Global Spectacles And Goggles Market 2024

Spectacles And Goggles Market Size

The global spectacles and goggles market fell to $X in 2022, which is down by X% against the previous year. In general, consumption showed a abrupt setback. Over the period under review, the global market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Spectacles And Goggles Production

In value terms, spectacles and goggles production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, global production reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Spectacles And Goggles Exports

Exports

In 2022, shipments abroad of spectacles and goggles decreased by X% to X units, falling for the fifth year in a row after two years of growth. In general, exports showed a deep slump. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the global exports remained at a somewhat lower figure.

In value terms, spectacles and goggles exports rose to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, China (X units) represented the main exporter of spectacles and goggles, achieving X% of total exports. Taiwan (Chinese) (X units) held the second position in the ranking, distantly followed by Mexico (X units) and the United States (X units). All these countries together took near X% share of total exports. The following exporters - Belarus (X units), Hong Kong SAR (X units), Germany (X units) and Thailand (X units) - each finished at a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belarus (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest spectacles and goggles supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an X% share of global exports. It was followed by Germany, with a X% share.

In China, spectacles and goggles exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average spectacles and goggles export price amounted to $X per unit, rising by X% against the previous year. In general, the export price showed prominent growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. The global export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other global leaders experienced more modest paces of growth.

Spectacles And Goggles Imports

Imports

In 2022, approx. X units of spectacles and goggles were imported worldwide; shrinking by X% on the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of global imports failed to regain momentum.

In value terms, spectacles and goggles imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of global imports remained at a lower figure.

Imports by Country

The United States represented the key importer of spectacles and goggles in the world, with the volume of imports recording X units, which was approx. X% of total imports in 2022. Mexico (X units) held the second position in the ranking, followed by Canada (X units) and the UK (X units). All these countries together held approx. X% share of total imports. The following importers - Australia (X units), Japan (X units), Russia (X units), Hong Kong SAR (X units), Brazil (X units), Thailand (X units), South Africa (X units), India (X units) and Germany (X units) - together made up X% of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of spectacles and goggles. At the same time, Canada (X%), South Africa (X%), Mexico (X%), Australia (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Japan experienced a relatively flat trend pattern. By contrast, the UK (X%), Brazil (X%), Russia (X%), Hong Kong SAR (X%), India (X%) and Germany (X%) illustrated a downward trend over the same period. While the share of Canada (X p.p.) and Germany (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Russia (X p.p.), Hong Kong SAR (X p.p.), India (X p.p.) and the United States (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported spectacles and goggles worldwide, comprising X% of global imports. The second position in the ranking was held by Australia ($X), with a X% share of global imports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled X%. In the other countries, the average annual rates were as follows: Australia (X% per year) and Hong Kong SAR (X% per year).

Import Prices by Country

The average spectacles and goggles import price stood at $X per unit in 2022, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Global import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform