South Africa - Sunglasses - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSunglasses Price in South Africa - 2023
Contents:
- Sunglasses Price in South Africa (CIF) - 2023
- Sunglasses Price in South Africa (FOB) - 2023
- Sunglasses Imports in South Africa
- Sunglasses Exports in South Africa
Sunglasses Price in South Africa (CIF) - 2023
The average sunglasses import price stood at $1.7 per unit in July 2023, dropping by -15.9% against the previous month. Overall, the import price saw a mild reduction. The most prominent rate of growth was recorded in June 2023 an increase of 180% month-to-month. Over the period under review, average import prices hit record highs at $3.7 per unit in March 2023; however, from April 2023 to July 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From July 2022 to July 2023, the rate of growth in terms of prices for China amounted to -2.0% per month.
Sunglasses Price in South Africa (FOB) - 2023
In July 2023, the average sunglasses export price amounted to $5.1 per unit, with a decrease of -71.3% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 164% m-o-m. As a result, the export price reached the peak level of $17.6 per unit, and then dropped sharply in the following month.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Mauritius ($17.9 per unit), while the average price for exports to Angola ($1.1 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Sunglasses Imports in South Africa
In 2022, the amount of sunglasses imported into South Africa reached 16M units, growing by 13% compared with 2021 figures. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +7.4% 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 +98.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 76%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, sunglasses imports expanded significantly to $37M in 2022. Over the period under review, total imports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +2.3% 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 +74.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 60% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Sunglasses in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.6 | 9.3 | 14.5 | 17.1 | 3.1% |
| Italy | 13.2 | 8.4 | 14.2 | 15.3 | 5.0% |
| Others | 6.2 | 3.7 | 5.7 | 5.1 | -6.3% |
| Total | 35.0 | 21.4 | 34.4 | 37.5 | 2.3% |
Top Suppliers of Sunglasses to South Africa in 2022:
- China (15.7M units)
- Italy (0.3M units)
Sunglasses Exports in South Africa
Sunglasses exports from South Africa skyrocketed to 723K units in 2022, growing by 27% against 2021 figures. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.5% 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 +82.5% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 44%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, sunglasses exports shrank to $4.3M in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, the exports reached the peak of $4.7M, and then declined in the following year.
| Export of Sunglasses in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 888 | 581 | 958 | 964 | 2.8% |
| Botswana | 944 | 677 | 925 | 705 | -9.3% |
| Mauritius | 663 | 207 | 498 | 563 | -5.3% |
| Mozambique | 117 | 72.0 | 140 | 197 | 19.0% |
| Lesotho | 112 | 154 | 187 | 174 | 15.8% |
| Swaziland | 169 | 99.8 | 168 | 170 | 0.2% |
| Zambia | 99.1 | 48.5 | 80.3 | 165 | 18.5% |
| United States | 124 | 407 | 176 | 148 | 6.1% |
| Angola | 27.2 | 19.4 | 19.0 | 61.0 | 30.9% |
| Others | 1,189 | 890 | 1,504 | 1,141 | -1.4% |
| Total | 4,332 | 3,155 | 4,656 | 4,288 | -0.3% |
Top Export Markets for Sunglasses from South Africa in 2022:
- Namibia (238.0K units)
- Botswana (149.1K units)
- Zambia (87.0K units)
- Lesotho (47.3K units)
- Mozambique (41.0K units)
- Swaziland (29.9K units)
- United States (20.0K units)
- Mauritius (16.7K units)
- Angola (10.9K units)
This report provides an in-depth analysis of the sunglasses market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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 sunglasses market in South Africa.
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This report provides an in-depth analysis of the personal spectacle optics market in South Africa.
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The price of sunglasses in South Africa increased significantly from the previous month, reaching $2.1 per unit (CIF) in June 2023.
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Imports of Spectacles And Goggles decreased to $1.4M in July 2023.
277
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.
