Report Update Nov 1, 2024

Egypt - Spectacle Lenses of Glass or Other Materials - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Egypt: Spectacle Glass Lenses Market 2024

Spectacle Glass Lenses Market Size in Egypt

The Egyptian spectacle glass lenses market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption showed temperate growth. Spectacle glass lenses consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Spectacle Glass Lenses Exports

Exports from Egypt

Spectacle glass lenses exports from Egypt soared to X units in 2022, picking up by 1,873% compared with the previous year. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,959%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, spectacle glass lenses exports surged to $X in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 4,855% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X units), the United Arab Emirates (X units) and Libya (X units) were the main destinations of spectacle glass lenses exports from Egypt, together accounting for 90% of total exports. These countries were followed by Hungary, which accounted for a further 9.1%.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +68.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the United Arab Emirates ($X) and Libya ($X) appeared to be the largest markets for spectacle glass lenses exported from Egypt worldwide, together accounting for 87% of total exports. These countries were followed by Hungary, which accounted for a further 12%.

Hungary, with a CAGR of +101.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average spectacle glass lenses export price amounted to $X per unit, surging by 15% against the previous year. In general, the export price saw a strong increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 62% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Hungary ($X per unit) and Italy ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) and Libya ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+19.3%), while the prices for the other major destinations experienced mixed trend patterns.

Spectacle Glass Lenses Imports

Imports into Egypt

In 2022, purchases abroad of spectacle lenses of glass or other materials increased by 35% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a measured increase. The growth pace was the most rapid in 2015 when imports increased by 103%. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, spectacle glass lenses imports soared to $X in 2022. In general, imports showed a moderate increase. The pace of growth appeared the most rapid in 2018 when imports increased by 51%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of spectacle glass lenses to Egypt, accounting for a 94% share of total imports. It was followed by South Korea (X units), with a 1.6% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +5.2%.

In value terms, China ($X) constituted the largest supplier of spectacle lenses of glass or other materials to Egypt, comprising 94% of total imports. The second position in the ranking was taken by South Korea ($X), with a 1.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +7.0%.

Import Prices by Country

The average spectacle glass lenses import price stood at $X per unit in 2022, shrinking by -7.5% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, spectacle glass lenses import price increased by +147.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 89%. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for spectacle lenses of glass or other materials in the world?

The country with the largest volume of spectacle glass lenses consumption was South Africa, comprising approx. 86% of total volume. It was followed by China, with a 2% share of total consumption.

What are the largest producers of spectacle lenses of glass or other materials in the world?

China constituted the country with the largest volume of spectacle glass lenses production, accounting for 23% of total volume. Moreover, spectacle glass lenses production in China exceeded the figures recorded by the second-largest producer, India, twofold. The Philippines ranked third in terms of total production with a 6.8% share.

What are the leading suppliers of spectacle lenses of glass or other materials to Egypt?

In value terms, China constituted the largest supplier of spectacle glass lenses to Egypt, comprising 70% of total imports. The second position in the ranking was occupied by Germany, with an 8% share of total imports. It was followed by the UK, with a 4% share.

What are the leading importers of spectacle lenses of glass or other materials from Egypt?

In value terms, Italy $867) remains the key foreign market for spectacle glass lenses exports from Egypt, comprising 64% of total exports. The second position in the ranking was occupied by Hungary $269), with a 20% share of total exports. It was followed by Belgium, with a 4.4% share.

What is the average export price for spectacle lenses of glass or other materials in Egypt?

In 2021, the average spectacle glass lenses export price amounted to $51,962 per ton, almost unchanged from the previous year.

What is the average import price for spectacle lenses of glass or other materials in Egypt?

The average spectacle glass lenses import price stood at $152,889 per ton in 2021, dropping by -21.1% against the previous year.

This report provides an in-depth analysis of the spectacle glass lenses market in Egypt. 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 32504153 - Unmounted spectacle lenses other than for the correction of vision
Prodcom 32504155 - Unmounted single focal spectacle lenses for the correction of vision, with both sides finished
Prodcom 32504159 - Unmounted spectacle lenses for the correction of vision, with both sides finished other than single focal lenses
Prodcom 32504170 - Unmounted spectacle lenses for the correction of vision, other than those with both sides finished

Country coverage:

Egypt

Data coverage:

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