Report Update: Apr 12, 2024

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

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Spectacle Plastic Frame Price in Malaysia - 2021

Spectacle Plastic Frame Price in Malaysia (CIF) - 2021

The average spectacle plastic frame import price stood at $20.9 per unit in December 2021, remaining relatively unchanged against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2021 when the average import price increased by 7.3% against the previous month. The import price peaked at $21.0 per unit in February 2021; however, from March 2021 to December 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the countries with the highest prices were Denmark ($21.2 per unit) and China ($21.0 per unit), while the price for Japan ($20.8 per unit) and the United States ($20.8 per unit) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Denmark (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Spectacle Plastic Frame Price in Malaysia (FOB) - 2022

The average spectacle plastic frame export price stood at $21 per unit in 2022, surging by 5.8% against the previous year. In general, the export price posted a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 132%. As a result, the export price reached the peak level of $26 per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($106 per unit), while the average price for exports to Colombia ($1.2 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 United States (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Plastic Frame Imports in Malaysia

In 2022, spectacle plastic frame imports into Malaysia shrank to 388K units, with a decrease of -7.4% compared with the previous year. In general, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. Over the period under review, imports attained the peak figure at 1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, spectacle plastic frame imports rose slightly to $3.3M in 2022. Overall, imports faced a significant decline. Imports peaked at $7.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Spectacle Plastic Frame in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	3,805	1,113	868	1,384	-28.6%
Hong Kong SAR	700	788	568	511	-10.0%
Italy	975	389	427	438	-23.4%
South Korea	892	456	279	393	-23.9%
Japan	443	143	92.3	162	-28.5%
Taiwan (Chinese)	45.6	5.7	8.0	14.1	-32.4%
Others	659	496	872	351	-18.9%
Total	7,519	3,390	3,114	3,252	-24.4%

Top Suppliers of Spectacle Plastic Frame to Malaysia in 2022:

China (243.5K units)
South Korea (84.3K units)
Hong Kong SAR (27.4K units)
Italy (7.4K units)
Taiwan (Chinese) (6.6K units)
Japan (3.5K units)

Spectacle Plastic Frame Exports in Malaysia

In 2022, the amount of plastic frames and mountings for spectacles and goggles exported from Malaysia reduced dramatically to 19K units, which is down by -23.4% compared with the year before. In general, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2021 when exports increased by 114%. Over the period under review, the exports hit record highs at 51K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, spectacle plastic frame exports fell notably to $410K in 2022. Overall, exports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 61%. Over the period under review, the exports attained the maximum at $585K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Spectacle Plastic Frame in Malaysia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	97.3	234	273	226	32.4%
Hong Kong SAR	79.5	9.8	18.4	21.0	-35.8%
Japan	38.2	11.6	38.0	19.3	-20.4%
Germany	49.0	11.6	7.0	15.9	-31.3%
Singapore	59.7	6.0	12.0	14.4	-37.8%
Taiwan (Chinese)	8.0	1.7	10.4	12.9	17.3%
Thailand	11.7	3.1	0.6	11.8	0.3%
Italy	2.8	1.9	10.3	7.8	40.7%
Indonesia	26.8	2.9	8.4	7.2	-35.5%
France	41.0	2.5	10.8	7.2	-44.0%
Brazil	11.0	2.5	10.6	7.0	-14.0%
Colombia	5.5	1.2	4.6	2.9	-19.2%
Panama	3.2	0.6	1.9	1.0	-32.1%
Others	151	24.1	99.7	55.5	-28.4%
Total	585	313	506	410	-11.2%

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

Hong Kong SAR (3.7K units)
Colombia (2.3K units)
United States (2.1K units)
Japan (1.8K units)
Thailand (1.2K units)
Germany (1.0K units)
Taiwan (Chinese) (0.9K units)
Italy (0.7K units)
Singapore (0.7K units)
Indonesia (0.7K units)
Brazil (0.6K units)
Panama (0.5K units)
France (0.5K units)

Source: IndexBox Market Intelligence Platform

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

Malaysia

Data coverage:

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