MENA: Personal Spectacle Optics Market 2025

Personal Spectacle Optics Market Size in MENA

In 2022, the MENA's personal spectacle optics market increased by X% to $X, rising for the second consecutive year after five years of decline. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Personal Spectacle Optics Production in MENA

In value terms, personal spectacle optics production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Personal Spectacle Optics Exports

Exports in MENA

Personal spectacle optics exports skyrocketed to X units in 2022, jumping by X% against the previous year. Over the period under review, exports continue to indicate prominent growth. The growth pace was the most rapid in 2020 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, personal spectacle optics exports soared to $X in 2022. Overall, exports recorded a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from the United Arab Emirates (X units), Israel (X units) and Turkey (X units), together accounting for X% of total export.

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

In value terms, the United Arab Emirates ($X) emerged as the largest personal spectacle optics supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Israel ($X), with a X% share of total exports.

In the United Arab Emirates, personal spectacle optics exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the export price in MENA amounted to $X per unit, surging by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Personal Spectacle Optics Imports

Imports in MENA

In 2022, approx. X units of personal spectacle optics were imported in MENA; declining by X% against the year before. Over the period under review, imports recorded a pronounced contraction. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then shrank rapidly in the following year.

In value terms, personal spectacle optics imports expanded rapidly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates was the largest importer of personal spectacle optics in MENA, with the volume of imports recording X units, which was near X% of total imports in 2022. Israel (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Turkey (X%) and Qatar (X%). The following importers - Iraq (X units), Egypt (X units), Kuwait (X units) and Algeria (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Israel (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest personal spectacle optics importing markets in MENA were the United Arab Emirates ($X), Turkey ($X) and Israel ($X), together accounting for X% of total imports. Qatar, Kuwait, Iraq, Algeria and Egypt lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Algeria, with a CAGR of X%, saw the highest growth rate of 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 import price in MENA amounted to $X per unit, surging by X% against the previous year. In general, the import price saw a strong increase. Over the period under review, import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Kuwait ($X per unit), while Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform