U.S. - Sunglasses - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSunglasses Price in the United States - 2023
Contents:
- Sunglasses Price in the United States (CIF) - 2023
- Sunglasses Price in the United States (FOB) - 2022
- Sunglasses Imports in the United States
- Sunglasses Exports in the United States
Sunglasses Price in the United States (CIF) - 2023
In August 2023, the average sunglasses import price amounted to $6.1 per unit, waning by -10.8% against the previous month. Over the period under review, the import price, however, saw notable growth. The pace of growth was the most pronounced in March 2023 when the average import price increased by 117% month-to-month. As a result, import price reached the peak level of $9.6 per unit. From April 2023 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Italy ($64.8 per unit), while the price for China ($2.3 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Sunglasses Price in the United States (FOB) - 2022
The average sunglasses export price stood at $16 per unit in 2022, picking up by 38% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The export price peaked at $17 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 France ($38 per unit), while the average price for exports to Chile ($5.9 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 France (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sunglasses Imports in the United States
In 2022, approx. 388M units of sunglasses were imported into the United States; increasing by 11% compared with 2021 figures. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, sunglasses imports rose markedly to $2.1B in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.3% 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 +68.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Sunglasses in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 870 | 685 | 1,100 | 1,197 | 11.2% |
| China | 649 | 426 | 597 | 652 | 0.2% |
| Taiwan (Chinese) | 38.5 | 33.5 | 57.0 | 56.0 | 13.3% |
| Others | 122 | 83.8 | 133 | 167 | 11.0% |
| Total | 1,679 | 1,228 | 1,887 | 2,072 | 7.3% |
Top Suppliers of Sunglasses to the United States in 2022:
- China (343.3M units)
- Italy (19.8M units)
- Taiwan (Chinese) (18.7M units)
Sunglasses Exports in the United States
Sunglasses exports from the United States dropped sharply to 26M units in 2022, falling by -21.4% against the previous year's figure. Over the period under review, exports saw a noticeable setback. The most prominent rate of growth was recorded in 2021 when exports increased by 56% against the previous year. As a result, the exports attained the peak of 33M units, and then declined markedly in the following year.
In value terms, sunglasses exports expanded rapidly to $413M in 2022. The total export value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 38% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Sunglasses in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 125 | 80.9 | 117 | 134 | 2.3% |
| Italy | 81.5 | 70.0 | 94.6 | 89.0 | 3.0% |
| Hong Kong SAR | 52.9 | 36.7 | 42.2 | 50.4 | -1.6% |
| Germany | 19.4 | 10.9 | 15.7 | 20.1 | 1.2% |
| Mexico | 13.1 | 6.7 | 11.9 | 15.3 | 5.3% |
| Netherlands | 8.1 | 7.4 | 9.0 | 12.4 | 15.3% |
| United Kingdom | 11.9 | 6.2 | 12.4 | 11.8 | -0.3% |
| Australia | 12.8 | 9.7 | 12.4 | 11.4 | -3.8% |
| Chile | 2.0 | 2.2 | 3.8 | 4.2 | 28.1% |
| Brazil | 5.6 | 6.1 | 4.2 | 3.2 | -17.0% |
| Others | 65.6 | 40.7 | 58.3 | 61.3 | -2.2% |
| Total | 398 | 277 | 382 | 413 | 1.2% |
Top Export Markets for Sunglasses from the United States in 2022:
- Canada (6.8M units)
- Italy (4.7M units)
- Mexico (2.5M units)
- Hong Kong SAR (1.9M units)
- United Kingdom (1.4M units)
- Germany (1.2M units)
- Australia (1.0M units)
- Chile (0.7M units)
- Brazil (0.5M units)
- Netherlands (0.5M units)
This report provides an in-depth analysis of the sunglasses market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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