Report Update Nov 1, 2024

Colombia - Non-Plastic Frames and Mountings for Spectacles and Goggles - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in Colombia

In 2021, the Colombian spectacle non-plastic frame market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, showed a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Spectacle Non-Plastic Frame Exports

Exports from Colombia

In 2021, shipments abroad of non-plastic frames and mountings for spectacles and goggles increased by 11% to X units, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate a temperate expansion. The growth pace was the most rapid in 2017 with an increase of 244% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, spectacle non-plastic frame exports soared to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 268%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ecuador (X units), Guatemala (X units) and Panama (X units) were the main destinations of spectacle non-plastic frame exports from Colombia, together accounting for 74% of total exports.

From 2012 to 2021, the biggest increases were recorded for Panama (with a CAGR of +34.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Guatemala ($X) emerged as the key foreign market for non-plastic frames and mountings for spectacles and goggles exports from Colombia, comprising 41% of total exports. The second position in the ranking was taken by Panama ($X), with a 13% share of total exports. It was followed by Ecuador, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Guatemala amounted to -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+22.5% per year) and Ecuador (-12.1% per year).

Export Prices by Country

The average spectacle non-plastic frame export price stood at $X per unit in 2021, rising by 6.1% against the previous year. Overall, the export price, however, showed a noticeable downturn. The growth pace was the most rapid in 2018 an increase of 19%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Guatemala ($X per unit), while the average price for exports to Ecuador ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Non-Plastic Frame Imports

Imports into Colombia

In 2021, supplies from abroad of non-plastic frames and mountings for spectacles and goggles increased by 75% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, faced a deep downturn. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, spectacle non-plastic frame imports soared to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt slump. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X units), Italy (X units) and Hong Kong SAR (X units) were the main suppliers of spectacle non-plastic frame imports to Colombia, with a combined 59% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +21.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest spectacle non-plastic frame suppliers to Colombia were Italy ($X), China ($X) and the United States ($X), with a combined 49% share of total imports. Hong Kong SAR, Spain and Brazil lagged somewhat behind, together comprising a further 9.8%.

Spain, with a CAGR of +15.0%, 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 non-plastic frame import price stood at $X per unit in 2021, declining by -25.9% against the previous year. In general, the import price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 67%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+38.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-plastic frames and mountings for spectacles and goggles in the world?

The countries with the highest volumes of in 2021 were South Africa, China and the United States, with a combined 56% share of global consumption. These countries were followed by Japan, Indonesia, Italy, France, South Korea and Mexico, which together accounted for a further 20%.

What are the largest producers of non-plastic frames and mountings for spectacles and goggles in the world?

China constituted the country with the largest volume of spectacle non-plastic frame production, comprising approx. 48% of total volume. Moreover, spectacle non-plastic frame production in China exceeded the figures recorded by the second-largest producer, Indonesia, sixfold. The third position in this ranking was occupied by Japan, with a 7.6% share.

What are the leading suppliers of non-plastic frames and mountings for spectacles and goggles to Colombia?

In value terms, China constituted the largest supplier of spectacle non-plastic frame to Colombia.

What are the leading importers of non-plastic frames and mountings for spectacles and goggles from Colombia?

In value terms, the largest markets for spectacle non-plastic frame exported from Colombia were Costa Rica, the United States and Mexico, with a combined 60% share of total exports. Italy, Ecuador, El Salvador and Bolivia lagged somewhat behind, together accounting for a further 30%.

What is the average export price for non-plastic frames and mountings for spectacles and goggles in Colombia?

The average spectacle non-plastic frame export price stood at $9.6 per unit in 2021, waning by -46.1% against the previous year.

What is the average import price for non-plastic frames and mountings for spectacles and goggles in Colombia?

In 2021, the average spectacle non-plastic frame import price amounted to $27 per unit, picking up by 3.7% against the previous year.

This report provides an in-depth analysis of the spectacle non-plastic frame market in Colombia. 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 32504390 - Non-plastic frames and mountings for spectacles, goggles and the like

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

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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
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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