Report Update Nov 1, 2024

Dominican Republic - Plastic Frames and Mountings for Spectacles and Goggles - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Spectacle Plastic Frame Market 2024

Spectacle Plastic Frame Market Size in the Dominican Republic

The Dominican spectacle plastic frame market skyrocketed to $X in 2021, rising by 198% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a buoyant increase. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Spectacle Plastic Frame Exports

Exports from the Dominican Republic

In 2021, overseas shipments of plastic frames and mountings for spectacles and goggles decreased by -10% to X units, falling for the sixth year in a row after four years of growth. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 748% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, spectacle plastic frame exports totaled $X in 2021. Overall, exports faced a deep reduction. The pace of growth appeared the most rapid in 2015 when exports increased by 553%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Haiti (X units) was the main destination for spectacle plastic frame exports from the Dominican Republic, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Haiti amounted to +6.7%.

In value terms, Haiti ($X) remains the key foreign market for plastic frames and mountings for spectacles and goggles exports from the Dominican Republic, comprising 93% of total exports. The second position in the ranking was held by the United States ($X), with a 1.7% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Haiti stood at +8.3%.

Export Prices by Country

In 2021, the average spectacle plastic frame export price amounted to $X per unit, surging by 11% against the previous year. In general, the export price, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2014 an increase of 19% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Haiti 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 (+2.3%).

Spectacle Plastic Frame Imports

Imports into the Dominican Republic

Spectacle plastic frame imports into the Dominican Republic surged to X units in 2021, rising by 157% against 2020 figures. In general, imports posted a significant increase. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, spectacle plastic frame imports soared to $X in 2021. Over the period under review, imports posted a prominent increase. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest spectacle plastic frame supplier to the Dominican Republic, with a 81% share of total imports. It was followed by the United States (X units), with a 1.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +24.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+25.5% per year) and Italy (-13.6% per year).

In value terms, China ($X) constituted the largest supplier of plastic frames and mountings for spectacles and goggles to the Dominican Republic, comprising 69% of total imports. The second position in the ranking was held by Italy ($X), with a 9.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.8% per year) and the United States (+9.1% per year).

Import Prices by Country

The average spectacle plastic frame import price stood at $X per unit in 2021, increasing by 29% against the previous year. Overall, the import price, however, saw a pronounced downturn. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+21.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China remains the largest spectacle plastic frame consuming country worldwide, accounting for 33% of total volume. Moreover, spectacle plastic frame consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by Mexico, with a 7.4% share.

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

The country with the largest volume of spectacle plastic frame production was China, accounting for 68% of total volume. Moreover, spectacle plastic frame production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR, eightfold. The third position in this ranking was occupied by Italy, with a 5.3% share.

What are the leading suppliers of plastic frames and mountings for spectacles and goggles to the Dominican Republic?

In value terms, China constituted the largest supplier of spectacle plastic frame to the Dominican Republic, comprising 82% of total imports. The second position in the ranking was occupied by Italy, with an 11% share of total imports.

What are the leading importers of plastic frames and mountings for spectacles and goggles from the Dominican Republic?

In value terms, Spain $40) emerged as the key foreign market for spectacle plastic frame exports from the Dominican Republic, comprising 73% of total exports. The second position in the ranking was occupied by the United States $15), with a 27% share of total exports.

What is the average export price for plastic frames and mountings for spectacles and goggles in the Dominican Republic?

The average spectacle plastic frame export price stood at $11 per unit in 2021, dropping by -57.7% against the previous year.

What is the average import price for plastic frames and mountings for spectacles and goggles in the Dominican Republic?

In 2021, the average spectacle plastic frame import price amounted to $11 per unit, increasing by 6.5% against the previous year.

This report provides an in-depth analysis of the spectacle plastic frame market in the Dominican Republic. 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

Country coverage:

Dominican Republic

Data coverage:

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