Asia-Pacific: Personal Spectacle Optics Market 2025

Personal Spectacle Optics Market Size in Asia-Pacific

In 2022, the Asia-Pacific personal spectacle optics market increased by X% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a slight downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Personal Spectacle Optics Production in Asia-Pacific

In value terms, personal spectacle optics production reduced slightly to $X in 2022 estimated in export price. In general, production, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Personal Spectacle Optics Exports

Exports in Asia-Pacific

In 2022, after four years of decline, there was significant growth in overseas shipments of personal spectacle optics, when their volume increased by X% to X units. Over the period under review, exports, however, recorded a perceptible downturn. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, personal spectacle optics exports rose significantly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

China represented the major exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by Taiwan (Chinese) (X units), committing a X% share of total exports. Hong Kong SAR (X units) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to personal spectacle optics exports from China stood at X%. Taiwan (Chinese) (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Taiwan (Chinese) increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest personal spectacle optics supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. The level of export peaked at $X per unit in 2021, and then dropped notably in the following year.

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 Hong Kong SAR ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Personal Spectacle Optics Imports

Imports in Asia-Pacific

In 2022, the amount of personal spectacle optics imported in Asia-Pacific surged to X units, with an increase of X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, personal spectacle optics imports rose remarkably to $X in 2022. The total import 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 growth pace was the most rapid in 2016 with an increase of X%. The level of import peaked at $X in 2018; afterwards, it flattened through to 2022.

Imports by Country

In 2022, India (X units), distantly followed by Thailand (X units), Hong Kong SAR (X units), Australia (X units) and Japan (X units) represented the major importers of personal spectacle optics, together creating X% of total imports. Indonesia (X units) and the Philippines (X units) followed a long way behind the leaders.

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

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported personal spectacle optics in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with a X% share of total imports. It was followed by Japan, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Hong Kong SAR totaled X%. In the other countries, the average annual rates were as follows: Australia (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, reducing 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%. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, 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 Hong Kong SAR ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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