Report Update: May 1, 2024

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

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Spectacle Plastic Frame Price in Turkey - 2023

Spectacle Plastic Frame Price in Turkey (CIF) - 2023

In July 2023, the average spectacle plastic frame import price amounted to $19.7 per unit, rising by 107% against the previous month. Overall, import price indicated a moderate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, spectacle plastic frame import price decreased by -21.7% against April 2023 indices. Over the period under review, average import prices attained the maximum at $25.1 per unit in April 2023; however, from May 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 Germany ($25.6 per unit), while the price for China ($15.1 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 Italy (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Spectacle Plastic Frame Price in Turkey (FOB) - 2022

In 2022, the average spectacle plastic frame export price amounted to $5 per unit, picking up by 58% against the previous year. Overall, the export price, however, saw a noticeable decline. The export price peaked at $8 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($8.8 per unit), while the average price for exports to Germany ($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 Russia (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Plastic Frame Imports in Turkey

Spectacle plastic frame imports into Turkey expanded sharply to 1.1M units in 2022, surging by 14% against the year before. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 59%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, spectacle plastic frame imports expanded remarkably to $19M in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 88%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Spectacle Plastic Frame in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	5.4	4.7	7.8	8.8	17.7%
Italy	3.3	2.6	6.3	7.1	29.1%
Austria	0.4	0.4	0.7	0.8	26.0%
Brazil	0.2	0.1	0.4	0.4	26.0%
Spain	0.1	0.1	0.1	0.2	26.0%
Others	1.1	0.9	1.3	1.6	13.3%
Total	10.6	8.8	16.6	18.8	21.0%

Top Suppliers of Spectacle Plastic Frame to Turkey in 2022:

China (670.8K units)
Italy (307.2K units)
Spain (17.5K units)
Brazil (17.4K units)
Austria (16.4K units)

Spectacle Plastic Frame Exports in Turkey

In 2022, the amount of plastic frames and mountings for spectacles and goggles exported from Turkey dropped rapidly to 841K units, declining by -68.7% compared with the previous year's figure. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 154%. As a result, the exports reached the peak of 2.7M units, and then declined significantly in the following year.

In value terms, spectacle plastic frame exports reduced remarkably to $4.2M in 2022. In general, exports saw a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 125% against the previous year. As a result, the exports reached the peak of $8.5M, and then dropped dramatically in the following year.

Export of Spectacle Plastic Frame in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Israel	322	432	973	472	13.6%
Argentina	331	296	839	408	7.2%
Russia	432	362	694	337	-7.9%
Iraq	225	126	628	305	10.7%
Romania	252	226	591	287	4.4%
Tunisia	217	319	348	205	-1.9%
Saudi Arabia	324	66.0	353	171	-19.2%
Morocco	132	138	346	168	8.4%
Iran	87.9	41.6	316	153	20.3%
Algeria	202	83.4	125	99.4	-21.1%
Ukraine	63.1	113	201	97.6	15.6%
Egypt	117	95.6	165	85.4	-10.0%
Germany	41.0	40.2	17.3	25.3	-14.9%
Others	1,830	1,429	2,889	1,383	-8.9%
Total	4,575	3,769	8,484	4,196	-2.8%

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

Israel (107.7K units)
Iraq (102.7K units)
Argentina (85.4K units)
Algeria (67.4K units)
Romania (57.0K units)
Iran (53.0K units)
Tunisia (47.6K units)
Russia (38.1K units)
Saudi Arabia (25.7K units)
Morocco (25.3K units)
Ukraine (25.1K units)
Egypt (21.5K units)
Germany (20.8K units)

Source: IndexBox Market Intelligence Platform

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

Turkey

Data coverage:

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