Argentina: Personal Spectacle Optics Market 2024

Personal Spectacle Optics Market Size in Argentina

In 2023, the Argentinian personal spectacle optics market decreased by X% to $X for the first time since 2020, thus ending a two-year rising trend. Over the period under review, consumption saw a moderate increase. Personal spectacle optics consumption peaked at $X in 2022, and then contracted in the following year.

Personal Spectacle Optics Exports

Exports from Argentina

In 2023, personal spectacle optics exports from Argentina dropped markedly to X units, shrinking by X% compared with 2022. Over the period under review, exports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2023, the exports remained at a lower figure.

In value terms, personal spectacle optics exports dropped notably to $X in 2023. Overall, exports faced a sharp reduction. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Uruguay (X units), Paraguay (X units) and the United States (X units) were the main destinations of personal spectacle optics exports from Argentina, with a combined X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for personal spectacle optics exported from Argentina were Uruguay ($X), the United States ($X) and Chile ($X), with a combined X% share of total exports.

The United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average personal spectacle optics export price stood at $X per unit in 2023, with an increase of X% against the previous year. Overall, the export price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2022 to 2023, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Personal Spectacle Optics Imports

Imports into Argentina

For the fifth consecutive year, Argentina recorded growth in supplies from abroad of personal spectacle optics, which increased by X% to X units in 2023. In general, imports, however, recorded a relatively flat trend pattern. Imports peaked at X units in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, personal spectacle optics imports reduced to $X in 2023. Over the period under review, total imports indicated a pronounced increase 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2022, and then reduced in the following year.

Imports by Country

In 2023, China (X units) constituted the largest supplier of personal spectacle optics to Argentina, accounting for a X% share of total imports. Moreover, personal spectacle optics imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), threefold.

From 2012 to 2023, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Italy (X% per year).

In value terms, China ($X), Taiwan (Chinese) ($X) and Italy ($X) appeared to be the largest personal spectacle optics suppliers to Argentina, with a combined X% share of total imports.

Among the main suppliers, Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2023, the average personal spectacle optics import price amounted to $X per unit, reducing by X% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2023: its price 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. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2022, and then contracted markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, 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 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform