Kenya: Spectacle Glass Lenses Market 2025

Spectacle Glass Lenses Market Size in Kenya

In 2022, after four years of growth, there was significant decline in the Kenyan spectacle glass lenses market, when its value decreased by -27.4% to $X. Over the period under review, consumption, however, continues to indicate a strong expansion. As a result, consumption reached the peak level of $X, and then reduced dramatically in the following year.

Spectacle Glass Lenses Exports

Exports from Kenya

In 2022, overseas shipments of spectacle lenses of glass or other materials decreased by -41.4% to X units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 186% against the previous year. As a result, the exports attained the peak of X units, and then dropped remarkably in the following year.

In value terms, spectacle glass lenses exports reduced notably to $X in 2022. Overall, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 106%. As a result, the exports reached the peak of $X, and then shrank remarkably in the following year.

Exports by Country

Tanzania (X units), the United Arab Emirates (X units) and Rwanda (X units) were the main destinations of spectacle glass lenses exports from Kenya, with a combined 91% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +43.7%), while the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X), the United Arab Emirates ($X) and France ($X) constituted the largest markets for spectacle glass lenses exported from Kenya worldwide, together accounting for 87% of total exports.

The United Arab Emirates, with a CAGR of +50.2%, saw the highest growth rate of 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 27% against the previous year. Overall, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 69%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Spectacle Glass Lenses Imports

Imports into Kenya

Spectacle glass lenses imports into Kenya shrank remarkably to X units in 2022, dropping by -23.8% compared with the previous year's figure. In general, imports, however, saw a noticeable expansion. The pace of growth was the most pronounced in 2021 with an increase of 125%. As a result, imports reached the peak of X units, and then declined rapidly in the following year.

In value terms, spectacle glass lenses imports declined markedly to $X in 2022. Overall, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 148% against the previous year. As a result, imports reached the peak of $X, and then shrank markedly in the following year.

Imports by Country

In value terms, the largest spectacle glass lenses suppliers to Kenya were Turkey ($X), China ($X) and the United Arab Emirates ($X), together comprising 80% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +68.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average spectacle glass lenses import price amounted to $X per unit, shrinking by -8% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 +11.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 73% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :