We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Thailand - Spectacle Lenses Of Glass Or Other Materials - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

Thailand - Spectacle Lenses Of Glass Or Other Materials - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing
Jul 22, 2023

Price of Spectacle Glass Lenses in Thailand Drops by 7% to $4.7 per Unit

Thailand Spectacle Glass Lenses Export Price in May 2023

In May 2023, the spectacle glass lenses price amounted to $4.7 per unit (FOB, Thailand), shrinking by -6.8% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 17% against the previous month. As a result, the export price attained the peak level of $5,048 per thousand units, and then fell in the following month.

There were significant differences in the average prices for the major export markets. In May 2023, the country with the highest price was China ($8.6 per unit), while the average price for exports to India ($2.1 per unit) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Spectacle Glass Lenses in Thailand (USD per unit)
May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023
China6.56.65.86.05.86.38.16.85.45.06.87.38.6
Canada6.16.07.46.88.310.08.89.18.58.08.213.78.2
Netherlands6.46.76.66.66.16.36.67.07.16.96.97.07.0
Australia5.25.38.64.07.84.06.17.06.76.35.86.06.7
Japan5.75.45.96.64.96.36.15.86.65.65.26.35.6
France4.54.54.74.44.34.84.64.74.84.75.04.94.8
Hong Kong8.04.53.73.72.35.82.72.76.55.74.45.54.4
Germany3.83.63.73.53.43.53.53.74.34.03.94.44.2
United States3.42.93.43.23.33.33.74.23.83.43.44.13.3
Brazil2.32.52.33.13.23.33.55.56.04.22.95.82.7
Italy2.52.62.42.32.22.42.53.62.62.92.54.12.7
United Kingdom2.52.32.52.82.73.22.12.12.72.42.32.72.7
India2.01.72.11.92.11.82.11.91.91.91.92.12.1
Average4.44.24.44.24.14.54.44.74.84.44.35.04.7

Thailand Spectacle Glass Lenses Exports

In May 2023, spectacle glass lenses exports from Thailand soared to 20M units, growing by 22% on the month before. In general, exports, however, recorded a relatively flat trend pattern. The exports peaked at 22M units in March 2023; however, from April 2023 to May 2023, the exports remained at a lower figure.

In value terms, spectacle glass lenses exports rose sharply to $95M (IndexBox estimates) in May 2023. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when exports increased by 21% against the previous month. As a result, the exports attained the peak of $96M. From April 2023 to May 2023, the growth of the exports remained at a lower figure.

Thailand Spectacle Glass Lenses Exports by Type

Lenses, spectacle; unmounted, of materials other than glass (20M units) was the largest type of spectacle glass lenses exported from Thailand, accounting for a 99.9% share of total exports. It was followed by lenses, spectacle; unmounted, of glass, excluding elements of glass not optically worked (187 units), with less than 0.1% share of total exports.

From May 2022 to May 2023, the average monthly rate of growth in terms of the volume of export of lenses, spectacle; unmounted, of materials other than glass was relatively modest.

In value terms, lenses, spectacle; unmounted, of materials other than glass ($95M) remains the largest type of spectacle glass lenses exported from Thailand, comprising 99.9% of total exports. The second position in the ranking was held by lenses, spectacle; unmounted, of glass, excluding elements of glass not optically worked ($165), with less than 0.1% share of total exports.

From May 2022 to May 2023, the average monthly growth rate of the export volume of lenses, spectacle; unmounted, of materials other than glass was relatively modest.

Thailand Spectacle Glass Lenses Exports by Country

The United States (5.8M units) was the main destination for spectacle glass lenses exports from Thailand, with a 29% share of total exports. Moreover, spectacle glass lenses exports to the United States exceeded the volume sent to the second major destination, Germany (2.2M units), threefold. France (2.2M units) ranked third in terms of total exports with an 11% share.

From May 2022 to May 2023, the average monthly rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (-1.5% per month) and France (+0.5% per month).

In value terms, the largest markets for spectacle glass lenses exported from Thailand were the United States ($19M), the Netherlands ($14M) and France ($11M), with a combined 46% share of total exports. These countries were followed by Germany, China, Japan, the UK, Canada, Australia, Hong Kong, Brazil, India and Italy, which together accounted for a further 40%.

Brazil, with a CAGR of +5.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spectacle glass lenses market in Thailand. 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.

Product coverage:

  • Prodcom 32504153 - Unmounted spectacle lenses other than for the correction of vision
  • Prodcom 32504155 - Unmounted single focal spectacle lenses for the correction of vision, with both sides finished
  • Prodcom 32504159 - Unmounted spectacle lenses for the correction of vision, with both sides finished other than single focal lenses
  • Prodcom 32504170 - Unmounted spectacle lenses for the correction of vision, other than those with both sides finished

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

Recommended posts

Free Data: Spectacle Lenses Of Glass Or Other Materials - Thailand
Table
Spectacle Lenses Of Glass Or Other Materials - Thailand - Table
Dashboard
Spectacle Lenses Of Glass Or Other Materials - Thailand - Dashboard
Report
Spectacle Lenses Of Glass Or Other Materials - Thailand - Report