Kenya: Spectacle Non-Plastic Frame Market 2022

Spectacle Non-Plastic Frame Market Size in Kenya

The Kenyan spectacle non-plastic frame market was finally on the rise to reach $X in 2021, after two years of decline. In general, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable 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 Non-Plastic Frame Exports

Exports from Kenya

In 2021, overseas shipments of non-plastic frames and mountings for spectacles and goggles decreased by -X% to X units, falling for the second year in a row after four years of growth. Overall, exports faced a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, spectacle non-plastic frame exports reduced notably to $X in 2021. Over the period under review, exports showed a precipitous slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2020, and then fell notably in the following year.

Exports by Country

Uganda (X units) was the main destination for spectacle non-plastic frame exports from Kenya, accounting for a X% share of total exports. It was followed by Tanzania (X units), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Uganda amounted to +X%.

In value terms, Uganda ($X) remains the key foreign market for spectacle non-plastic frame exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Uganda amounted to +X%.

Export Prices by Country

The average spectacle non-plastic frame export price stood at $X per unit in 2021, with a decrease of -X% against the previous year. Overall, the export price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. The export price peaked at $X per unit in 2020, and then declined sharply in the following year.

Average prices varied somewhat for the major external markets. In 2021, the country with the highest price was Uganda ($X per unit), while the average price for exports to Tanzania amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+X%).

Spectacle Non-Plastic Frame Imports

Imports into Kenya

In 2021, overseas purchases of non-plastic frames and mountings for spectacles and goggles were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports enjoyed pronounced growth. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, spectacle non-plastic frame imports soared to $X in 2021. Overall, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of spectacle non-plastic frame to Kenya, with a X% share of total imports. Moreover, spectacle non-plastic frame imports from China exceeded the figures recorded by the second-largest supplier, South Africa (X units), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and Austria (+X% per year).

In value terms, China ($X) constituted the largest supplier of spectacle non-plastic frame to Kenya, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and Austria (-X% per year).

Import Prices by Country

The average spectacle non-plastic frame import price stood at $X per unit in 2021, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was South Africa ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :