Republic of Korea - 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 South Korea - 2022
Contents:
- Spectacle Plastic Frame Price in South Korea (FOB) - 2022
- Spectacle Plastic Frame Price in South Korea (CIF) - 2022
- Spectacle Plastic Frame Exports in South Korea
- Spectacle Plastic Frame Imports in South Korea
Spectacle Plastic Frame Price in South Korea (FOB) - 2022
In 2022, the average spectacle plastic frame export price amounted to $14 per unit, with an increase of 15% against the previous year. Overall, the export price, however, continues to indicate a pronounced downturn. The growth pace was the most rapid in 2013 an increase of 33% against the previous year. Over the period under review, the average export prices hit record highs at $34 per unit in 2014; however, from 2015 to 2022, the 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 Germany ($23 per unit), while the average price for exports to Malaysia ($8.6 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 (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.
Spectacle Plastic Frame Price in South Korea (CIF) - 2022
In 2022, the average spectacle plastic frame import price amounted to $29 per unit, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +4.1%. The growth pace was the most rapid in 2013 an increase of 28% against the previous year. Over the period under review, average import prices attained the maximum at $29 per unit in 2021, and then shrank in the following year.
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 Denmark ($214 per unit), while the price for China ($18 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Spectacle Plastic Frame Exports in South Korea
In 2022, approx. 3.1M units of plastic frames and mountings for spectacles and goggles were exported from South Korea; which is down by -21.5% against 2021 figures. Overall, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. The exports peaked at 4.4M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, spectacle plastic frame exports shrank to $44M in 2022. In general, exports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports reached the peak figure at $50M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Spectacle Plastic Frame in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 26.1 | 22.2 | 24.7 | 22.3 | -5.1% |
| China | 5.4 | 4.3 | 6.9 | 5.7 | 1.8% |
| Vietnam | 3.7 | 2.9 | 2.8 | 2.9 | -7.8% |
| Taiwan (Chinese) | 2.8 | 1.7 | 2.1 | 2.0 | -10.6% |
| Germany | 1.5 | 1.2 | 2.2 | 1.8 | 6.3% |
| United States | 1.5 | 1.3 | 2.1 | 1.7 | 4.3% |
| Hong Kong SAR | 2.3 | 1.1 | 1.8 | 1.6 | -11.4% |
| Malaysia | 1.7 | 1.0 | 1.3 | 1.2 | -11.0% |
| Thailand | 1.0 | 0.6 | 0.8 | 0.8 | -7.2% |
| Singapore | 0.7 | 0.5 | 0.6 | 0.6 | -5.0% |
| Others | 3.5 | 2.2 | 3.5 | 3.3 | -1.9% |
| Total | 50.2 | 39.0 | 48.8 | 43.9 | -4.4% |
Top Export Markets for Spectacle Plastic Frame from South Korea in 2022:
- Japan (1381.2K units)
- China (507.9K units)
- Vietnam (238.6K units)
- Taiwan (Chinese) (169.6K units)
- Malaysia (142.7K units)
- United States (99.5K units)
- Hong Kong SAR (95.7K units)
- Germany (79.4K units)
- Thailand (67.6K units)
- Singapore (52.9K units)
Spectacle Plastic Frame Imports in South Korea
Spectacle plastic frame imports into South Korea dropped rapidly to 386K units in 2022, with a decrease of -19.8% against 2021 figures. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Over the period under review, imports reached the peak figure at 554K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, spectacle plastic frame imports declined markedly to $11M in 2022. In general, imports showed a mild contraction. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. As a result, imports reached the peak of $14M, and then plummeted in the following year.
| Import of Spectacle Plastic Frame in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.6 | 3.9 | 7.5 | 5.7 | 0.6% |
| Japan | 1.8 | 1.8 | 2.9 | 2.2 | 6.9% |
| Italy | 1.6 | 0.7 | 1.2 | 1.0 | -14.5% |
| Denmark | 1.3 | 1.0 | 1.1 | 1.0 | -8.4% |
| Hong Kong SAR | 0.5 | 0.1 | N/A | 0.2 | -26.3% |
| Others | 1.1 | 0.8 | 1.3 | 1.2 | 2.9% |
| Total | 11.9 | 8.3 | 14.2 | 11.2 | -2.0% |
Top Suppliers of Spectacle Plastic Frame to South Korea in 2022:
- China (323.3K units)
- Japan (21.6K units)
- Italy (15.8K units)
- Denmark (4.5K units)
- Hong Kong SAR (1.9K units)
This report provides an in-depth analysis of the spectacle plastic frame market in Republic of Korea. 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:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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
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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 Republic of Korea.
277
This report provides an in-depth analysis of the spectacle frame market in Republic of Korea.
282
This report provides an in-depth analysis of the spectacle non-plastic frame market in Republic of Korea.
452
This report provides an in-depth analysis of the global spectacle plastic frame market.
728
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.
385
This report provides an in-depth analysis of the spectacle plastic frame market in Republic of Korea.
277
This report provides an in-depth analysis of the spectacle frame market in Republic of Korea.
282
This report provides an in-depth analysis of the spectacle non-plastic frame market in Republic of Korea.
452
This report provides an in-depth analysis of the global spectacle plastic frame market.
89
Explore the top 10 countries leading in the import market for spectacle plastic frames. Learn about key statistics and import values.
222
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.
825
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...
1214
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...
89
Explore the top 10 countries leading in the import market for spectacle plastic frames. Learn about key statistics and import values.
222
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.
825
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...
1214
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...
