Morocco - Spectacle Lenses Of Glass Or Other Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSpectacle Glass Lenses Price in Morocco - 2022
Contents:
- Spectacle Glass Lenses Price in Morocco (CIF) - 2022
- Spectacle Glass Lenses Price in Morocco (FOB) - 2022
- Spectacle Glass Lenses Imports in Morocco
- Spectacle Glass Lenses Exports in Morocco
Spectacle Glass Lenses Price in Morocco (CIF) - 2022
The average spectacle glass lenses import price stood at $7.0 per unit in December 2022, stabilizing at the previous month. Over the last twelve months, it increased at an average monthly rate of +5.1%. The most prominent rate of growth was recorded in January 2022 when the average import price increased by 82% month-to-month. The import price peaked at $7.1 per unit in July 2022; however, from August 2022 to December 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the countries with the highest prices were India ($7.4 per unit) and Taiwan (Chinese) ($7.4 per unit), while the price for China ($7.0 per unit) and Thailand ($7.0 per unit) were amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by China (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Spectacle Glass Lenses Price in Morocco (FOB) - 2022
In December 2022, the average spectacle glass lenses export price amounted to $9.3 per unit, stabilizing at the previous month. Overall, the export price saw a deep contraction. The pace of growth appeared the most rapid in March 2022 when the average export price increased by 2% against the previous month. Over the period under review, the average export prices attained the peak figure at $48.4 per unit in December 2021; however, from January 2022 to December 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Spain.
From December 2021 to December 2022, the rate of growth in terms of prices for Spain amounted to -12.8% per month.
Spectacle Glass Lenses Imports in Morocco
In 2022, the amount of spectacle lenses of glass or other materials imported into Morocco expanded notably to 2.6M units, picking up by 14% on 2021. The total import volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, spectacle glass lenses imports rose significantly to $18M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Spectacle Glass Lenses in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 6.3 | 9.6 | 11.6 | 18.3% |
| Thailand | 1.2 | 1.8 | 1.8 | 1.4 | 5.3% |
| Philippines | 1.7 | 1.2 | 1.0 | 1.1 | -13.5% |
| Italy | 0.8 | 0.6 | 0.7 | 0.6 | -9.1% |
| India | 0.6 | 0.5 | 0.6 | 0.6 | 0.0% |
| Germany | 0.4 | 0.4 | 0.6 | 0.5 | 7.7% |
| Vietnam | 0.1 | 0.2 | 0.3 | 0.4 | 58.7% |
| Hungary | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Spain | 1.4 | 1.1 | 0.9 | 0.4 | -34.1% |
| Taiwan (Chinese) | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Others | 1.5 | 1.6 | 1.1 | 0.8 | -18.9% |
| Total | 15.2 | 14.3 | 17.0 | 18.1 | 6.0% |
Top Suppliers of Spectacle Glass Lenses to Morocco in 2022:
- China (1648.0K units)
- Thailand (200.8K units)
- Philippines (153.6K units)
- Italy (86.0K units)
- India (78.5K units)
- Germany (71.1K units)
- Spain (61.5K units)
- Hungary (56.5K units)
- Vietnam (55.4K units)
- Taiwan (Chinese) (38.7K units)
Spectacle Glass Lenses Exports in Morocco
In 2022, the amount of spectacle lenses of glass or other materials exported from Morocco soared to 336K units, growing by 105% compared with 2021 figures. Overall, exports showed a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, spectacle glass lenses exports soared to $3.2M in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Spectacle Glass Lenses in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1.5 | 2.1 | 1.7 | 3.1 | 27.4% |
| Burkina Faso | 0.1 | N/A | N/A | N/A | 0% |
| Senegal | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 1.8 | 2.3 | 1.7 | 3.2 | 21.1% |
Top Export Markets for Spectacle Glass Lenses from Morocco in 2022:
- Spain (335.1K units)
This report provides an in-depth analysis of the spectacle glass lenses market in Morocco. 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 32504153 - Unmounted spectacle lenses other than for the correction of vision
- Prodcom 32504155 - Unmounted single focal spectacle lenses for the correction of vision, with both sides finished
- Prodcom 32504159 - Unmounted spectacle lenses for the correction of vision, with both sides finished other than single focal lenses
- Prodcom 32504170 - Unmounted spectacle lenses for the correction of vision, other than those with both sides finished
Country coverage:
- Morocco
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Morocco
- 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
-
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
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