Report Update Nov 1, 2024

Belarus - Frames and Mountings for Spectacles, Goggles or the Like - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Spectacle Frame Market 2024

Spectacle Frame Market Size in Belarus

In 2022, the Belarusian spectacle frame market decreased by X% to $X, falling for the second consecutive year after four years of growth. Overall, consumption saw a perceptible contraction. Spectacle frame consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Spectacle Frame Exports

Exports from Belarus

In 2022, approx. X units of frames and mountings for spectacles, goggles or the like were exported from Belarus; with a decrease of X% against the previous year. Over the period under review, exports, however, showed a resilient expansion. 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 hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, spectacle frame exports rose sharply to $X in 2022. In general, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Russia (X units) was the main destination for spectacle frame exports from Belarus, accounting for a X% share of total exports. Moreover, spectacle frame exports to Russia exceeded the volume sent to the second major destination, Latvia (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at X%.

In value terms, Russia ($X) remains the key foreign market for frames and mountings for spectacles, goggles or the like exports from Belarus, comprising X% of total exports. The second position in the ranking was taken by Latvia ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the average spectacle frame export price amounted to $X per unit, rising by X% against the previous year. In general, the export price continues to indicate a noticeable increase. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per unit), while the average price for exports to Russia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Spectacle Frame Imports

Imports into Belarus

In 2022, overseas purchases of frames and mountings for spectacles, goggles or the like decreased by X% to X units, falling for the second year in a row after four years of growth. Over the period under review, imports recorded a pronounced contraction. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, spectacle frame imports shrank notably to $X in 2022. In general, imports recorded a perceptible contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of spectacle frame to Belarus, accounting for a X% share of total imports. Moreover, spectacle frame imports from China exceeded the figures recorded by the second-largest supplier, Russia (X units), twofold.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%.

In value terms, Russia ($X) and China ($X) were the largest spectacle frame suppliers to Belarus.

In terms of the main suppliers, Russia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average spectacle frame import price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per unit), while the price for China stood at $X per unit.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frames and mountings for spectacles, goggles or the like in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, together accounting for 51% of global consumption. Mexico, Italy, Japan, Indonesia, France, Bangladesh, Hong Kong SAR and the Philippines lagged somewhat behind, together comprising a further 25%.

What are the largest producers of frames and mountings for spectacles, goggles or the like in the world?

China remains the largest spectacle frame producing country worldwide, accounting for 61% of total volume. Moreover, spectacle frame production in China exceeded the figures recorded by the second-largest producer, Italy, tenfold. The third position in this ranking was occupied by Hong Kong SAR, with a 5.7% share.

What are the leading suppliers of frames and mountings for spectacles, goggles or the like to Belarus?

In value terms, the largest spectacle frame suppliers to Belarus were Russia and China.

What are the leading importers of frames and mountings for spectacles, goggles or the like from Belarus?

In value terms, Russia remains the key foreign market for spectacle frame exports from Belarus, comprising 85% of total exports. The second position in the ranking was occupied by Latvia, with a 15% share of total exports.

What is the average export price for frames and mountings for spectacles, goggles or the like in Belarus?

The average spectacle frame export price stood at $28 per unit in 2021, with a decrease of -7.1% against the previous year.

What is the average import price for frames and mountings for spectacles, goggles or the like in Belarus?

In 2021, the average spectacle frame import price amounted to $8.1 per unit, shrinking by -31% against the previous year.

This report provides an in-depth analysis of the spectacle frame market in Belarus. 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 32504350 - Plastic frames and mountings for spectacles, goggles or the like
Prodcom 32504390 - Non-plastic frames and mountings for spectacles, goggles and the like

Country coverage:

Belarus

Data coverage:

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