CIS: Spectacle Glass Lenses Market 2024

Spectacle Glass Lenses Market Size in CIS

In 2022, the CIS spectacle glass lenses market increased by X% to $X, rising for the fifth year in a row after three years of decline. Over the period under review, consumption showed a resilient increase. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Spectacle Glass Lenses Production in CIS

In value terms, spectacle glass lenses production reached $X in 2022 estimated in export price. Over the period under review, production, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

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Spectacle Glass Lenses Exports

Exports in CIS

In 2022, spectacle glass lenses exports in the CIS soared to X units, increasing by X% on 2021 figures. In general, exports enjoyed a noticeable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectacle glass lenses exports surged to $X in 2022. Overall, exports enjoyed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Armenia (X units) represented the main exporter of spectacle lenses of glass or other materials, generating X% of total exports. It was distantly followed by Belarus (X units), mixing up a X% share of total exports. Russia (X units) followed a long way behind the leaders.

Armenia was also the fastest-growing in terms of the spectacle lenses of glass or other materials exports, with a CAGR of X.2% from 2012 to 2022. Russia (X%) and Belarus (X%) illustrated a downward trend over the same period. Armenia (X p.p.) significantly strengthened its position in terms of the total exports, while Russia and Belarus saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Armenia ($X) emerged as the largest spectacle glass lenses supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports.

In Armenia, spectacle glass lenses exports increased at an average annual rate of X.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Russia (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, dropping by X% against the previous year. Overall, the export price, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the export price figures.

Spectacle Glass Lenses Imports

Imports in CIS

In 2022, the amount of spectacle lenses of glass or other materials imported in the CIS soared to X units, surging by X% compared with 2021 figures. Overall, imports posted perceptible growth. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, spectacle glass lenses imports totaled $X in 2022. In general, imports posted pronounced growth. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Russia (X units) represented the main importer of spectacle lenses of glass or other materials, constituting X% of total imports. It was distantly followed by Armenia (X units) and Belarus (X units), together mixing up a X% share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of spectacle lenses of glass or other materials. At the same time, Armenia (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. While the share of Armenia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported spectacle lenses of glass or other materials in the CIS, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Russia totaled X%. In the other countries, the average annual rates were as follows: Belarus (X% per year) and Armenia (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per unit), while Armenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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