Report Update Nov 1, 2024

Libya - Spectacles and Goggles - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Spectacles And Goggles Market 2024

Spectacles And Goggles Market Size in Libya

The Libyan spectacles and goggles market reduced dramatically to $X in 2021, dropping by -20% 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). Over the period under review, consumption showed a abrupt curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Spectacles And Goggles Exports

Exports from Libya

Spectacles and goggles exports from Libya totaled X units in 2021, almost unchanged from the previous year's figure. In general, exports saw a abrupt setback. The smallest decline of -57.3% was in 2016. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, spectacles and goggles exports totaled $X in 2021. Overall, exports recorded a resilient increase. The smallest decline of -35.8% was in 2016. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X units) was the main destination for spectacles and goggles exports from Libya, accounting for a approx. 100% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to the Czech Republic was relatively modest.

From 2013 to 2021, the average annual growth rate of value to the Czech Republic was relatively modest.

Export Prices by Country

The average spectacles and goggles export price stood at $X per unit in 2021, flattening at the previous year. Over the period under review, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 130%. The export price peaked in 2021 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2013 to 2021, the rate of growth in terms of prices for Turkey amounted to +49.7% per year.

Spectacles And Goggles Imports

Imports into Libya

In 2021, approx. X units of spectacles and goggles were imported into Libya; dropping by -45.8% compared with the previous year's figure. In general, imports saw a significant decline. The most prominent rate of growth was recorded in 2013 with an increase of 71%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, spectacles and goggles imports contracted to $X in 2021. Overall, imports saw a mild downturn. The most prominent rate of growth was recorded in 2019 with an increase of 80% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of spectacles and goggles to Libya, accounting for a 47% share of total imports. Moreover, spectacles and goggles imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), twofold. The third position in this ranking was taken by Italy (X units), with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -27.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+56.2% per year) and Italy (-24.7% per year).

In value terms, China ($X) constituted the largest supplier of spectacles and goggles to Libya, comprising 59% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 22% share of total imports. It was followed by the UK, with a 3.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+62.3% per year) and the UK (+28.4% per year).

Import Prices by Country

The average spectacles and goggles import price stood at $X per unit in 2021, surging by 71% against the previous year. Over the period under review, the import price recorded significant growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 122% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Taiwan (Chinese) ($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 (+38.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of spectacles and goggles consumption in 2020 were China, the United States and India, together accounting for 41% of global consumption. The UK, Japan, Australia, Mexico, Italy, Germany, Ireland and South Korea lagged somewhat behind, together comprising a further 30%.

What are the largest producers of spectacles and goggles in the world?

The country with the largest volume of spectacles and goggles production was China, accounting for 58% of total volume. Moreover, spectacles and goggles production in China exceeded the figures recorded by the second-largest producer, Taiwan Chinese), sixfold. The third position in this ranking was occupied by India, with a 7.8% share.

What are the leading suppliers of spectacles and goggles to Libya?

In value terms, China constituted the largest supplier of spectacles and goggles to Libya, comprising 45% of total imports. The second position in the ranking was occupied by Turkey, with a 14% share of total imports. It was followed by the United Arab Emirates, with a 6.2% share.

What is the average export price for spectacles and goggles in Libya?

The average spectacles and goggles export price stood at $3.2 per unit in 2017, rising by 5.6% against the previous year.

What is the average import price for spectacles and goggles in Libya?

The average spectacles and goggles import price stood at $1.2 per unit in 2020, with an increase of 86% against the previous year.

This report provides an in-depth analysis of the spectacles and goggles market in Libya. 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 32504290 - Spectacles, goggles and the like, corrective, protective or other (excluding sunglasses)

Country coverage:

Libya

Data coverage:

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