country exported 35 K units, which is 70.4% less than in 2019. Over the period from 2017 to 2020, exports decreased by 90.7%, with a compound annual growth rate (CAGR) of -54.7%.

Annual dynamics of product's exports from Romania in kind, 2017-2020, K unit

From 2017 to 2020, Italy remained the primary market for Romania's exports in kind, accounting for 81.8% of total flows. The remaining volume was distributed across numerous other destinations.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Romania in kind, 2017-2020

Exports in value, K $ US

Romania's exports of spectacle frames and mountings in value terms declined for the third consecutive year. In 2020, exports amounted to 732 K $ US, marking a significant loss of 23.3% compared to 2019. Over the period from 2017 to 2020, exports decreased by 72.9%, with a compound annual growth rate (CAGR) of -35.3%.

Annual dynamics of product's exports from Romania in value, 2017-2020, K $ US

Throughout 2017 to 2020, Italy dominated the partner structure for exports in value terms, holding a share of 76.0% of total flows. Other markets had comparatively modest shares.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Romania in value, 2017-2020

Imports spectacle frames and mountings to Romania

Imports in kind, K unit

Romania's imports of spectacle frames and mountings in kind declined for the second consecutive year. In 2020, imports amounted to 1 342 K units, which is 28.9% lower than in 2019. Between 2017 and 2020, imports decreased by 22.6%, equating to an annualized decline rate of 8.2%. The highest import volume was recorded in 2018 at 2 031 K units, with the largest increase of 17.2% also occurring in that year.

Annual dynamics of product's imports to Romania in kind, 2017-2020, K unit

From 2017 to 2020, China, Italy, and Poland were the main sources for Romania's imports in kind, accounting for 67.7%, 10.6%, and 4.4% of imports, respectively. Together, these three countries represented 82.7% of total imports in kind.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Romania in kind, 2017-2020

Imports in value, K $ US

After a two-year rise, Romania's imports of spectacle frames and mountings in value terms declined. In 2020, import volume amounted to 11 936 K $ US, corresponding to a year-over-year decline of 12.3%. Between 2017 and 2020, imports increased by 13.8%, equating to an annualized growth rate of 4.4%. The maximum value was recorded in 2019 at 13 616 K $ US, with the largest increase of 27.8% occurring in 2018.

Annual dynamics of product's imports to Romania in value, 2017-2020, K $ US

In 2017 to 2020, Italy, China, and Poland were the leading markets for Romania's imports in value terms, with shares of 32.2%, 29.6%, and 7.9%, respectively. Together, these three countries accounted for 69.6% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Romania in value, 2017-2020