MENA: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in MENA

The MENA's spectacle non-plastic frame market expanded to $X in 2023, increasing by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Spectacle Non-Plastic Frame Production in MENA

In value terms, spectacle non-plastic frame production stood at $X in 2023 estimated in export price. Overall, production recorded a mild expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2023, production growth remained at a lower figure.

Spectacle Non-Plastic Frame Exports

Exports in MENA

In 2023, the amount of non-plastic frames and mountings for spectacles and goggles exported in MENA surged to X units, increasing by X% on 2022. Over the period under review, exports posted a resilient increase. The pace of growth appeared the most rapid in 2013 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 2023, the exports remained at a lower figure.

In value terms, spectacle non-plastic frame exports skyrocketed to $X in 2023. In general, exports posted a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Turkey represented the main exporter of non-plastic frames and mountings for spectacles and goggles in MENA, with the volume of exports reaching X units, which was near X% of total exports in 2023. It was distantly followed by the United Arab Emirates (X units), achieving an X% share of total exports. The following exporters - Israel (X units) and Bahrain (X units) - each amounted to a X% share of total exports.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2023. At the same time, Bahrain (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Moreover, Bahrain emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2023. By contrast, Israel (X%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (X p.p.), Turkey (X p.p.) and Bahrain (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Israel (X p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest spectacle non-plastic frame supplier in MENA, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Bahrain, with a X% share.

In Turkey, spectacle non-plastic frame exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the United Arab Emirates (X% per year) and Bahrain (X% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2023, rising by X% against the previous year. Overall, the export price, however, saw a noticeable decrease. The growth pace was the most rapid in 2016 an increase of X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Bahrain ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Bahrain (X%), while the other leaders experienced mixed trends in the export price figures.

Spectacle Non-Plastic Frame Imports

Imports in MENA

Spectacle non-plastic frame imports expanded rapidly to X units in 2023, surging by X% compared with 2022 figures. Overall, imports, however, recorded a pronounced decrease. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, spectacle non-plastic frame imports expanded sharply to $X in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Turkey was the major importer of non-plastic frames and mountings for spectacles and goggles in MENA, with the volume of imports recording X units, which was approx. X% of total imports in 2023. The United Arab Emirates (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Israel (X%). Tunisia (X units), Morocco (X units), Kuwait (X units) and Egypt (X units) held a little share of total imports.

Turkey experienced a relatively flat trend pattern with regard to volume of imports of non-plastic frames and mountings for spectacles and goggles. At the same time, Egypt (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2023. Morocco and Kuwait experienced a relatively flat trend pattern. By contrast, Tunisia (X%), Israel (X%) and the United Arab Emirates (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Turkey increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Israel ($X) were the countries with the highest levels of imports in 2023, together comprising X% of total imports. Morocco, Kuwait, Egypt and Tunisia lagged somewhat behind, together accounting for a further X%.

Egypt, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in MENA amounted to $X per unit, remaining relatively unchanged against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform