South Africa - Contact Lenses - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingContact Lense Price in South Africa - 2023
Contents:
- Contact Lense Price in South Africa (CIF) - 2023
- Contact Lense Price in South Africa (FOB) - 2022
- Contact Lense Imports in South Africa
- Contact Lense Exports in South Africa
Contact Lense Price in South Africa (CIF) - 2023
The average contact lense import price stood at $1.2 per unit in July 2023, increasing by 18% against the previous month. Over the period under review, the import price recorded a notable expansion. The pace of growth was the most pronounced in November 2022 an increase of 310% month-to-month. As a result, import price attained the peak level of $6.2 per unit. From December 2022 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Malaysia ($4.1 per unit), while the price for Hungary ($192 per thousand units) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Contact Lense Price in South Africa (FOB) - 2022
In 2022, the average contact lense export price amounted to $5 per unit, picking up by 40% against the previous year. Overall, the export price, however, recorded a pronounced slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 61%. As a result, the export price reached the peak level of $14 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($31 per unit), while the average price for exports to Germany ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.
Contact Lense Imports in South Africa
In 2022, imports of contact lenses into South Africa skyrocketed to 4.9M units, with an increase of 29% compared with 2021. In general, imports, however, continue to indicate a noticeable reduction. Imports peaked at 5.4M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, contact lense imports expanded sharply to $11M in 2022. Overall, imports, however, recorded a mild slump. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Contact Lense in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.6 | 4.8 | 5.0 | 5.7 | 0.6% |
| United States | 3.3 | 1.8 | 2.1 | 2.7 | -6.5% |
| Ireland | 1.1 | 0.7 | 1.4 | 1.1 | 0.0% |
| Malaysia | 0.6 | 0.2 | 0.5 | 0.5 | -5.9% |
| Others | 1.4 | 1.0 | 1.6 | 1.5 | 2.3% |
| Total | 12.1 | 8.5 | 10.6 | 11.5 | -1.7% |
Top Suppliers of Contact Lense to South Africa in 2022:
- United Kingdom (3744.9K units)
- United States (742.8K units)
- Ireland (149.7K units)
- Malaysia (66.0K units)
Contact Lense Exports in South Africa
Contact lense exports from South Africa surged to 300K units in 2022, increasing by 25% against the previous year's figure. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, contact lense exports surged to $1.5M in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Contact Lense in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.6 | 12.5 | 0.2 | 507 | 845.4% |
| Namibia | 368 | 411 | 453 | 417 | 4.3% |
| France | N/A | N/A | N/A | 232 | 0% |
| Botswana | 70.9 | 143 | 182 | 76.4 | 2.5% |
| Swaziland | 54.2 | 24.1 | 22.3 | 68.6 | 8.2% |
| Lesotho | 25.0 | 66.6 | 93.1 | 60.8 | 34.5% |
| Germany | 0.4 | N/A | N/A | 29.6 | 319.8% |
| United Kingdom | 52.1 | 5.3 | 0.2 | N/A | -93.8% |
| Others | 110 | 173 | 110 | 111 | 0.3% |
| Total | 681 | 835 | 861 | 1,503 | 30.2% |
Top Export Markets for Contact Lense from South Africa in 2022:
- United Kingdom (undefinedK units)
- Namibia (204.2K units)
- Germany (20.6K units)
- Botswana (18.0K units)
- Netherlands (16.4K units)
- France (11.5K units)
- Swaziland (9.9K units)
- Lesotho (9.6K units)
This report provides an in-depth analysis of the contact lense market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32504130 - Contact lenses
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
971
This report provides an in-depth analysis of the contact lense market in South Africa.
388
This report provides an in-depth analysis of the spectacle glass lenses market in South Africa.
424
This report provides an in-depth analysis of the market for optical fiber and bundle in South Africa.
294
This report provides an in-depth analysis of the prisms and mirrors market in South Africa.
8279
This report provides an in-depth analysis of the global contact lense market.
819
This report provides an in-depth analysis of the global spectacle glass lenses market.
1691
This report provides an in-depth analysis of the global market for optical fiber and bundle.
523
This report provides an in-depth analysis of the global prisms and mirrors market.
971
This report provides an in-depth analysis of the contact lense market in South Africa.
388
This report provides an in-depth analysis of the spectacle glass lenses market in South Africa.
215
Spectacle Glass Lenses imports experienced a slight decline from January 2023 to September 2023, with a value of $1.5M in September 2023.
1178
In 2016, the global imports of contact lens totaled X tons, jumping by X% against the previous year figure. Overall, it indicated a strong expansion from 2007 to 2016: the total imports volume i...
3577
In 2016, the global imports of contact lens totaled X tons, jumping by X% against the previous year figure. Overall, it indicated a strong expansion from 2007 to 2016: the total imports volume i...
15753
Global contact lenses consumption showed steady growth, rising from X billion units in 2007 to X billion units in 2015.
1641
The global trade in contact lenses amounted to X million USD in 2015, showing a robust growth trend from 2007 to 2015, with the exception of barely perceptible declines in 2009 and 2015. Overall, there was an annual increase of +X% from 2007 to X
2011
A report published by the Association of Contact Lens Manufacturers (ACLM) states that the number of contact lens wearers in the UK and Ireland has increased by more than twofold over the last twelve years, reaching X million people in 2014.
143
Explore the top import markets for spectacle glass lenses, including the United States, France, Germany, China, and more. Get key statistics and insights on the global import demand for these essential eyewear components.
844
In value terms, microscopes, compound optical imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indic...
844
In value terms, microscopes imports amounted to $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of +X% over ...
855
In value terms, microscopes, compound optical exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend p...
