News
ANFAO Releases First Quarter Data
News
ANFAO Releases First Quarter Data

ANFAO Releases First Quarter Data

January 01, 2022
ANFAO brochure cover

Data for the first quarter of 2022 were presented at the 2022 ANFAO (Italian Optical Goods Manufacturers’ Association) meeting, a key opportunity to take stock of the eyewear industry in the broader economic context. In addition to ANFAO President Giovanni Vitaloni, speaking on behalf of the public were Massimo Beccarello, Associate Professor of Industrial Economics at the University of Milano-Bicocca, also a senior advisor to Confindustria for the Energy Transition, and Nicola Moro of Studio Fieschi, who shared perspectives on the new sustainability certification project and on the impacts of the current energy crisis in Europe and its effects on the eyewear industry.

Italy’s eyewear industry enjoyed a positive first quarter of 2022, especially regarding exports: ANFAO data for January-March indicate a 32.3% surge in growth compared to the same period in 2019 and a 35.3% increase over 2021.

Expectations for the coming months are for continued growth in terms of exports, manufacturing, the domestic market, and employment in the industry.

The sector closed out 2021 on the “plus” side, lifting it up to pre-Covid levels. Thanks to its robust international affinity, eyewear was among the sectors that managed to respond well to the pandemic last year. In 2021, Italian eyewear production reached 4.17 billion euros, up 35% from 2020, while exports grew by 39.9% over the previous year, to just over 4 billion euros.

ANFAO export markets

Currency: USD
USD - US Dollar
EUR - Euro
GBP - British Pound
CAD - Canada Dollars
AUD - Australia Dollars
JPY - Japan Yen
SEK - Sweden Kronor
NOK - Norway Kroner
IDR - Indonesia Rupiahs
BRL - Brazil Reais
RUB - Russia Rubles
THB - Thailand Baht
AED - Arab Emir. Dirham
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