Report Update Nov 1, 2024

Algeria - Spectacles and Goggles - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Spectacles And Goggles Market 2024

Spectacles And Goggles Market Size in Algeria

In 2021, the Algerian spectacles and goggles market increased by 9.9% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, recorded a abrupt contraction. Spectacles and goggles consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Spectacles And Goggles Exports

Exports from Algeria

For the fourth consecutive year, Algeria recorded growth in shipments abroad of spectacles and goggles, which increased by 60% to X units in 2021. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2018 when exports increased by 6,667%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, spectacles and goggles exports surged to $X in 2021. Overall, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 3,864%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in years to come.

Exports by Country

Tunisia (X units) was the main destination for spectacles and goggles exports from Algeria, with a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Tunisia was relatively modest.

In value terms, Tunisia ($X) emerged as the key foreign market for spectacles and goggles exports from Algeria, comprising 8.9% of total exports. The second position in the ranking was taken by Canada ($X), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Tunisia was relatively modest.

Export Prices by Country

In 2021, the average spectacles and goggles export price amounted to $X per unit, declining by -2.5% against the previous year. Over the period under review, the export price recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 126%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Tunisia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-8.8%).

Spectacles And Goggles Imports

Imports into Algeria

In 2021, supplies from abroad of spectacles and goggles increased by 5.8% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 38%. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, spectacles and goggles imports surged to $X in 2021. Overall, imports posted a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by 24% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

Taiwan (Chinese) (X units), China (X units) and Malaysia (X units) were the main suppliers of spectacles and goggles imports to Algeria, with a combined 92% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +82.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of spectacles and goggles to Algeria, comprising 76% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 6.5% share of total imports. It was followed by France, with a 3.8% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-9.4% per year) and France (+8.4% per year).

Import Prices by Country

The average spectacles and goggles import price stood at $X per unit in 2021, increasing by 13% against the previous year. Overall, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2018 an increase of 563%. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Malaysia (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+47.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for spectacles and goggles in the world?

The countries with the highest volumes of spectacles and goggles consumption in 2020 were China, the United States and India, with a combined 41% share of global consumption. The UK, Japan, Australia, Mexico, Italy, Germany, Ireland and South Korea lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of spectacles and goggles in the world?

The country with the largest volume of spectacles and goggles production was China, accounting for 58% of total volume. Moreover, spectacles and goggles production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), sixfold. The third position in this ranking was occupied by India, with a 7.8% share.

What are the leading suppliers of spectacles and goggles to Algeria?

In value terms, the United Arab Emirates constituted the largest supplier of spectacles and goggles to Algeria.

What are the leading importers of spectacles and goggles from Algeria?

In value terms, China $265) emerged as the key foreign market for spectacles and goggles exports from Algeria, comprising 99% of total exports. The second position in the ranking was occupied by France $4), with a 1.5% share of total exports.

What is the average export price for spectacles and goggles in Algeria?

In 2020, the average spectacles and goggles export price amounted to $5.1 per unit, reducing by -8.5% against the previous year.

What is the average import price for spectacles and goggles in Algeria?

The average spectacles and goggles import price stood at $0.7 per unit in 2020, flattening at the previous year.

This report provides an in-depth analysis of the spectacles and goggles market in Algeria. 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 32504290 - Spectacles, goggles and the like, corrective, protective or other (excluding sunglasses)

Country coverage:

Algeria

Data coverage:

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

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