Report Update: Apr 12, 2024

Belarus - Frames And Mountings For Spectacles, Goggles Or The Like - Market Analysis, Forecast, Size, Trends and Insights

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Spectacle Frame Price in Belarus - 2022

Spectacle Frame Price in Belarus (CIF) - 2022

In March 2022, the average spectacle frame import price amounted to $8.0 per unit, declining by -23.5% against the previous month. Overall, the import price showed a pronounced decrease. The growth pace was the most rapid in August 2021 when the average import price increased by 51% m-o-m. Over the period under review, average import prices reached the peak figure at $24.7 per unit in May 2021; however, from June 2021 to March 2022, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Russia ($10.5 per unit), while the price for China amounted to $6.1 per unit.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+2.3%).

Spectacle Frame Price in Belarus (FOB) - 2022

The average spectacle frame export price stood at $2.4 per unit in 2022, shrinking by -4.8% against the previous year. Overall, the export price showed a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 115%. The export price peaked at $7.9 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($3.1 per unit), while the average price for exports to Russia amounted to $2.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (-0.4%), while the prices for the other major destinations experienced a decline.

Spectacle Frame Imports in Belarus

In 2022, supplies from abroad of frames and mountings for spectacles, goggles or the like decreased by -47.4% to 399K units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 1.7% against the previous year. As a result, imports attained the peak of 850K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, spectacle frame imports dropped sharply to $6.1M in 2022. In general, imports faced a deep slump. The smallest decline of -0.9% was in 2020. Over the period under review, imports hit record highs at $9.9M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Spectacle Frame in Belarus (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	4.3	4.3	3.6	2.7	-14.4%
China	3.9	3.6	3.6	2.4	-14.9%
Italy	0.6	0.5	0.3	0.3	-20.6%
Others	1.1	1.5	0.9	0.7	-14.0%
Total	9.9	9.8	8.3	6.1	-14.9%

Top Suppliers of Spectacle Frame to Belarus in 2022:

China (228.7K units)
Russia (147.3K units)
Italy (6.7K units)

Spectacle Frame Exports in Belarus

In 2022, the amount of frames and mountings for spectacles, goggles or the like exported from Belarus soared to 104K units, jumping by 17% on the previous year's figure. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 37%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, spectacle frame exports stood at $254K in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 26%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Export of Spectacle Frame in Belarus (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	206	118	192	206	0.0%
Latvia	35.9	59.6	33.4	47.6	9.9%
Others	N/A	2.8	1.7	N/A	-39.3%
Total	242	180	227	254	1.6%

Top Export Markets for Spectacle Frame from Belarus in 2022:

Russia (88.6K units)
Latvia (15.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spectacle frame market in Belarus. 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 32504350 - Plastic frames and mountings for spectacles, goggles or the like
Prodcom 32504390 - Non-plastic frames and mountings for spectacles, goggles and the like

Country coverage:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023