Report Update: May 1, 2024

Venezuela - Non-Plastic Frames And Mountings For Spectacles And Goggles - Market Analysis, Forecast, Size, Trends And Insights

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Spectacle Non-Plastic Frame Price in Venezuela - 2022

Spectacle Non-Plastic Frame Price in Venezuela (CIF) - 2022

In 2022, the average spectacle non-plastic frame import price amounted to $35 per unit, stabilizing at the previous year. Overall, the import price showed a noticeable increase. The pace of growth appeared the most rapid in 2016 an increase of 150% against the previous year. As a result, import price attained the peak level of $78 per unit. From 2017 to 2022, the average import prices remained at a lower figure.

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 China ($67 per unit), while the price for Spain ($18 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.4%), while the prices for the other major suppliers experienced a decline.

Spectacle Non-Plastic Frame Price in Venezuela (FOB) - 2022

The average spectacle non-plastic frame export price stood at $25 per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spectacle non-plastic frame export price increased by +4.8% against 2018 indices. The pace of growth was the most pronounced in 2014 an increase of 48% against the previous year. The export price peaked at $29 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($26 per unit), while the average price for exports to Jamaica amounted to $25 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+4.5%), while the prices for the other major destinations experienced a decline.

Spectacle Non-Plastic Frame Imports in Venezuela

In 2022, the amount of non-plastic frames and mountings for spectacles and goggles imported into Venezuela surged to 22K units, jumping by 229% on the year before. Over the period under review, imports posted a modest increase. Over the period under review, imports attained the peak figure at 37K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, spectacle non-plastic frame imports skyrocketed to $777K in 2022. Overall, imports, however, recorded a deep contraction. Imports peaked at $1.3M in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Spectacle Non-Plastic Frame in Venezuela (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	16.0	24.2	61.5	252	150.7%
Italy	N/A	10.0	31.8	148	284.7%
China	42.7	36.7	85.2	148	51.3%
Spain	N/A	N/A	3.0	18.7	523.3%
Belgium	N/A	N/A	N/A	17.6	0%
Panama	957	1,236	N/A	N/A	29.2%
Others	20.6	12.8	52.4	192	110.4%
Total	1,036	1,320	234	777	-9.1%

Top Suppliers of Spectacle Non-Plastic Frame to Venezuela in 2022:

United States (10.9K units)
Italy (3.3K units)
China (2.2K units)
Spain (1.0K units)
Belgium (0.3K units)

Spectacle Non-Plastic Frame Exports in Venezuela

After three years of growth, shipments abroad of non-plastic frames and mountings for spectacles and goggles decreased by -8.7% to 105 units in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.9% 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 +40.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 27% against the previous year. Over the period under review, the exports hit record highs at 115 units in 2021, and then shrank in the following year.

In value terms, spectacle non-plastic frame exports declined to $2.7K in 2022. The total export value increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 22%. The exports peaked at $2.9K in 2021, and then dropped in the following year.

Export of Spectacle Non-Plastic Frame in Venezuela (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Jamaica	N/A	N/A	N/A	2.3	0%
Guatemala	N/A	N/A	2.9	0.3	-89.7%
Paraguay	1.1	2.4	N/A	N/A	118.2%
Panama	0.9	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	2.0	2.4	2.9	2.7	10.5%

Top Export Markets for Spectacle Non-Plastic Frame from Venezuela in 2022:

Jamaica (92.0 units)
Guatemala (12.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spectacle non-plastic frame market in Venezuela. 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 32504390 - Non-plastic frames and mountings for spectacles, goggles and the like

Country coverage:

Venezuela

Data coverage:

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