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Asia-Pacific - Spectacle Lenses Of Glass Or Other Materials - Market Analysis, Forecast, Size, Trends and Insights
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Asia-Pacific: Spectacle Glass Lenses Market Overview 2021

Spectacle Glass Lenses Market Size in Asia-Pacific

The Asia-Pacific spectacle glass lenses market surged to $X in 2020, growing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Spectacle Glass Lenses Production in Asia-Pacific

In value terms, spectacle glass lenses production totaled $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs in 2020 and is likely to continue growth in the near future.

Production By Country in Asia-Pacific

China (X units) remains the largest spectacle glass lenses producing country in Asia-Pacific, comprising approx. X% of total volume. Moreover, spectacle glass lenses production in China exceeded the figures recorded by the second-largest producer, Thailand (X units), eightfold. The Philippines (X units) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in China stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Thailand (-X% per year) and the Philippines (+X% per year).

Spectacle Glass Lenses Exports

Exports in Asia-Pacific

After three years of growth, shipments abroad of spectacle lenses of glass or other materials decreased by -X% to X units in 2020. Overall, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, exports reached the peak of X units, and then dropped notably in the following year.

In value terms, spectacle glass lenses exports reduced notably to $X in 2020. In general, exports, however, showed a strong expansion. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2019, and then shrank remarkably in the following year.

Exports by Country

In 2020, China (X units) represented the largest exporter of spectacle lenses of glass or other materials, generating X% of total exports. Thailand (X units) ranks second in terms of the total exports with a X% share, followed by the Philippines (X%). Hong Kong SAR (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the spectacle lenses of glass or other materials exports, with a CAGR of +X% from 2007 to 2020. At the same time, the Philippines (+X%) and Thailand (+X%) displayed positive paces of growth. By contrast, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) increased significantly in terms of the total exports from 2007-2020, the share of Hong Kong SAR (-X p.p.) and Thailand (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest spectacle glass lenses supplying countries in Asia-Pacific were China ($X), Thailand ($X) and the Philippines ($X), with a combined X% share of total exports.

In terms of the main exporting countries, China recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the spectacle glass lenses export price in Asia-Pacific amounted to $X per unit, reducing by -X% against the previous year. Overall, the export price saw a perceptible descent. The growth pace was the most rapid in 2009 an increase of X% year-to-year. As a result, export price reached the peak level of $X per unit. from 2010 to 2020, the growth in terms of the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Hong Kong SAR ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Spectacle Glass Lenses Imports

Imports in Asia-Pacific

After four years of growth, purchases abroad of spectacle lenses of glass or other materials decreased by -X% to X units in 2020. Total imports indicated measured growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019, and then fell in the following year.

In value terms, spectacle glass lenses imports dropped to $X in 2020. Over the period under review, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2019, and then dropped in the following year.

Imports by Country

India (X units) and Hong Kong SAR (X units) represented roughly X% of total imports of spectacle lenses of glass or other materials in 2020. It was distantly followed by Thailand (X units), China (X units) and Japan (X units), together committing a X% share of total imports. The following importers - South Korea (X units) and Australia (X units) - together made up X% of total imports.

From 2007 to 2020, the biggest increases were in India, while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Hong Kong SAR ($X) and Thailand ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of total imports.

China recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the spectacle glass lenses import price in Asia-Pacific amounted to $X per unit, increasing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. The level of import peaked in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per unit), while India ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for spectacle lenses of glass or other materials in Asia-Pacific?
+
The country with the largest volume of spectacle glass lenses consumption was China (577M units), accounting for 40% of total volume. Moreover, spectacle glass lenses consumption in China exceeded the figures recorded by the second-largest consumer, India (228M units), threefold. The third position in this ranking was occupied by Indonesia (100M units), with a 6.9% share.
What are the largest producers of spectacle lenses of glass or other materials in Asia-Pacific?
+
China (1.2B units) remains the largest spectacle glass lenses producing country in Asia-Pacific, accounting for 58% of total volume. Moreover, spectacle glass lenses production in China exceeded the figures recorded by the second-largest producer, Thailand (153M units), eightfold. The Philippines (105M units) ranked third in terms of total production with a 5.2% share.
What are the leading exporters of spectacle lenses of glass or other materials in Asia-Pacific?
+
In value terms, the largest spectacle glass lenses supplying countries in Asia-Pacific were China ($1B), Thailand ($858M) and the Philippines ($427M), together comprising 76% of total exports.
What are the leading importers of spectacle lenses of glass or other materials in Asia-Pacific?
+
In value terms, China ($322M), Hong Kong SAR ($282M) and Thailand ($223M) appeared to be the countries with the highest levels of imports in 2020, together accounting for 55% of total imports.
What is the average export price for spectacle lenses of glass or other materials in Asia-Pacific?
+
The spectacle glass lenses export price in Asia-Pacific stood at $2.2 per unit in 2020, falling by -4.2% against the previous year.
What is the average import price for spectacle lenses of glass or other materials in Asia-Pacific?
+
The spectacle glass lenses import price in Asia-Pacific stood at $2.9 per unit in 2020, rising by 4.6% against the previous year.

Product coverage:
• Prodcom 32504153 - Unmounted spectacle lenses other than for the correction of vision
• Prodcom 32504155 - Unmounted single focal spectacle lenses for the correction of vision, with both sides finished
• Prodcom 32504159 - Unmounted spectacle lenses for the correction of vision, with both sides finished other than single focal lenses
• Prodcom 32504170 - Unmounted spectacle lenses for the correction of vision, other than those with both sides finished

This report provides an in-depth analysis of the spectacle glass lenses market in Asia-Pacific. 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 2025.


Country coverage:
• Afghanistan
• American Samoa
• Bhutan
• Brunei Darussalam
• Cambodia
• Cook Islands
• Democratic People's Republic of Korea
• Fiji
• French Polynesia
• Guam
• Kiribati
• Lao People's Democratic Republic
• Macao SAR
• Maldives
• Marshall Islands
• Micronesia
• Nauru
• Nepal
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Taiwan (Chinese)
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan (Chinese)
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Viet Nam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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