Report Sri Lanka - Plastic Frames and Mountings for Spectacles and Goggles - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 30, 2022

Sri Lanka - Plastic Frames and Mountings for Spectacles and Goggles - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Spectacle Plastic Frame Market 2022

Spectacle Plastic Frame Market Size in Sri Lanka

For the seventh consecutive year, the Sri Lankan spectacle plastic frame market recorded growth in sales value, which increased by X% to $X in 2021. In general, consumption, however, recorded a significant increase. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Spectacle Plastic Frame Exports

Exports from Sri Lanka

For the tenth consecutive year, Sri Lanka recorded growth in shipments abroad of plastic frames and mountings for spectacles and goggles, which increased by X% to X units in 2021. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectacle plastic frame exports skyrocketed to $X in 2021. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Maldives (X units) was the main destination for spectacle plastic frame exports from Sri Lanka, accounting for a X% share of total exports. Moreover, spectacle plastic frame exports to Maldives exceeded the volume sent to the second major destination, Hong Kong SAR (X units), eightfold.

From 2012 to 2021, the average annual growth rate of volume to Maldives stood at +X%.

From 2012 to 2021, the average annual growth rate of value to Maldives totaled +X%.

Export Prices by Country

In 2021, the average spectacle plastic frame export price amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the export price recorded a noticeable slump. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Maldives amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%).

Spectacle Plastic Frame Imports

Imports into Sri Lanka

After six years of growth, purchases abroad of plastic frames and mountings for spectacles and goggles decreased by -X% to X units in 2021. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2020, and then declined in the following year.

In value terms, spectacle plastic frame imports soared to $X in 2021. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X units) was the main supplier of spectacle plastic frame to Sri Lanka, accounting for a X% share of total imports. It was followed by Australia (X units), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and Italy (+X% per year).

In value terms, China ($X) constituted the largest supplier of spectacle plastic frame to Sri Lanka, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Australia (X% per year).

Import Prices by Country

The average spectacle plastic frame import price stood at $X per unit in 2021, increasing by X% against the previous year. Overall, the import price, however, saw a slight contraction. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably countryorigin: the country with the highest price was Italy ($X per unit), while the price for China ($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 more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for plastic frames and mountings for spectacles and goggles in the world?
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The countries with the highest volumes of consumption in 2021 were the United States, Mexico and China, with a combined 35% share of global consumption. These countries were followed by Hong Kong SAR, India, Italy, Japan, Brazil, France, Russia and Bangladesh, which together accounted for a further 34%.
What are the largest producers of plastic frames and mountings for spectacles and goggles in the world?
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The country with the largest volume of spectacle plastic frame production was China, comprising approx. 37% of total volume. Moreover, spectacle plastic frame production in China exceeded the figures recorded by the second-largest producer, Italy, threefold. India ranked third in terms of total production with an 11% share.
What are the leading suppliers of plastic frames and mountings for spectacles and goggles to Sri Lanka?
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In value terms, China constituted the largest supplier of spectacle plastic frame to Sri Lanka, comprising 60% of total imports. The second position in the ranking was held by Italy, with a 16% share of total imports.
What is the average export price for plastic frames and mountings for spectacles and goggles in Sri Lanka?
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In 2021, the average spectacle plastic frame export price amounted to $11 per unit, flattening at the previous year.
What is the average import price for plastic frames and mountings for spectacles and goggles in Sri Lanka?
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The average spectacle plastic frame import price stood at $5.3 per unit in 2021, rising by 21% against the previous year.

This report provides an in-depth analysis of the spectacle plastic frame market in Sri Lanka. 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.


Product coverage:
• Prodcom 32504350 - Plastic frames and mountings for spectacles, goggles or the like
Country coverage:
• Sri Lanka

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Sri Lanka
• 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
REPORT DESCRIPTION
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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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