ANFAO Eyewear Data First Half 2023

The first half year for the Italian eyewear industry overall confirms the trend analyzed by ANFAO for the first quarter. Taking advantage of the weak euro, exports continued to show double-digit growth in value, although more measured, during the first half of the year. Generally speaking, considering the overall economic outlook, however, a slowdown in exports is expected in the second half of 2023: growth in value at the end of the year is therefore estimated to be between 8 and 10%.

After coping with soaring costs in 2022, partially reduced for the time being, eyewear companies are now faced with rising interest rates posing a serious problem in terms of credit access.