Northern America: Spectacle Non-Plastic Frame Market 2024

Spectacle Non-Plastic Frame Market Size in Northern America

In 2021, after two years of decline, there was significant growth in the North American spectacle non-plastic frame market, when its value increased by 33% to $X. Over the period under review, consumption, however, saw a mild slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Spectacle Non-Plastic Frame Production in Northern America

In value terms, spectacle non-plastic frame production shrank rapidly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 when the production volume increased by 185%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Spectacle Non-Plastic Frame Exports

Exports in Northern America

Spectacle non-plastic frame exports soared to X units in 2021, increasing by 58% against 2020 figures. The total export volume increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectacle non-plastic frame exports skyrocketed to $X in 2021. Overall, exports, however, showed a slight descent. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States was the key exporting country with an export of around X units, which reached 88% of total exports. It was distantly followed by Canada (X units), making up a 12% share of total exports.

The United States was also the fastest-growing in terms of the non-plastic frames and mountings for spectacles and goggles exports, with a CAGR of +3.0% from 2012 to 2021. Canada (-1.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +5 percentage points.

In value terms, the United States ($X) remains the largest spectacle non-plastic frame supplier in Northern America, comprising 86% of total exports. The second position in the ranking was held by Canada ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the United States was relatively modest.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, which is down by -4.5% against the previous year. Overall, the export price showed a perceptible downturn. The pace of growth was the most pronounced in 2020 when the export price increased by 5.5%. Over the period under review, the 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 amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-3.2%).

Spectacle Non-Plastic Frame Imports

Imports in Northern America

In 2021, the amount of non-plastic frames and mountings for spectacles and goggles imported in Northern America skyrocketed to X units, with an increase of 52% on 2020. Overall, imports, however, saw a mild descent. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, spectacle non-plastic frame imports surged to $X in 2021. In general, imports, however, showed a mild decline. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United States prevails in imports structure, reaching X units, which was near 93% of total imports in 2021. It was distantly followed by Canada (X units), comprising a 7.3% share of total imports.

The United States was also the fastest-growing in terms of the non-plastic frames and mountings for spectacles and goggles imports, with a CAGR of -1.2% from 2012 to 2021. Canada (-3.8%) illustrated a downward trend over the same period. The United States (+1.8 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -1.8% from 2012 to 2021, respectively.

In value terms, the United States ($X) constitutes the largest market for imported non-plastic frames and mountings for spectacles and goggles in Northern America, comprising 86% of total imports. The second position in the ranking was taken by Canada ($X), with a 14% share of total imports.

In the United States, spectacle non-plastic frame imports decreased by an average annual rate of -1.0% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, shrinking by -4.3% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 4.8%. The level of import peaked at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+1.1%).

Source: IndexBox Platform

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