Asia: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in Asia

The Asian spectacle non-plastic frame market stood at $X in 2023, remaining stable against the previous year. The total consumption indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market hit record highs at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Spectacle Non-Plastic Frame Production in Asia

In value terms, spectacle non-plastic frame production amounted to $X in 2023 estimated in export price. Overall, production, however, recorded a slight decline. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

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Spectacle Non-Plastic Frame Exports

Exports in Asia

In 2023, approx. X units of non-plastic frames and mountings for spectacles and goggles were exported in Asia; dropping by X% against the year before. In general, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by X%. The volume of export peaked at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, spectacle non-plastic frame exports dropped to $X in 2023. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then fell in the following year.

Exports by Country

Hong Kong SAR (X units) and China (X units) prevails in exports structure, together committing X% of total exports. It was distantly followed by South Korea (X units), making up a X% share of total exports. Japan (X units) and Bangladesh (X units) held a minor share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Bangladesh (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest spectacle non-plastic frame supplying countries in Asia were China ($X), Hong Kong SAR ($X) and Japan ($X), together comprising X% of total exports. South Korea and Bangladesh lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Bangladesh, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Asia amounted to $X per unit, dropping by X% against the previous year. Overall, the export price, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2022, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Spectacle Non-Plastic Frame Imports

Imports in Asia

After two years of growth, supplies from abroad of non-plastic frames and mountings for spectacles and goggles decreased by X% to X units in 2023. In general, imports, however, continue to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked at X units in 2022, and then contracted in the following year.

In value terms, spectacle non-plastic frame imports fell modestly to $X in 2023. Total imports indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then reduced slightly in the following year.

Imports by Country

India represented the main importing country with an import of about X units, which amounted to X% of total imports. Hong Kong SAR (X units) held the second position in the ranking, distantly followed by Japan (X units) and the Philippines (X units). All these countries together took near X% share of total imports. Thailand (X units), Pakistan (X units) and South Korea (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Philippines (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported non-plastic frames and mountings for spectacles and goggles in Asia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with an X% share of total imports. It was followed by India, with a X% share.

In Hong Kong SAR, spectacle non-plastic frame imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Japan (X% per year) and India (X% per year).

Import Prices by Country

In 2023, the import price in Asia amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2023, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform