Australia and Oceania: Spectacle Frame Market 2024

Spectacle Frame Market Size in Australia and Oceania

The spectacle frame market in Australia and Oceania expanded modestly to $X in 2022, surging by X% against the previous year. In general, consumption showed a pronounced decrease. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Spectacle Frame Production in Australia and Oceania

In value terms, spectacle frame production reduced to $X in 2022 estimated in export price. The total production indicated modest 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Spectacle Frame Exports

Exports in Australia and Oceania

Spectacle frame exports fell dramatically to X units in 2022, declining by X% against the previous year's figure. In general, exports faced a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, spectacle frame exports declined dramatically to $X in 2022. Over the period under review, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Australia prevails in exports structure, reaching X units, which was near X% of total exports in 2022. It was distantly followed by New Zealand (X units), comprising a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to spectacle frame exports from Australia stood at X%. New Zealand (X%) illustrated a downward trend over the same period. New Zealand (X p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest spectacle frame supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Spectacle Frame Imports

Imports in Australia and Oceania

In 2022, the amount of frames and mountings for spectacles, goggles or the like imported in Australia and Oceania reduced to X units, which is down by X% compared with the year before. Overall, imports recorded a pronounced setback. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, spectacle frame imports totaled $X in 2022. In general, imports saw a perceptible curtailment. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Australia dominates imports structure, recording X units, which was approx. X% of total imports in 2022. It was distantly followed by New Zealand (X units), creating a X% share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported frames and mountings for spectacles, goggles or the like in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia stood at X%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, growing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Source: IndexBox Platform

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