Libya - Frames and Mountings for Spectacles, Goggles or the Like - Market Analysis, Forecast, Size, Trends and Insights
Libya: Spectacle Frame Market 2022
Spectacle Frame Market Size in Libya
The Libyan spectacle frame market skyrocketed to $X in 2021, rising by 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). In general, consumption, however, saw a relatively flat trend pattern. Spectacle frame consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.
Spectacle Frame Exports
Exports from Libya
Spectacle frame exports from Libya amounted to less than X units in 2021, approximately equating the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern.
In value terms, spectacle frame exports stood at less than $X in 2021. Overall, exports saw a relatively flat trend pattern. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.
Spectacle Frame Imports
Imports into Libya
In 2021, imports of frames and mountings for spectacles, goggles or the like into Libya surged to X units, picking up by X% on the previous year's figure. Over the period under review, imports posted a tangible expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
In value terms, spectacle frame imports skyrocketed to $X in 2021. Overall, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.
Imports by Country
In 2021, Turkey (X units) constituted the largest spectacle frame supplier to Libya, with a X% share of total imports. Moreover, spectacle frame imports from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was held by Belgium (X units), with a X% share.
From 2012 to 2021, the average annual growth rate of volume from Turkey stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Belgium (X% per year).
In value terms, Turkey ($X), Italy ($X) and China ($X) appeared to be the largest spectacle frame suppliers to Libya, with a combined X% share of total imports.
Among the main suppliers, Turkey, with a CAGR of +X%, recorded the highest rates of growth with regard to 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 average spectacle frame import price stood at $X per unit in 2021, which is down by -X% against the previous year. Overall, the import price faced a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
Prices varied noticeably countryorigin: the country with the highest price was China ($X per unit), while the price for Belgium ($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.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the spectacle frame market in Libya. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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