China - Sunglasses - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSunglasses Price in China - 2023
Contents:
- Sunglasses Price in China (FOB) - 2023
- Sunglasses Price in China (CIF) - 2023
- Sunglasses Exports in China
- Sunglasses Imports in China
Sunglasses Price in China (FOB) - 2023
The average sunglasses export price stood at $23.4 per unit in June 2023, increasing by 12% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 50% against the previous month. As a result, the export price attained the peak level of $27.6 per unit. From March 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($90.1 per unit), while the average price for exports to Pakistan ($2.9 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Sunglasses Price in China (CIF) - 2023
The average sunglasses import price stood at $210 per unit in June 2023, which is down by -4.8% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 38% month-to-month. As a result, import price reached the peak level of $249 per unit. From March 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($531 per unit), while the price for the United States ($187 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Sunglasses Exports in China
Sunglasses exports from China surged to 714M units in 2022, rising by 391% on the previous year. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sunglasses exports surged to $2.1B in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.6% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 47% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Sunglasses in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 371 | 315 | 483 | 523 | 12.1% |
| Italy | 146 | 91.8 | 126 | 175 | 6.2% |
| Hong Kong SAR | 170 | 107 | 155 | 169 | -0.2% |
| Australia | 82.3 | 73.9 | 88.6 | 125 | 14.9% |
| India | 48.8 | 27.4 | 60.3 | 110 | 31.1% |
| Singapore | 11.4 | 4.7 | 13.3 | 81.6 | 92.7% |
| Japan | 69.4 | 48.6 | 47.2 | 66.5 | -1.4% |
| Germany | 48.4 | 41.1 | 55.4 | 60.4 | 7.7% |
| United Kingdom | 45.4 | 32.4 | 64.1 | 56.8 | 7.8% |
| Spain | 35.8 | 30.5 | 32.6 | 52.7 | 13.8% |
| France | 37.2 | 30.3 | 51.4 | 51.6 | 11.5% |
| South Korea | 50.4 | 37.0 | 44.0 | 44.0 | -4.4% |
| Netherlands | 32.4 | 26.8 | 37.6 | 40.8 | 8.0% |
| Others | 387 | 294 | 442 | 551 | 12.5% |
| Total | 1,536 | 1,160 | 1,700 | 2,108 | 11.1% |
Top Export Markets for Sunglasses from China in 2022:
- United States (177.3M units)
- Italy (59.3M units)
- Hong Kong SAR (57.2M units)
- Australia (42.3M units)
- India (37.3M units)
- Singapore (27.7M units)
- Japan (22.6M units)
- Germany (20.5M units)
- United Kingdom (19.3M units)
- Spain (17.9M units)
- France (17.5M units)
- South Korea (14.9M units)
- Netherlands (13.8M units)
Sunglasses Imports in China
In 2022, imports of sunglasses into China expanded rapidly to 13M units, increasing by 13% against the previous year's figure. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, sunglasses imports fell modestly to $360M in 2022. The total import value increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. As a result, imports reached the peak of $376M, and then contracted slightly in the following year.
| Import of Sunglasses in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 236 | 202 | 269 | 254 | 2.5% |
| United States | 53.2 | 40.9 | 50.3 | 51.7 | -0.9% |
| Japan | 21.7 | 27.8 | 40.1 | 34.3 | 16.5% |
| Taiwan (Chinese) | 2.7 | 2.5 | 3.4 | 4.2 | 15.9% |
| Others | 9.2 | 7.7 | 14.0 | 15.6 | 19.2% |
| Total | 323 | 281 | 376 | 360 | 3.7% |
Top Suppliers of Sunglasses to China in 2022:
- Italy (8.7M units)
- Taiwan (Chinese) (1.5M units)
- United States (1.4M units)
- Japan (0.3M units)
This report provides an in-depth analysis of the sunglasses market in China. 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 32504250 - Sunglasses
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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 sunglasses market in China.
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In June 2023, the price of Sunglasses reached $3.2 per unit (FOB, China), experiencing a 12% surge compared to the previous month.
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186
In June 2023, the price of Sunglasses reached $3.2 per unit (FOB, China), experiencing a 12% surge compared to the previous month.
189
In January 2023, Spectacles And Goggles exports reached a record high of 27 million units. However, from February to September 2023, exports remained at a lower figure. Moreover, in September 2023, the value of spectacles and goggles exports slightly increased to $159 million.
272
Explore the top import markets for sunglasses worldwide, including key statistics and insights. Discover the leading countries and their import values for sunglasses in 2022.
