Australia and Oceania: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in Australia and Oceania

The spectacle non-plastic frame market in Australia and Oceania soared to $X in 2021, rising by 17% against the previous year. In general, consumption, however, saw a perceptible slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Spectacle Non-Plastic Frame Production in Australia and Oceania

In value terms, spectacle non-plastic frame production expanded remarkably to $X in 2021 estimated in export price. Overall, production recorded a prominent increase. The pace of growth appeared the most rapid in 2015 with an increase of 53%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Spectacle Non-Plastic Frame Exports

Exports in Australia and Oceania

In 2021, approx. X units of non-plastic frames and mountings for spectacles and goggles were exported in Australia and Oceania; falling by -60.9% against the year before. Over the period under review, exports showed a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 208%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, spectacle non-plastic frame exports shrank significantly to $X in 2021. In general, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 237% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Australia was the key exporter of non-plastic frames and mountings for spectacles and goggles in Australia and Oceania, with the volume of exports resulting at X units, which was approx. 76% of total exports in 2021. It was distantly followed by New Zealand (X units), constituting a 23% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to spectacle non-plastic frame exports from Australia stood at -14.6%. New Zealand (-1.4%) illustrated a downward trend over the same period. New Zealand (+15 p.p.) significantly strengthened its position in terms of the total exports, while Australia saw its share reduced by -16.1% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest spectacle non-plastic frame supplier in Australia and Oceania, comprising 81% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 19% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to -14.5%.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, rising by 8.7% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the export price increased by 34% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per unit), while New Zealand amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+8.4%).

Spectacle Non-Plastic Frame Imports

Imports in Australia and Oceania

In 2021, approx. X units of non-plastic frames and mountings for spectacles and goggles were imported in Australia and Oceania; growing by 3.6% on the previous year's figure. Over the period under review, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2019 when imports increased by 11% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, spectacle non-plastic frame imports expanded markedly to $X in 2021. In general, imports, however, saw a abrupt shrinkage. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia prevails in imports structure, finishing at X units, which was approx. 89% of total imports in 2021. It was distantly followed by New Zealand (X units), constituting an 8.7% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to spectacle non-plastic frame imports into Australia stood at -7.0%. New Zealand (-2.0%) illustrated a downward trend over the same period. New Zealand (+3.1 p.p.) significantly strengthened its position in terms of the total imports, while Australia saw its share reduced by -1.9% from 2012 to 2021, respectively.

In value terms, Australia ($X) constitutes the largest market for imported non-plastic frames and mountings for spectacles and goggles in Australia and Oceania, comprising 82% of total imports. The second position in the ranking was held by New Zealand ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia totaled -6.7%.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per unit, growing by 1.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 11%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was New Zealand ($X per unit), while Australia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.3%).

Source: IndexBox Platform

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