Report Update: Apr 12, 2024

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

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Spectacle Frame Price in Indonesia - 2022

Spectacle Frame Price in Indonesia (CIF) - 2022

In March 2022, the average spectacle frame import price amounted to $22.3 per unit, standing approximately at the previous month. Overall, the import price, however, posted a buoyant expansion. The pace of growth appeared the most rapid in February 2022 when the average import price increased by 461% month-to-month. As a result, import price attained the peak level of $22.4 per unit, leveling off in the following month.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the countries with the highest prices were Germany ($24.8 per unit) and France ($24.8 per unit), while the price for Hong Kong SAR ($20.4 per unit) and Italy ($21.5 per unit) were amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by France (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Spectacle Frame Price in Indonesia (FOB) - 2022

The average spectacle frame export price stood at $25 per unit in 2022, reducing by -39.6% against the previous year. Overall, the export price saw a perceptible curtailment. The pace of growth was the most pronounced in 2015 an increase of 16%. The export price peaked at $46 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($30 per unit), while the average price for exports to Hong Kong SAR stood at $25 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Frame Imports in Indonesia

In 2022, the amount of frames and mountings for spectacles, goggles or the like imported into Indonesia skyrocketed to 2.1M units, jumping by 155% compared with 2021 figures. Overall, imports recorded a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectacle frame imports skyrocketed to $38M in 2022. Over the period under review, imports continue to indicate a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Spectacle Frame in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	21.5	12.2	13.0	26.1	6.7%
Italy	4.8	2.2	2.5	5.3	3.4%
Hong Kong SAR	1.7	1.0	0.6	1.8	1.9%
Japan	1.1	0.7	0.9	1.7	15.6%
South Korea	1.1	0.2	0.5	0.9	-6.5%
Singapore	0.5	0.4	0.3	0.6	6.3%
France	0.5	0.3	0.2	0.6	6.3%
Others	0.9	0.7	0.4	1.2	10.1%
Total	32.0	17.6	18.4	38.1	6.0%

Top Suppliers of Spectacle Frame to Indonesia in 2022:

China (1456.6K units)
Italy (288.3K units)
Japan (98.2K units)
Hong Kong SAR (95.2K units)
South Korea (48.0K units)
Singapore (32.9K units)
France (32.8K units)

Spectacle Frame Exports in Indonesia

In 2022, shipments abroad of frames and mountings for spectacles, goggles or the like decreased by -61.2% to 6.7K units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 117% against the previous year. As a result, the exports attained the peak of 32K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, spectacle frame exports dropped dramatically to $168K in 2022. Overall, exports faced a sharp descent. The pace of growth appeared the most rapid in 2020 when exports increased by 120% against the previous year. As a result, the exports reached the peak of $1.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Spectacle Frame in Indonesia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hong Kong SAR	370	1,175	656	140	-27.7%
Singapore	1.3	6.0	47.0	27.3	175.9%
Myanmar	167	N/A	N/A	N/A	0%
Others	0.6	2.6	14.7	0.9	14.5%
Total	539	1,184	718	168	-32.2%

Top Export Markets for Spectacle Frame from Indonesia in 2022:

Hong Kong SAR (5.7K units)
Singapore (0.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spectacle frame market in Indonesia. 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:

Indonesia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Indonesia
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