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Republic of Korea - Spectacles And Goggles - Market Analysis, Forecast, Size, Trends And Insights
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Republic of Korea: Spectacles And Goggles Market Overview 2020

Spectacles And Goggles Market Size in Republic of Korea

The revenue of the spectacles and goggles market in South Korea amounted to $X in 2018, rising by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2015 when the market value increased by X% against the previous year. Spectacles and goggles consumption peaked in 2018 and is likely to see steady growth in the near future.

Spectacles And Goggles Production in Republic of Korea

In value terms, spectacles and goggles production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when production volume increased by X% year-to-year. In that year, spectacles and goggles production attained its peak level of $X, and then declined slightly in the following year.

Spectacles And Goggles Exports

Exports from Republic of Korea

In 2018, the spectacles and goggles exports from South Korea amounted to X units, shrinking by -X% against the previous year. Overall, spectacles and goggles exports continue to indicate a noticeable drop. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Over the period under review, spectacles and goggles exports attained their peak figure at X units in 2013; however, from 2014 to 2018, exports remained at a lower figure.

In value terms, spectacles and goggles exports totaled $X in 2018. In general, spectacles and goggles exports continue to indicate remarkable growth. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. Over the period under review, spectacles and goggles exports reached their peak figure at $X in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

Exports by Country

The U.S. (X units), Japan (X units) and China, Hong Kong SAR (X units) were the main destinations of spectacles and goggles exports from South Korea, together accounting for X% of total exports. The Czech Republic, China, Viet Nam, France, Germany, Mongolia, Canada, Sweden and Saudi Arabia lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Mongolia (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) remains the key foreign market for spectacles and goggles exports from South Korea, comprising X% of total spectacles and goggles exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China, Hong Kong SAR (+X% per year) and Japan (+X% per year).

Export Prices by Country

In 2018, the average spectacles and goggles export price amounted to $X per unit, declining by -X% against the previous year. In general, the spectacles and goggles export price, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2008 an increase of X% year-to-year. The export price peaked at $X per unit in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Spectacles And Goggles Imports

Imports into Republic of Korea

In 2018, the spectacles and goggles imports into South Korea stood at X units, increasing by X% against the previous year. Overall, spectacles and goggles imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, spectacles and goggles imports attained their peak figure at X units in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, spectacles and goggles imports stood at $X in 2018. Overall, spectacles and goggles imports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Imports peaked at $X in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

Imports by Country

China (X units), Italy (X units) and Viet Nam (X units) were the main suppliers of spectacles and goggles imports to South Korea, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Viet Nam, while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of spectacles and goggles to South Korea, comprising X% of total spectacles and goggles imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Japan (-X% per year).

Import Prices by Country

The average spectacles and goggles import price stood at $X per unit in 2018, surging by X% against the previous year. Overall, the spectacles and goggles import price, however, continues to indicate a measured slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% year-to-year. In that year, the average import prices for spectacles and goggles reached their peak level of $X per unit. From 2015 to 2018, the growth in terms of the average import prices for spectacles and goggles remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Viet Nam (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 32504290 - Spectacles, goggles and the like, corrective, protective or other (excluding sunglasses)

This report provides an in-depth analysis of the spectacles and goggles market in Republic of Korea. 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.


Country coverage:
• South Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Republic of Korea
• 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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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