SADC: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in SADC

In 2023, the SADC spectacle non-plastic frame market decreased by X% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Spectacle Non-Plastic Frame Production in SADC

In value terms, spectacle non-plastic frame production fell to $X in 2023 estimated in export price. The total production indicated a mild expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2019 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Spectacle Non-Plastic Frame Exports

Exports in SADC

After two years of growth, overseas shipments of non-plastic frames and mountings for spectacles and goggles decreased by X% to X units in 2023. Overall, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2023, the exports failed to regain momentum.

In value terms, spectacle non-plastic frame exports dropped to $X in 2023. Total exports indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

South Africa (X units) represented roughly X% of total exports in 2023.

South Africa was also the fastest-growing in terms of the non-plastic frames and mountings for spectacles and goggles exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of South Africa increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest spectacle non-plastic frame supplier in SADC.

From 2012 to 2023, the average annual rate of growth in terms of value in South Africa stood at X%.

Export Prices by Country

The export price in SADC stood at $X per unit in 2023, with an increase of X% against the previous year. Overall, the export price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2023, the rate of growth in terms of prices for South Africa amounted to X% per year.

Spectacle Non-Plastic Frame Imports

Imports in SADC

In 2023, spectacle non-plastic frame imports in SADC contracted remarkably to X units, which is down by X% compared with the previous year. Over the period under review, imports showed a abrupt contraction. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, spectacle non-plastic frame imports fell dramatically to $X in 2023. In general, imports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

South Africa was the main importer of non-plastic frames and mountings for spectacles and goggles in SADC, with the volume of imports accounting for X units, which was near X% of total imports in 2023. Mauritius (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Namibia (X%). The following importers - Mozambique (X units), Angola (X units) and Botswana (X units) - each amounted to a X% share of total imports.

From 2012 to 2023, average annual rates of growth with regard to spectacle non-plastic frame imports into South Africa stood at X%. At the same time, Namibia (X%), Mozambique (X%) and Botswana (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2023. Mauritius experienced a relatively flat trend pattern. By contrast, Angola (X%) illustrated a downward trend over the same period. Namibia (X p.p.), Mauritius (X p.p.) and Mozambique (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported non-plastic frames and mountings for spectacles and goggles in SADC, comprising X% of total imports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total imports. It was followed by Namibia, with an X% share.

In South Africa, spectacle non-plastic frame imports plunged by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and Namibia (X% per year).

Import Prices by Country

In 2023, the import price in SADC amounted to $X per unit, with an increase of X% against the previous year. Import price indicated a slight expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, spectacle non-plastic frame import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2023, the import prices failed to regain momentum.

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

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

Source: IndexBox Platform