Report Update: Apr 12, 2024

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

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Spectacle Plastic Frame Price in Australia - 2023

Spectacle Plastic Frame Price in Australia (CIF) - 2023

The average spectacle plastic frame import price stood at $16.8 per unit in July 2023, rising by 21% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 25% against the previous month. The import price peaked at $23.1 per unit in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($52.7 per unit), while the price for Germany ($5.4 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.8%), while the prices for the other major suppliers experienced a decline.

Spectacle Plastic Frame Price in Australia (FOB) - 2022

The average spectacle plastic frame export price stood at $6.5 per unit in 2022, which is down by -29% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The growth pace was the most rapid in 2013 an increase of 35% against the previous year. As a result, the export price reached the peak level of $27 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($13 per unit), while the average price for exports to the Philippines ($3.7 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 the Philippines (-1.9%), while the prices for the other major destinations experienced a decline.

Spectacle Plastic Frame Imports in Australia

In 2022, the amount of plastic frames and mountings for spectacles and goggles imported into Australia totaled 2.3M units, with an increase of 3.4% on the previous year's figure. Over the period under review, imports, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year. Imports peaked at 2.6M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, spectacle plastic frame imports dropped modestly to $34M in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 13%. As a result, imports attained the peak of $35M, and then fell modestly in the following year.

Import of Spectacle Plastic Frame in Australia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	19.7	17.5	17.9	17.1	-4.6%
Italy	7.0	6.1	8.1	7.6	2.8%
Denmark	1.8	2.3	2.4	2.3	8.5%
Hong Kong SAR	0.9	1.1	0.7	0.8	-3.9%
United States	0.2	0.2	0.4	0.4	26.0%
Germany	0.5	0.5	0.4	0.4	-7.2%
Vietnam	0.1	0.1	0.4	0.3	44.2%
Taiwan (Chinese)	0.2	0.1	0.1	0.1	-20.6%
Others	3.7	3.4	5.0	4.8	9.1%
Total	34.1	31.3	35.4	33.9	-0.2%

Top Suppliers of Spectacle Plastic Frame to Australia in 2022:

China (1642.4K units)
Italy (180.1K units)
Germany (81.5K units)
Hong Kong SAR (65.2K units)
Taiwan (Chinese) (51.9K units)
Vietnam (50.6K units)
Denmark (46.7K units)
United States (35.3K units)

Spectacle Plastic Frame Exports in Australia

Spectacle plastic frame exports from Australia skyrocketed to 382K units in 2022, rising by 29% compared with the previous year. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 32% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, spectacle plastic frame exports declined to $2.5M in 2022. The total export value increased at an average annual rate of +3.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of $2.7M, and then contracted in the following year.

Export of Spectacle Plastic Frame in Australia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	1,269	1,326	1,360	1,222	-1.3%
New Zealand	319	563	566	509	16.9%
Philippines	40.4	352	564	507	132.4%
Hong Kong SAR	448	14.4	95.0	164	-28.5%
Others	196	203	135	98.4	-20.5%
Total	2,272	2,458	2,721	2,500	3.2%

Top Export Markets for Spectacle Plastic Frame from Australia in 2022:

Thailand (184.4K units)
Philippines (135.4K units)
New Zealand (47.3K units)
Hong Kong SAR (12.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spectacle plastic frame market in Australia. 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

Country coverage:

Australia

Data coverage:

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