Global Spectacle Non-Plastic Frame Market 2023

Spectacle Non-Plastic Frame Market Size

The global spectacle non-plastic frame market expanded rapidly to $X in 2021, rising by 13% against the previous year. The market value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Over the period under review, the global market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Spectacle Non-Plastic Frame Production

In value terms, spectacle non-plastic frame production reached $X in 2021 estimated in export price. In general, production, however, recorded a perceptible decrease. The growth pace was the most rapid in 2016 with an increase of 23%. Global production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Spectacle Non-Plastic Frame Exports

Exports

In 2021, the amount of non-plastic frames and mountings for spectacles and goggles exported worldwide skyrocketed to X units, increasing by 30% against 2020. In general, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of 153%. Over the period under review, the global exports reached the maximum at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, spectacle non-plastic frame exports soared to $X in 2021. The total export value increased at an average annual rate of +1.0% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X units) and Italy (X units) represented roughly 51% of total exports in 2021. China (X units) took the next position in the ranking, distantly followed by the United States (X units), France (X units) and the Netherlands (X units). All these countries together took approx. 30% share of total exports. South Korea (X units) took a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +29.9%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest spectacle non-plastic frame supplying countries worldwide were China ($X), Italy ($X) and Hong Kong SAR ($X), with a combined 63% share of global exports. France, the United States, the Netherlands and South Korea lagged somewhat behind, together accounting for a further 12%.

In terms of the main exporting countries, the Netherlands, with a CAGR of +13.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average spectacle non-plastic frame export price stood at $X per unit in 2021, with an increase of 3% against the previous year. Over the period under review, the export price posted a resilient increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 161% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per unit), while the United States ($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 (+31.6%), while the other global leaders experienced mixed trends in the export price figures.

Spectacle Non-Plastic Frame Imports

Imports

In 2021, global spectacle non-plastic frame imports surged to X units, growing by 30% compared with the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. Global imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, spectacle non-plastic frame imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.1% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X units), India (X units) and Hong Kong SAR (X units) represented the largest importer of non-plastic frames and mountings for spectacles and goggles in the world, constituting 47% of total import. Italy (X units) took a 7.4% share (based on physical terms) of total imports, which put it in second place, followed by France (5.1%). The following importers - the Netherlands (X units), Mexico (X units), Japan (X units), Germany (X units), Spain (X units), the UK (X units) and Russia (X units) - together made up 18% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (with a CAGR of +12.8%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest spectacle non-plastic frame importing markets worldwide were the United States ($X), Hong Kong SAR ($X) and Italy ($X), with a combined 37% share of global imports. France, Germany, Japan, the Netherlands, Spain, the UK, India, Mexico and Russia lagged somewhat behind, together comprising a further 28%.

Among the main importing countries, the Netherlands, with a CAGR of +8.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average spectacle non-plastic frame import price amounted to $X per unit, dropping by -2.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 11% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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