Africa: Personal Spectacle Optics Market 2025

Personal Spectacle Optics Market Size in Africa

The African personal spectacle optics market soared to $X in 2022, with an increase of X% against the previous year. The total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Personal Spectacle Optics Production in Africa

In value terms, personal spectacle optics production shrank notably to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Personal Spectacle Optics Exports

Exports in Africa

In 2022, shipments abroad of personal spectacle optics increased by X% to X units, rising for the second year in a row after two years of decline. Total exports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, personal spectacle optics exports fell to $X in 2022. In general, exports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa (X units) and Equatorial Guinea (X units) dominates exports structure, together constituting X% of total exports. It was distantly followed by Mauritius (X units), achieving a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Equatorial Guinea (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, South Africa ($X) remains the largest personal spectacle optics supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Mauritius ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and Equatorial Guinea (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, falling by X% against the previous year. Overall, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($X per unit), while Equatorial Guinea (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the export price figures.

Personal Spectacle Optics Imports

Imports in Africa

Personal spectacle optics imports surged to X units in 2022, growing by X% compared with the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, personal spectacle optics imports amounted to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

South Africa prevails in imports structure, recording X units, which was near X% of total imports in 2022. Angola (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Rwanda (X%). The following importers - Nigeria (X units), Mozambique (X units), Egypt (X units) and Zambia (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to personal spectacle optics imports into South Africa stood at X%. At the same time, Rwanda (X%), Mozambique (X%), Zambia (X%), Egypt (X%) and Angola (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Nigeria experienced a relatively flat trend pattern. Rwanda (X p.p.) and Angola (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported personal spectacle optics in Africa, comprising X% of total imports. The second position in the ranking was held by Rwanda ($X), with an X% share of total imports. It was followed by Nigeria, with a X% share.

In South Africa, personal spectacle optics imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Rwanda (X% per year) and Nigeria (X% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Rwanda ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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