Report Latin America and the Caribbean - Personal Spectacle Optics - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 23, 2022

Latin America and the Caribbean - Personal Spectacle Optics - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Personal Spectacle Optics Market 2022

Personal Spectacle Optics Market Size in Latin America and the Caribbean

The Latin American personal spectacle optics market totaled $X in 2021, rising by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Personal Spectacle Optics Production in Latin America and the Caribbean

In value terms, personal spectacle optics production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Personal Spectacle Optics Exports

Exports in Latin America and the Caribbean

In 2021, exports of personal spectacle optics in Latin America and the Caribbean soared to X units, with an increase of X% compared with the year before. Overall, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

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

Exports by Country

Mexico dominates exports structure, recording X units, which was near X% of total exports in 2021. Brazil (X units) and Panama (X units) took a minor share of total exports.

Mexico was also the fastest-growing in terms of the personal spectacle optics exports, with a CAGR of +X% from 2012 to 2021. At the same time, Brazil (+X%) displayed positive paces of growth. By contrast, Panama (-X%) illustrated a downward trend over the same period. Mexico (+X p.p.) significantly strengthened its position in terms of the total exports, while Panama saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest personal spectacle optics supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Mexico stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (+X% per year) and Panama (-X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2021, jumping by X% against the previous year. In general, the export price, however, saw a deep setback. The level of export peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Panama ($X per unit), while Mexico ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+X%), while the other leaders experienced mixed trends in the export price figures.

Personal Spectacle Optics Imports

Imports in Latin America and the Caribbean

For the third consecutive year, LatAmerica and the Caribbean recorded growth in overseas purchases of personal spectacle optics, which increased by X% to X units in 2021. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X%. The volume of import peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, personal spectacle optics imports soared to $X in 2021. In general, imports, however, showed a noticeable descent. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Mexico represented the main importing country with an import of around X units, which reached X% of total imports. Brazil (X units) held the second position in the ranking, followed by Chile (X units), Colombia (X units) and Peru (X units). All these countries together took near X% share of total imports. The following importers - Guatemala (X units), Paraguay (X units), Argentina (X units), Costa Rica (X units), Panama (X units), El Salvador (X units) and Ecuador (X units) - together made up X% of total imports.

From 2012 to 2021, average annual rates of growth with regard to personal spectacle optics imports into Mexico stood at +X%. At the same time, Guatemala (+X%), Costa Rica (+X%), El Salvador (+X%), Colombia (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +X% from 2012-2021. Peru experienced a relatively flat trend pattern. By contrast, Brazil (-X%), Paraguay (-X%), Argentina (-X%), Ecuador (-X%) and Panama (-X%) illustrated a downward trend over the same period. Mexico (+X p.p.) and Guatemala (+X p.p.) significantly strengthened its position in terms of the total imports, while Brazil and Panama saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest personal spectacle optics importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Chile ($X), together comprising X% of total imports. Peru, Colombia, Paraguay, Argentina, Ecuador, Guatemala, Costa Rica, Panama and El Salvador lagged somewhat behind, together comprising a further X the main importing countries, Guatemala, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2021, jumping by X% against the previous year. Overall, the import price, however, recorded a perceptible descent. Over the period under review, import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Argentina ($X per unit), while El Salvador ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Paraguay (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for personal spectacle optics in LatAmerica and the Caribbean?
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Mexico constituted the country with the largest volume of personal spectacle optics consumption, accounting for 48% of total volume. Moreover, personal spectacle optics consumption in Mexico exceeded the figures recorded by the second-largest consumer, Brazil, fourfold. The third position in this ranking was held by Chile, with an 8.9% share.
What are the largest producers of personal spectacle optics in LatAmerica and the Caribbean?
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The country with the largest volume of personal spectacle optics production was Mexico, accounting for 79% of total volume. Moreover, personal spectacle optics production in Mexico exceeded the figures recorded by the second-largest producer, Cuba, sevenfold. The third position in this ranking was taken by Puerto Rico, with a 5.6% share.
What are the leading suppliers of personal spectacle optics in LatAmerica and the Caribbean?
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In value terms, Mexico remains the largest personal spectacle optics supplier in Latin America and the Caribbean, comprising 84% of total exports. The second position in the ranking was held by Brazil, with a 6.5% share of total exports.
What are the leading importers of personal spectacle optics in LatAmerica and the Caribbean?
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In value terms, the largest personal spectacle optics importing markets in Latin America and the Caribbean were Mexico, Brazil and Chile, together accounting for 67% of total imports. These countries were followed by Peru, Colombia, Paraguay, Argentina, Ecuador, Guatemala, Costa Rica, Panama and El Salvador, which together accounted for a further 26%.
What is the average export price for personal spectacle optics in LatAmerica and the Caribbean?
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In 2021, the export price in Latin America and the Caribbean amounted to $4.8 per unit, increasing by 37% against the previous year.
What is the average import price for personal spectacle optics in LatAmerica and the Caribbean?
+
In 2021, the import price in Latin America and the Caribbean amounted to $1.5 per unit, jumping by 27% against the previous year.

This report provides an in-depth analysis of the personal spectacle optics market in Latin America and the Caribbean. 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 2030.


Product coverage:
• Prodcom 32504250 - Sunglasses
• Prodcom 32504290 - Spectacles, goggles and the like, corrective, protective or other (excluding sunglasses)
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• 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 2012–2021
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 2012–2021
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

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Physical Terms, By Country, 2012–2021
Table 7:
Imports, In Value Terms, By Country, 2012–2021
Table 8:
Import Prices, By Country Of Destination, 2012–2021
Table 9:
Exports, In Physical Terms, By Country, 2012–2021
Table 10:
Exports, In Value Terms, By Country, 2012–2021
Table 11:
Export Prices, By Country Of Origin, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Consumption, By Country, 2021
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, 2012–2021
Figure 17:
Production, In Value Terms, 2012–2021
Figure 18:
Production, By Country, 2021
Figure 19:
Production, In Physical Terms, By Country, 2012–2021
Figure 20:
Imports, In Physical Terms, 2012–2021
Figure 21:
Imports, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, By Country, 2021
Figure 23:
Imports, In Physical Terms, By Country, 2012–2021
Figure 24:
Imports, In Value Terms, By Country, 2012–2021
Figure 25:
Import Prices, By Country, 2012–2021
Figure 26:
Exports, In Physical Terms, 2012–2021
Figure 27:
Exports, In Value Terms, 2012–2021
Figure 28:
Exports, In Physical Terms, By Country, 2021
Figure 29:
Exports, In Physical Terms, By Country, 2012–2021
Figure 30:
Exports, In Value Terms, By Country, 2012–2021
Figure 31:
Export Prices, 2012–2021
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