Eastern Asia: Spectacles And Goggles Market 2024

Spectacles And Goggles Market Size in Eastern Asia

The East Asian spectacles and goggles market shrank to $X in 2022, declining by X% against the previous year. Overall, consumption showed a pronounced slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Spectacles And Goggles Production in Eastern Asia

In value terms, spectacles and goggles production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Spectacles And Goggles Exports

Exports in Eastern Asia

For the fifth year in a row, Eastern Asia recorded decline in overseas shipments of spectacles and goggles, which decreased by X% to X units in 2022. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, spectacles and goggles exports stood at $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China represented the key exporter of spectacles and goggles in Eastern Asia, with the volume of exports resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X units), generating a X% share of total exports. Hong Kong SAR (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, China ($X) remains the largest spectacles and goggles supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports.

In China, spectacles and goggles exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Spectacles And Goggles Imports

Imports in Eastern Asia

In 2022, the amount of spectacles and goggles imported in Eastern Asia stood at X units, approximately equating the year before. In general, imports, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, spectacles and goggles imports expanded modestly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 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 imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, Japan (X units) and Hong Kong SAR (X units) represented the largest importers of spectacles and goggles in Eastern Asia, together comprising X% of total imports. It was distantly followed by South Korea (X units), comprising an X% share of total imports. The following importers - Taiwan (Chinese) (X units) and China (X units) - each finished at a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported spectacles and goggles in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with an X% share of total imports. It was followed by South Korea, with a X% share.

In Hong Kong SAR, spectacles and goggles imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, leveling off at the previous year. Import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spectacles and goggles import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

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 China ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform