Report Update Nov 1, 2024

Russian Federation - Frames and Mountings for Spectacles, Goggles or the Like - Market Analysis, Forecast, Size, Trends and Insights

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Russian Federation: Spectacle Frame Market 2024

Spectacle Frame Market Size in the Russian Federation

The Russian spectacle frame market surged to $X in 2022, picking up by X% against the previous year. In general, consumption continues to indicate a strong increase. Spectacle frame consumption peaked in 2022 and is expected to retain growth in the immediate term.

Spectacle Frame Production in the Russian Federation

In value terms, spectacle frame production dropped dramatically to $X in 2022 estimated in export price. In general, production recorded a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Spectacle Frame Exports

Exports from the Russian Federation

After five years of growth, shipments abroad of frames and mountings for spectacles, goggles or the like decreased by X% to X units in 2022. Over the period under review, exports recorded a pronounced decline. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at X units in 2021, and then contracted remarkably in the following year.

In value terms, spectacle frame exports shrank rapidly to $X in 2022. Overall, exports recorded a slight contraction. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Belarus (X units) was the main destination for spectacle frame exports from Russia, accounting for a X% share of total exports. Moreover, spectacle frame exports to Belarus exceeded the volume sent to the second major destination, Kazakhstan (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to Belarus totaled X%.

In value terms, the largest markets for spectacle frame exported from Russia were Belarus ($X) and Kazakhstan ($X).

Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average spectacle frame export price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price, however, posted a slight expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Belarus amounted to $X per unit.

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

Spectacle Frame Imports

Imports into the Russian Federation

In 2022, approx. X units of frames and mountings for spectacles, goggles or the like were imported into Russia; growing by X% against 2021 figures. In general, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, spectacle frame imports surged to $X in 2022. Overall, imports enjoyed a strong expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main supplier of spectacle frame to Russia, with a X% share of total imports. It was followed by Turkey (X units), with a X% share of total imports. Italy (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

In value terms, China ($X) constituted the largest supplier of frames and mountings for spectacles, goggles or the like to Russia, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average spectacle frame import price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X%. The import price peaked at $X per unit in 2021, and then contracted rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frames and mountings for spectacles, goggles or the like in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 51% share of global consumption. These countries were followed by Mexico, Italy, Japan, Indonesia, France, Bangladesh, Hong Kong SAR and the Philippines, which together accounted for a further 25%.

What are the largest producers of frames and mountings for spectacles, goggles or the like in the world?

China remains the largest spectacle frame producing country worldwide, accounting for 61% of total volume. Moreover, spectacle frame production in China exceeded the figures recorded by the second-largest producer, Italy, tenfold. Hong Kong SAR ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of frames and mountings for spectacles, goggles or the like to the Russian Federation?

In value terms, China constituted the largest supplier of spectacle frame to Russia, comprising 59% of total imports. The second position in the ranking was occupied by Italy, with a 21% share of total imports.

What are the leading importers of frames and mountings for spectacles, goggles or the like from the Russian Federation?

In value terms, the largest markets for spectacle frame exported from Russia were Belarus, Italy and Kazakhstan, together comprising 96% of total exports. These countries were followed by Ukraine, which accounted for a further 3.7%.

What is the average export price for frames and mountings for spectacles, goggles or the like in the Russian Federation?

In 2021, the average spectacle frame export price amounted to $15 per unit, growing by 81% against the previous year.

What is the average import price for frames and mountings for spectacles, goggles or the like in the Russian Federation?

The average spectacle frame import price stood at $4.7 per unit in 2021, picking up by 21% against the previous year.

This report provides an in-depth analysis of the spectacle frame market in the Russian Federation. 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 32504350 - Plastic frames and mountings for spectacles, goggles or the like
Prodcom 32504390 - Non-plastic frames and mountings for spectacles, goggles and the like

Country coverage:

Russia

Data coverage:

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