Cuba: Spectacle Plastic Frame Market 2025

Spectacle Plastic Frame Market Size in Cuba

The Cuban spectacle plastic frame market reached $X in 2021, approximately equating the previous year. Overall, consumption posted resilient growth. Spectacle plastic frame consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Spectacle Plastic Frame Production in Cuba

In value terms, spectacle plastic frame production rose slightly to $X in 2021 estimated in export price. Overall, production posted a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 74%. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Spectacle Plastic Frame Exports

Exports from Cuba

For the seventh year in a row, Cuba recorded growth in shipments abroad of plastic frames and mountings for spectacles and goggles, which increased by 20% to X units in 2021. Overall, exports recorded significant growth. The growth pace was the most rapid in 2013 with an increase of 107%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, spectacle plastic frame exports soared to $X in 2021. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 295%. The exports peaked in 2021 and are likely to continue growth in the near future.

Exports by Country

France (X units) and South Korea (X units) were the main destinations of spectacle plastic frame exports from Cuba.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of 0.0%).

In value terms, France ($X) and South Korea ($X) were the largest markets for spectacle plastic frame exported from Cuba worldwide.

France, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average spectacle plastic frame export price amounted to $X per unit, approximately equating the previous year. Overall, the export price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 91%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020, and then shrank in the following year.

Prices varied noticeably country of destination: the country with the highest price was France ($X per unit), while the average price for exports to South Korea totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Plastic Frame Imports

Imports into Cuba

Spectacle plastic frame imports into Cuba stood at X units in 2021, therefore, remained relatively stable against the year before. Over the period under review, imports showed a notable increase. The pace of growth appeared the most rapid in 2016 with an increase of 1,066% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, spectacle plastic frame imports totaled $X in 2021. Overall, imports enjoyed a notable increase. The pace of growth appeared the most rapid in 2016 when imports increased by 490%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of spectacle plastic frame to Cuba, accounting for a approx. 98% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +3.2%.

In value terms, China ($X) constituted the largest supplier of plastic frames and mountings for spectacles and goggles to Cuba.

From 2012 to 2021, the average annual growth rate of value from China totaled +6.5%.

Import Prices by Country

The average spectacle plastic frame import price stood at $X per unit in 2021, remaining constant against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 115%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to +3.2% per year.

Source: IndexBox Platform

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