Nigeria - Plastic Frames And Mountings For Spectacles And Goggles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpectacle Plastic Frame Price in Nigeria - 2022
Contents:
- Spectacle Plastic Frame Price in Nigeria (CIF) - 2022
- Spectacle Plastic Frame Price in Nigeria (FOB) - 2022
- Spectacle Plastic Frame Imports in Nigeria
- Spectacle Plastic Frame Exports in Nigeria
Spectacle Plastic Frame Price in Nigeria (CIF) - 2022
In 2022, the average spectacle plastic frame import price amounted to $17 per unit, dropping by -18% against the previous year. Overall, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 an increase of 4.5%. The import price peaked at $42 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Poland ($20 per unit), while the price for India ($1.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-3.4%), while the prices for the other major suppliers experienced a decline.
Spectacle Plastic Frame Price in Nigeria (FOB) - 2022
In 2022, the average spectacle plastic frame export price amounted to $25 per unit, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +4.3%. The pace of growth was the most pronounced in 2013 when the average export price increased by 48% against the previous year. The export price peaked at $25 per unit in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($31 per unit), while the average price for exports to Cote d'Ivoire amounted to $17 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.
Spectacle Plastic Frame Imports in Nigeria
In 2022, purchases abroad of plastic frames and mountings for spectacles and goggles increased by 70% to 3.4K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a dramatic descent. Imports peaked at 11K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, spectacle plastic frame imports skyrocketed to $59K in 2022. Overall, imports, however, saw a dramatic decline. Imports peaked at $259K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Spectacle Plastic Frame in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 178 | 20.0 | 2.0 | 27.0 | -46.7% |
| Italy | 29.0 | 61.2 | 7.4 | 7.5 | -36.3% |
| Poland | 7.4 | 22.9 | 3.0 | 3.8 | -19.9% |
| United States | 8.1 | 6.2 | 1.8 | 3.5 | -24.4% |
| France | 2.1 | 1.5 | 1.2 | 2.4 | 4.6% |
| Czech Republic | 1.2 | 3.8 | 1.1 | 2.2 | 22.4% |
| Greece | 6.8 | 5.3 | 0.6 | 1.9 | -34.6% |
| India | 0.1 | N/A | 0.2 | 0.3 | 44.2% |
| Others | 25.5 | 18.1 | 25.3 | 10.3 | -26.1% |
| Total | 259 | 139 | 42.5 | 59.1 | -38.9% |
Top Suppliers of Spectacle Plastic Frame to Nigeria in 2022:
- China (1629.0 units)
- Italy (423.0 units)
- United States (197.0 units)
- Czech Republic (193.0 units)
- Poland (187.0 units)
- India (175.0 units)
- France (136.0 units)
- Greece (99.0 units)
Spectacle Plastic Frame Exports in Nigeria
In 2022, approx. 38 units of plastic frames and mountings for spectacles and goggles were exported from Nigeria; shrinking by -33.3% compared with 2021. In general, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 119% against the previous year. As a result, the exports attained the peak of 57 units, and then contracted markedly in the following year.
In value terms, spectacle plastic frame exports dropped significantly to $950 in 2022. Overall, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 208%. As a result, the exports reached the peak of $1.4K, and then declined significantly in the following year.
| Export of Spectacle Plastic Frame in Nigeria (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 539 | 329 | 559 | 676 | 7.8% |
| Cote d'Ivoire | 530 | 49.0 | 226 | 274 | -19.7% |
| Benin | 84.0 | 88.0 | N/A | N/A | 4.8% |
| Kenya | N/A | N/A | 648 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,153 | 466 | 1,433 | 950 | -6.3% |
Top Export Markets for Spectacle Plastic Frame from Nigeria in 2022:
- Ghana (22.0 units)
- Cote d'Ivoire (16.0 units)
This report provides an in-depth analysis of the spectacle plastic frame market in Nigeria. 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:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- 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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This report provides an in-depth analysis of the spectacle plastic frame market in Nigeria.
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This report provides an in-depth analysis of the spectacle frame market in Nigeria.
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This report provides an in-depth analysis of the spectacle non-plastic frame market in Nigeria.
448
This report provides an in-depth analysis of the global spectacle plastic frame market.
725
This report provides an in-depth analysis of the global spectacle frame market.
506
This report provides an in-depth analysis of the global spectacle non-plastic frame market.
306
This report provides an in-depth analysis of the spectacle plastic frame market in Nigeria.
444
This report provides an in-depth analysis of the spectacle frame market in Nigeria.
333
This report provides an in-depth analysis of the spectacle non-plastic frame market in Nigeria.
448
This report provides an in-depth analysis of the global spectacle plastic frame market.
87
Explore the top 10 countries leading in the import market for spectacle plastic frames. Learn about key statistics and import values.
219
Discover the top import markets for spectacle frames worldwide, including the United States, Hong Kong SAR, Italy, France, Germany, Japan, Netherlands, Canada, China, and the United Kingdom. Explore key statistics and valuable insights from the IndexBox market intelligence platform.
824
In 2016, the amount of spectacle frame imported worldwide amounted to X tons, reducing by -X% against the previous year figure. In general, spectacle frame imports continue to indicate a drastic...
1212
In 2016, the amount of spectacle frame imported worldwide amounted to X tons, reducing by -X% against the previous year figure. In general, spectacle frame imports continue to indicate a drastic...
87
Explore the top 10 countries leading in the import market for spectacle plastic frames. Learn about key statistics and import values.
219
Discover the top import markets for spectacle frames worldwide, including the United States, Hong Kong SAR, Italy, France, Germany, Japan, Netherlands, Canada, China, and the United Kingdom. Explore key statistics and valuable insights from the IndexBox market intelligence platform.
824
In 2016, the amount of spectacle frame imported worldwide amounted to X tons, reducing by -X% against the previous year figure. In general, spectacle frame imports continue to indicate a drastic...
1212
In 2016, the amount of spectacle frame imported worldwide amounted to X tons, reducing by -X% against the previous year figure. In general, spectacle frame imports continue to indicate a drastic...
