Israel: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in Israel

The Israeli spectacle non-plastic frame market shrank rapidly to $X in 2023, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Spectacle Non-Plastic Frame Exports

Exports from Israel

In 2023, approx. X units of non-plastic frames and mountings for spectacles and goggles were exported from Israel; with a decrease of X% compared with 2022. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2022 when exports increased by X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, spectacle non-plastic frame exports contracted dramatically to $X in 2023. Overall, exports showed a pronounced decline. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for spectacle non-plastic frame exports from Israel, accounting for a X% share of total exports. Moreover, spectacle non-plastic frame exports to the United States exceeded the volume sent to the second major destination, Italy (X units), sixfold. Ireland (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2023, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Ireland (X% per year).

In value terms, the United States ($X) remains the key foreign market for non-plastic frames and mountings for spectacles and goggles exports from Israel, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Ireland, with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Ireland (X% per year).

Export Prices by Country

In 2023, the average spectacle non-plastic frame export price amounted to $X per unit, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2015 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2023, the average export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2023, amid the top suppliers, the countries with the highest prices were India ($X per unit) and Italy ($X per unit), while the average price for exports to Thailand ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Spectacle Non-Plastic Frame Imports

Imports into Israel

In 2023, imports of non-plastic frames and mountings for spectacles and goggles into Israel declined sharply to X units, falling by X% against the year before. Over the period under review, imports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, spectacle non-plastic frame imports shrank sharply to $X in 2023. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, China (X units) constituted the largest supplier of spectacle non-plastic frame to Israel, with a X% share of total imports. Moreover, spectacle non-plastic frame imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. France (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and France (X% per year).

In value terms, China ($X) constituted the largest supplier of non-plastic frames and mountings for spectacles and goggles to Israel, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and France (X% per year).

Import Prices by Country

In 2023, the average spectacle non-plastic frame import price amounted to $X per unit, falling by X% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, spectacle non-plastic frame import price increased by X% against 2021 indices. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2022, and then reduced slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per unit) and Spain ($X per unit), while the price for the United States ($X per unit) and Hong Kong SAR ($X per unit) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform