
Sri Lanka - Plastic Frames and Mountings for Spectacles and Goggles - Market Analysis, Forecast, Size, Trends and Insights
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 ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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