Indonesia - Spectacles And Goggles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 3, 2024

Indonesia - Spectacles And Goggles - Market Analysis, Forecast, Size, Trends And Insights

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Spectacles and Goggles Price in Indonesia - 2022

Contents:

  1. Spectacles and Goggles Price in Indonesia (CIF) - 2022
  2. Spectacles and Goggles Price in Indonesia (FOB) - 2022
  3. Spectacles and Goggles Imports in Indonesia
  4. Spectacles and Goggles Exports in Indonesia

Spectacles and Goggles Price in Indonesia (CIF) - 2022

The average spectacles and goggles import price stood at $321 per thousand units in March 2022, increasing by 11% against the previous month. In general, the import price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in September 2021 when the average import price increased by 59% m-o-m. Over the period under review, average import prices hit record highs at $544 per thousand units in May 2021; however, from June 2021 to March 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Taiwan (Chinese) ($886 per thousand units), while the price for China stood at $276 per thousand units.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.9%).

Spectacles and Goggles Price in Indonesia (FOB) - 2022

The average spectacles and goggles export price stood at $13 per unit in 2022, growing by 19% against the previous year. Overall, the export price enjoyed significant growth. The growth pace was the most rapid in 2019 an increase of 111% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($28 per unit), while the average price for exports to South Korea ($0.9 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 Australia (+42.5%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacles and Goggles Imports in Indonesia

In 2022, supplies from abroad of spectacles and goggles was finally on the rise to reach 4.3M units after two years of decline. Over the period under review, imports, however, showed a precipitous decline. Over the period under review, imports hit record highs at 12M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, spectacles and goggles imports soared to $19M in 2022. Overall, imports, however, faced a drastic downturn. Over the period under review, imports hit record highs at $27M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Spectacles and Goggles in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24.116.611.514.1-16.4%
PolandN/AN/AN/A2.30%
Taiwan (Chinese)1.21.71.01.712.3%
Hong Kong SAR0.30.40.20.2-12.6%
Singapore0.20.40.40.1-20.6%
Malaysia0.10.10.10.10.0%
Others1.41.52.40.8-17.0%
Total27.320.915.619.3-10.9%

Top Suppliers of Spectacles and Goggles to Indonesia in 2022:

  1. China (2751.9K units)
  2. Taiwan (Chinese) (765.0K units)
  3. Poland (340.2K units)
  4. Singapore (105.7K units)
  5. Hong Kong SAR (93.9K units)
  6. Malaysia (92.5K units)

Spectacles and Goggles Exports in Indonesia

Spectacles and goggles exports from Indonesia surged to 17K units in 2022, growing by 20% against 2021. Over the period under review, exports, however, continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 41% against the previous year. As a result, the exports reached the peak of 25K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, spectacles and goggles exports skyrocketed to $211K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Spectacles and Goggles in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore22.046.661.716495.3%
Timor-Leste0.915.98.618.3172.9%
Australia0.2N/A5.116.9338.8%
China0.932.33.37.5102.7%
Maldives0.20.30.10.535.7%
Hong Kong SAR7.73.40.30.1-76.5%
France9.40.11.1N/A-65.8%
Others59.083.167.14.2-58.6%
Total10018214721128.3%

Top Export Markets for Spectacles and Goggles from Indonesia in 2022:

  1. France (undefinedK units)
  2. Singapore (13.1K units)
  3. Timor-Leste (1.0K units)
  4. China (0.9K units)
  5. Australia (0.6K units)
  6. Maldives (0.3K units)
  7. Hong Kong SAR (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spectacles and goggles market in Indonesia. 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 32504290 - Spectacles, goggles and the like, corrective, protective or other (excluding sunglasses)

Country coverage:

  • Indonesia

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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