Canada: Spectacle Plastic Frame Market 2025

Spectacle Plastic Frame Market Size in Canada

In 2021, the Canadian spectacle plastic frame market increased by 27% to $X, rising for the second consecutive year after three years of decline. Over the period under review, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +33.5% against 2019 indices. Spectacle plastic frame consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Spectacle Plastic Frame Production in Canada

In value terms, spectacle plastic frame production declined rapidly to $X in 2021 estimated in export price. Overall, production, however, showed significant growth. The growth pace was the most rapid in 2016 when the production volume increased by 1,112% against the previous year. Spectacle plastic frame production peaked at $X in 2020, and then contracted rapidly in the following year.

Spectacle Plastic Frame Exports

Exports from Canada

In 2021, shipments abroad of plastic frames and mountings for spectacles and goggles decreased by -27.8% to X units, falling for the second year in a row after four years of growth. In general, exports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of 58% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, spectacle plastic frame exports rose markedly to $X in 2021. Over the period under review, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 42% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for spectacle plastic frame exports from Canada, with a 93% share of total exports. It was followed by France (X units), with a 2.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +8.8%.

In value terms, the United States ($X) remains the key foreign market for plastic frames and mountings for spectacles and goggles exports from Canada, comprising 91% of total exports. The second position in the ranking was held by France ($X), with a 2.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +7.7%.

Export Prices by Country

In 2021, the average spectacle plastic frame export price amounted to $X per unit, picking up by 54% against the previous year. Over the period under review, the export price, however, recorded a mild slump. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to France stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.1%).

Spectacle Plastic Frame Imports

Imports into Canada

Spectacle plastic frame imports into Canada soared to X units in 2021, with an increase of 29% compared with 2020. Overall, total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -2.7% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of 38% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, spectacle plastic frame imports surged to $X in 2021. In general, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest spectacle plastic frame supplier to Canada, accounting for a 74% share of total imports. Moreover, spectacle plastic frame imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), ninefold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.6% per year) and Taiwan (Chinese) (+15.0% per year).

In value terms, China ($X), Italy ($X) and Japan ($X) appeared to be the largest spectacle plastic frame suppliers to Canada, together comprising 86% of total imports. These countries were followed by France, Spain, Taiwan (Chinese), the United States, Bangladesh and South Korea, which together accounted for a further 8.9%.

Spain, with a CAGR of +64.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average spectacle plastic frame import price stood at $X per unit in 2021, growing by 8.4% against the previous year. Over the period under review, the import price, however, continues to indicate a mild slump. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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