Which Country Exports the Most Spectacle Frames in the World?

Medical And Dental Instruments May 28, 2018
Author: Anna Sergeeva
Market Analyst

In 2016, the global spectacle frame exports totaled 34K tonnes, picking up by 7% against the previous year figure. Overall, spectacle frame exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when export increased by 14% from the previous year level. Over the period under review, global spectacle frame exports attained its maximum volume of 35K tonnes in 2008; however, from 2009 to 2016, it failed to regain its strength.

In value terms, spectacle frame exports stood at $5.8B in 2016. The total export value increased at an average annual rate of +3.5% over the period from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations over the period under review. Global spectacle frame export peaked in 2016, and are expected to retain its growth in the near future.

Top Spectacle Frame Exporting Countries in the World

1. China (1,261.0 million USD)

2. China, Hong Kong SAR (1,218.0 million USD)

3. Italy (1,181.2 million USD)

4. USA (248.4 million USD)

5. Austria (187.5 million USD)

6. France (186.2 million USD)

7. Netherlands (167.9 million USD)

8. Japan (134.2 million USD)

9. South Korea (124.4 million USD)

10. United Kingdom (124.2 million USD)

11. Spain (76.3 million USD)

12. Malaysia (5.7 million USD)

Spectacle Frame Exports By Country

In 2016, China (10K tonnes), distantly followed by South Korea (5.9K tonnes), Italy (4.5K tonnes), and Spain (3.7K tonnes) represented the main exporters of spectacle frame, together generating 72% of total exports. France (1.2K tonnes), the Netherlands (1K tonnes), the UK (905 tonnes), China, Hong Kong SAR (812 tonnes), the U.S. (781 tonnes), Malaysia (668 tonnes), Austria (608 tonnes), and Japan (519 tonnes) followed a long way behind this figure.

From 2007 to 2016, the most notable growth rate of spectacle frame exports, among the main exporting countries, was attained by South Korea (+28.8% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest spectacle frame markets worldwide were China ($1.3B), China, Hong Kong SAR ($1.2B) and Italy ($1.2B), with a combined 63% share of global exports.The U.S., Austria, France, the Netherlands, Japan, South Korea, the UK, Spain and Malaysia lagged somewhat behind, together comprising a further 22%.

The Netherlands (+15.3% per year) had the highest rates of growth with regard to the spectacle frame exports, in terms of the main exporting countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Spectacle Frame Export Prices By Country

In 2016, the average export price for spectacle frame amounted to $170 per kg, remaining relatively unchanged against the previous year level. Overall, it indicated a moderate growth from 2007 to 2016: the export price value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, spectacle frame export price decreased by -23.1% against its level of 2011. The most prominent rate of growth was recorded in 2011, an increase of 26% year-to-year. In that year, average spectacle frame export price reached its maximum level of $221 per kg. From 2012 to 2016, growth of average spectacle frame export price failed to regain its strength.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was China, Hong Kong SAR ($1.5K per kg), while Malaysia ($8,569 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of spectacle frame export prices was attained by China, Hong Kong SAR (+32.6% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global spectacle frame market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • spectacle frame market share
  • spectacle frame prices
  • spectacle frame industry
  • spectacle frame sales
  • spectacle frame import
  • spectacle frame export
  • spectacle frame market forecast
  • spectacle frame price forecast
  • key spectacle frame producers

All data provided in this article covers the following product: HS Code 9003 - Frames and mountings; for spectacles, goggles or the like, and parts.

Source: World: Frames And Mountings For Spectacles, Goggles Or The Like - Market Report. Analysis and Forecast to 2025