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Malaysia - Spectacle Lenses Of Glass Or Other Materials - Market Analysis, Forecast, Size, Trends and Insights
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Malaysia: Spectacle Glass Lenses Market Overview 2022

Spectacle Glass Lenses Market Size in Malaysia

The Malaysian spectacle glass lenses market expanded remarkably to $X in 2020, picking up by X% against the previous year. In general, the total consumption indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. from 2019 to 2020, the growth of the market remained at a lower figure.

Spectacle Glass Lenses Production in Malaysia

In value terms, spectacle glass lenses production rose significantly to $X in 2020 estimated in export prices. In general, the total production indicated a moderate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2017 indices. The growth pace was the most rapid in 2017 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. from 2018 to 2020, production growth failed to regain the momentum.

Spectacle Glass Lenses Exports

Exports from Malaysia

In 2020, the amount of spectacle lenses of glass or other materials exported from Malaysia declined dramatically to X tonnes, with a decrease of -X% against the previous year's figure. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X tonnes in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, spectacle glass lenses exports contracted significantly to $X in 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2020, exports failed to regain the momentum.

Exports by Country

Italy (X tonnes) was the main destination for spectacle glass lenses exports from Malaysia, accounting for a X% share of total exports. Moreover, spectacle glass lenses exports to Italy exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tonnes), threefold. France (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Italy stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+X% per year) and France (-X% per year).

In value terms, Italy ($X) remains the key foreign market for spectacle glass lenses exports from Malaysia, comprising X% of total exports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Italy amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+X% per year) and France (+X% per year).

Export Prices by Country

In 2020, the average spectacle glass lenses export price amounted to $X per tonne, rising by X% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. The export price peaked at $X per tonne in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major overseas markets. In 2020, the countries with the highest prices were China ($X per tonne) and Hong Kong SAR ($X per tonne), while the average price for exports to Austria ($X per tonne) and Hungary ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Japan, while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Glass Lenses Imports

Imports into Malaysia

In 2020, supplies from abroad of spectacle lenses of glass or other materials decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Over the period under review, imports saw a perceptible slump. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2012; however, from 2013 to 2020, imports stood at a somewhat lower figure.

In value terms, spectacle glass lenses imports dropped notably to $X in 2020. Overall, imports enjoyed a temperate increase. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. As a result, imports attained the peak of $X. from 2013 to 2020, the growth imports failed to regain the momentum.

Imports by Country

China (X tonnes), Thailand (X tonnes) and Taiwan (Chinese) (X tonnes) were the main suppliers of spectacle glass lenses imports to Malaysia, together accounting for X% of total imports. The Philippines, Japan, India, Singapore and Indonesia lagged somewhat behind, together comprising a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India, while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Thailand ($X) and Taiwan (Chinese) ($X) were the largest spectacle glass lenses suppliers to Malaysia, together accounting for X% of total imports. The Philippines, Japan, India, Singapore and Indonesia lagged somewhat behind, together comprising a further X saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average spectacle glass lenses import price stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the import price saw resilient growth. The growth pace was the most rapid in 2012 an increase of X% y-o-y. Over the period under review, average import prices hit record highs in 2020 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Japan ($X per tonne) and Singapore ($X per tonne), while the price for the Philippines ($X per tonne) and India ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for spectacle lenses of glass or other materials in the world?
+
China (30K tonnes) remains the largest spectacle glass lenses consuming country worldwide, comprising approx. 16% of total volume. Moreover, spectacle glass lenses consumption in China exceeded the figures recorded by the second-largest consumer, India (12K tonnes), threefold. The U.S. (11K tonnes) ranked third in terms of total consumption with a 5.7% share.
What are the largest producers of spectacle lenses of glass or other materials in the world?
+
The country with the largest volume of spectacle glass lenses production was China (34K tonnes), comprising approx. 18% of total volume. Moreover, spectacle glass lenses production in China exceeded the figures recorded by the second-largest producer, India (12K tonnes), threefold. The third position in this ranking was occupied by the U.S. (8.4K tonnes), with a 4.6% share.
What are the leading suppliers of spectacle lenses of glass or other materials to Malaysia?
+
In value terms, the largest spectacle glass lenses suppliers to Malaysia were China ($12M), Thailand ($6.5M) and Taiwan (Chinese) ($3M), with a combined 73% share of total imports. These countries were followed by the Philippines, Japan, India, Singapore and Indonesia, which together accounted for a further 20%.
What are the leading importers of spectacle lenses of glass or other materials from Malaysia?
+
In value terms, Italy ($5.5M) remains the key foreign market for spectacle glass lenses exports from Malaysia, comprising 31% of total exports. The second position in the ranking was occupied by Taiwan (Chinese) ($1.7M), with a 9.9% share of total exports. It was followed by France, with a 8.7% share.
What is the average export price for spectacle lenses of glass or other materials in Malaysia?
+
In 2020, the average spectacle glass lenses export price amounted to $186,310 per tonne, picking up by 8.5% against the previous year.
What is the average import price for spectacle lenses of glass or other materials in Malaysia?
+
In 2020, the average spectacle glass lenses import price amounted to $220,369 per tonne, growing by 25% against the previous year.

Product coverage:
• Prodcom 32504153 - Unmounted spectacle lenses other than for the correction of vision
• Prodcom 32504155 - Unmounted single focal spectacle lenses for the correction of vision, with both sides finished
• Prodcom 32504159 - Unmounted spectacle lenses for the correction of vision, with both sides finished other than single focal lenses
• Prodcom 32504170 - Unmounted spectacle lenses for the correction of vision, other than those with both sides finished

This report provides an in-depth analysis of the spectacle glass lenses market in Malaysia. 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 2025.


Country coverage:
• Malaysia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Malaysia
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020
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