Global Spectacle Plastic Frame Market 2024

Spectacle Plastic Frame Market Size

In 2023, the global spectacle plastic frame market increased by X% to $X, rising for the third consecutive year after four years of decline. In general, the total consumption indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Global consumption peaked in 2023 and is expected to retain growth in years to come.

Spectacle Plastic Frame Production

In value terms, spectacle plastic frame production reached $X in 2023 estimated in export price. Over the period under review, the total production indicated a mild expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, global production hit record highs at $X in 2017; however, from 2018 to 2023, production failed to regain momentum.

Spectacle Plastic Frame Exports

Exports

In 2023, the amount of plastic frames and mountings for spectacles and goggles exported worldwide rose modestly to X units, with an increase of X% on the previous year. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The global exports peaked at X units in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, spectacle plastic frame exports expanded significantly to $X in 2023. Overall, total exports indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The global exports peaked in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Hong Kong SAR (X units) and China (X units) represented the major exporters of plastic frames and mountings for spectacles and goggles in 2023, amounting to near X% and X% of total exports, respectively. It was distantly followed by Italy (X units), the United States (X units) and the Netherlands (X units), together creating a X% share of total exports. Germany (X units) and Thailand (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Thailand (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and Hong Kong SAR ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of global exports. The United States, the Netherlands, Germany and Thailand lagged somewhat behind, together accounting for a further X%.

Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries 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 plastic frame export price stood at $X per unit in 2023, increasing by X% against the previous year. Over the period under review, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The global export price peaked in 2023 and is likely to continue growth in years to come.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Spectacle Plastic Frame Imports

Imports

In 2023, after two years of growth, there was decline in supplies from abroad of plastic frames and mountings for spectacles and goggles, when their volume decreased by X% to X units. In general, total imports indicated notable growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. 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 growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Global imports peaked at X units in 2022, and then declined modestly in the following year.

In value terms, spectacle plastic frame imports rose to $X in 2023. Over the period under review, total imports indicated prominent growth 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 was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, global imports reached the peak figure in 2023 and are expected to retain growth in the immediate term.

Imports by Country

In 2023, the United States (X units), distantly followed by Hong Kong SAR (X units), India (X units), Italy (X units) and Mexico (X units) represented the largest importers of plastic frames and mountings for spectacles and goggles, together making up X% of total imports. Germany (X units), Japan (X units), France (X units), the Netherlands (X units), Spain (X units), the UK (X units) and Thailand (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

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

In terms of the main importing countries, India, with a CAGR of X%, 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 2023, the average spectacle plastic frame import price amounted to $X per unit, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was France ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2023, 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