ASEAN: Personal Spectacle Optics Market 2025

Personal Spectacle Optics Market Size in ASEAN

The ASEAN personal spectacle optics market fell slightly to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption, however, showed a abrupt downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Personal Spectacle Optics Production in ASEAN

In value terms, personal spectacle optics production shrank to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Personal Spectacle Optics Exports

Exports in ASEAN

Personal spectacle optics exports shrank slightly to X units in 2022, reducing by X% against 2021 figures. Total exports indicated resilient 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. The pace of growth was the most pronounced in 2016 with an increase of X%. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, personal spectacle optics exports contracted modestly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand represented the key exporting country with an export of around X units, which finished at X% of total exports. It was distantly followed by Malaysia (X units), Singapore (X units) and Vietnam (X units), together comprising a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) remains the largest personal spectacle optics supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In Thailand, personal spectacle optics exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, leveling off at the previous year. In general, the export price, however, continues to indicate a perceptible decrease. The growth pace was the most rapid in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 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 Singapore ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

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

Personal Spectacle Optics Imports

Imports in ASEAN

Personal spectacle optics imports surged to X units in 2022, picking up by X% against 2021 figures. Total imports indicated a resilient increase 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. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, personal spectacle optics imports soared to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Thailand was the key importing country with an import of about X units, which finished at X% of total imports. It was distantly followed by Indonesia (X units), the Philippines (X units), Malaysia (X units) and Singapore (X units), together achieving a X% share of total imports. Vietnam (X units) took a relatively small share of total imports.

Imports into Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%), Indonesia (X%), the Philippines (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand, Indonesia, Vietnam and the Philippines increased by X, X, X and X percentage points, respectively.

In value terms, Thailand ($X), Singapore ($X) and Indonesia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Vietnam, Malaysia and the Philippines lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Vietnam, 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 leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, picking up by X% against the previous year. In general, the import price, however, saw a abrupt contraction. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform