Report Update: Nov 1, 2024

China - Frames And Mountings For Spectacles, Goggles Or The Like - Market Analysis, Forecast, Size, Trends and Insights

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Spectacle Frame Prices in China

China Spectacle Frame Export Price in September 2022

In September 2022, the spectacle frame price amounted to $8.3 per unit (FOB, China), shrinking by -4.6% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in March 2022 when the average export price increased by 51% against the previous month. As a result, the export price attained the peak level of $11.0 per unit. From April 2022 to September 2022, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In September 2022, the country with the highest price was Hong Kong SAR ($22.3 per unit), while the average price for exports to Indonesia ($2.6 per unit) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

China Spectacle Frame Export Prices by Type

Average prices varied somewhat for the major types of exported product. In September 2022, the product with the highest price was non-plastic frames and mountings for spectacles and goggles ($10.1 per unit), while the average price for exports of plastic frames and mountings for spectacles and goggles amounted to $7.2 per unit.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: spectacle plastic frame (+1.5%).

China Spectacle Frame Exports

In September 2022, overseas shipments of frames and mountings for spectacles, goggles or the like were finally on the rise to reach 20M units for the first time since June 2022, thus ending a two-month declining trend. Overall, exports, however, continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in April 2022 with an increase of 57% m-o-m. The exports peaked at 28M units in January 2022; however, from February 2022 to September 2022, the exports failed to regain momentum.

In value terms, spectacle frame exports expanded slightly to $168M (IndexBox estimates) in September 2022. Over the period under review, exports, however, showed a noticeable decline. The pace of growth was the most pronounced in March 2022 when exports increased by 29% month-to-month. The exports peaked at 208M units in January 2022; however, from February 2022 to September 2022, the exports failed to regain momentum.

China Spectacle Frame Exports by Type

Plastic frames and mountings for spectacles and goggles (13M units) and non-plastic frames and mountings for spectacles and goggles (7.7M units) were the main products of spectacle frame exports from China.

From January 2022 to September 2022, the biggest increases were in spectacle non-plastic frame (with a CAGR of -3.7%).

In value terms, the most traded types of frames and mountings for spectacles, goggles or the like in China were plastic frames and mountings for spectacles and goggles ($90M) and non-plastic frames and mountings for spectacles and goggles ($78M).

Spectacle plastic frame, with a CAGR of -2.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main product categories over the period under review.

China Spectacle Frame Exports by Country

India (3.4M units), the United States (2.9M units) and Hong Kong SAR (1.4M units) were the main destinations of spectacle frame exports from China, with a combined 38% share of total exports. These countries were followed by Italy, Mexico, the Philippines, Japan, Singapore, France, Australia, Indonesia, Thailand and the UK, which together accounted for a further 36%.

From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +38.5%), while the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($31M), the United States ($29M) and Italy ($24M) were the largest markets for spectacle frame exported from China worldwide, with a combined 50% share of total exports. India, Japan, the Philippines, France, the UK, Singapore, Australia, Mexico, Thailand and Indonesia lagged somewhat behind, together accounting for a further 31%.

Among the main countries of destination, Singapore, with a CAGR of +26.7%, recorded the highest growth rate of the value of exports, 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 frame market in China. 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 32504350 - Plastic frames and mountings for spectacles, goggles or the like
Prodcom 32504390 - Non-plastic frames and mountings for spectacles, goggles and the like

Country coverage:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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