China - Personal Spectacle Optics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPersonal Spectacle Optics Price in China - 2023
Contents:
- Personal Spectacle Optics Price in China (FOB) - 2022
- Personal Spectacle Optics Price in China (CIF) - 2022
- Personal Spectacle Optics Exports in China
- Personal Spectacle Optics Imports in China
Personal Spectacle Optics Price in China (FOB) - 2022
The average personal spectacle optics export price stood at $2.3 per unit in 2022, reducing by -58.7% against the previous year. In general, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 507%. The export price peaked at $13 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($3.4 per unit), while the average price for exports to Russia ($1.9 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 India (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Personal Spectacle Optics Price in China (CIF) - 2022
The average personal spectacle optics import price stood at $18 per unit in 2022, surging by 1.7% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, personal spectacle optics import price increased by +41.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 39%. Over the period under review, average import prices attained the peak figure at $23 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($34 per unit), while the price for Taiwan (Chinese) ($1.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Personal Spectacle Optics Exports in China
In 2022, the amount of personal spectacle optics exported from China skyrocketed to 1.7B units, jumping by 195% on the year before. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, personal spectacle optics exports surged to $4B in 2022. The total export value increased at an average annual rate of +10.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Personal Spectacle Optics in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 758 | 783 | 969 | 1,055 | 11.7% |
Hong Kong SAR | 426 | 300 | 382 | 401 | -2.0% |
Italy | 205 | 144 | 189 | 246 | 6.3% |
Australia | 105 | 126 | 120 | 159 | 14.8% |
India | 85.1 | 70.8 | 85.3 | 147 | 20.0% |
Japan | 121 | 106 | 99.4 | 138 | 4.5% |
United Kingdom | 99.1 | 284 | 113 | 125 | 8.0% |
Germany | 92.7 | 125 | 108 | 124 | 10.2% |
France | 86.7 | 83.0 | 98.3 | 106 | 6.9% |
Singapore | 18.0 | 18.9 | 19.2 | 93.1 | 72.9% |
Spain | 60.4 | 59.9 | 50.8 | 91.0 | 14.6% |
Netherlands | 68.5 | 57.1 | 69.9 | 84.4 | 7.2% |
Russia | 53.5 | 35.6 | 42.7 | 78.8 | 13.8% |
Others | 792 | 847 | 900 | 1,108 | 11.8% |
Total | 2,972 | 3,042 | 3,247 | 3,956 | 10.0% |
Top Export Markets for Personal Spectacle Optics from China in 2022:
- United States (509.2M units)
- Hong Kong SAR (117.9M units)
- Italy (78.6M units)
- Japan (67.3M units)
- Australia (63.7M units)
- United Kingdom (61.7M units)
- India (60.1M units)
- Germany (60.0M units)
- France (51.3M units)
- Spain (41.8M units)
- Netherlands (41.1M units)
- Russia (41.0M units)
- Singapore (34.8M units)
Personal Spectacle Optics Imports in China
In 2022, purchases abroad of personal spectacle optics decreased by -6.8% to 22M units, falling for the second year in a row after two years of growth. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 64%. As a result, imports attained the peak of 27M units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, personal spectacle optics imports reduced to $397M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports attained the peak of $419M, and then reduced in the following year.
Import of Personal Spectacle Optics in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 238 | 205 | 274 | 259 | 2.9% |
United States | 56.5 | 49.2 | 55.4 | 59.2 | 1.6% |
Japan | 28.6 | 38.8 | 52.4 | 42.7 | 14.3% |
Taiwan (Chinese) | 9.7 | 18.5 | 14.6 | 13.5 | 11.6% |
Germany | 3.3 | 6.9 | 5.3 | 3.7 | 3.9% |
Others | 11.3 | 23.8 | 17.6 | 19.2 | 19.3% |
Total | 347 | 342 | 419 | 397 | 4.6% |
Top Suppliers of Personal Spectacle Optics to China in 2022:
- Italy (9.0M units)
- Taiwan (Chinese) (7.2M units)
- United States (3.0M units)
- Japan (1.3M units)
- Germany (0.3M units)
This report provides an in-depth analysis of the personal spectacle optics market in China. 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 32504250 - Sunglasses
- Prodcom 32504290 - Spectacles, goggles and the like, corrective, protective or other (excluding sunglasses)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
This report provides an in-depth analysis of the personal spectacle optics market in China.
This report provides an in-depth analysis of the sunglasses market in China.
This report provides an in-depth analysis of the spectacles and goggles market in China.
This report provides an in-depth analysis of the global personal spectacle optics market.
This report provides an in-depth analysis of the global sunglasses market.
This report provides an in-depth analysis of the global spectacles and goggles market.
This report provides an in-depth analysis of the personal spectacle optics market in China.
This report provides an in-depth analysis of the sunglasses market in China.
This report provides an in-depth analysis of the spectacles and goggles market in China.
This report provides an in-depth analysis of the global personal spectacle optics market.
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In June 2023, the price of Sunglasses reached $3.2 per unit (FOB, China), experiencing a 12% surge compared to the previous month.
In January 2023, Spectacles And Goggles exports reached a record high of 27 million units. However, from February to September 2023, exports remained at a lower figure. Moreover, in September 2023, the value of spectacles and goggles exports slightly increased to $159 million.
Explore the top import markets for personal spectacle optics and their import values. Discover the key countries driving the industry based on the latest data from IndexBox market intelligence.