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Report South-Eastern Asia - Spectacle Lenses of Glass or Other Materials - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

South-Eastern Asia - Spectacle Lenses of Glass or Other Materials - Market Analysis, Forecast, Size, Trends and Insights

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South-Eastern Asia: Spectacle Glass Lenses Market 2022

Spectacle Glass Lenses Market Size in South-Eastern Asia

In 2021, the Southeast Asian spectacle glass lenses market decreased by -13.8% to $X, falling for the second consecutive year after four years of growth. In general, consumption, however, continues to indicate a resilient increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Spectacle Glass Lenses Production in South-Eastern Asia

In value terms, spectacle glass lenses production reduced markedly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,022% against the previous year. As a result, production attained the peak level of $X, and then shrank notably in the following year.

Spectacle Glass Lenses Exports

Exports in South-Eastern Asia

Spectacle glass lenses exports surged to X tons in 2021, growing by 19% on the year before. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 1,248%. The volume of export peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, spectacle glass lenses exports soared to $X in 2021. The total export value increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 36%. The level of export peaked at $X in 2018; afterwards, it flattened through to 2021.

Exports by Country

Thailand dominates exports structure, recording X tons, which was near 97% of total exports in 2021. The Philippines (X tons) held a little share of total exports.

Thailand was also the fastest-growing in terms of the spectacle lenses of glass or other materials exports, with a CAGR of +57.5% from 2012 to 2021. At the same time, the Philippines (+5.8%) displayed positive paces of growth. From 2012 to 2021, the share of Thailand increased by +55 percentage points.

In value terms, Thailand ($X) remains the largest spectacle glass lenses supplier in South-Eastern Asia, comprising 70% of total exports. The second position in the ranking was held by the Philippines ($X), with a 15% share of total exports.

In Thailand, spectacle glass lenses exports increased at an average annual rate of +4.8% over the period from 2012-2021.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, remaining stable against the previous year. Over the period under review, the export price, however, faced a significant curtailment. The pace of growth was the most pronounced in 2013 when the export price increased by 13% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the export prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Philippines ($X per ton), while Thailand stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (-1.7%).

Spectacle Glass Lenses Imports

Imports in South-Eastern Asia

For the fifth consecutive year, South-Eastern Asia recorded growth in supplies from abroad of spectacle lenses of glass or other materials, which increased by 17% to X tons in 2021. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 463% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, spectacle glass lenses imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by 21% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

The purchases of the one major importers of spectacle lenses of glass or other materials, namely Thailand, represented more than two-thirds of total import.

Thailand was also the fastest-growing in terms of the spectacle lenses of glass or other materials imports, with a CAGR of +64.8% from 2012 to 2021. Thailand (+46 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported spectacle lenses of glass or other materials in South-Eastern Asia.

From 2012 to 2021, the average annual growth rate of value in Thailand totaled +4.9%.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, growing by 4% against the previous year. In general, the import price, however, continues to indicate a sharp decrease. The most prominent rate of growth was recorded in 2016 an increase of 27%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2021, the rate of growth in terms of prices for Thailand amounted to -36.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Thailand, Indonesia and the Philippines, with a combined 78% share of total consumption.
The countries with the highest volumes of in 2021 were the Philippines, Indonesia and Vietnam, with a combined 89% share of total production. Myanmar, Malaysia and Lao People's Democratic Republic lagged somewhat behind, together accounting for a further 10%.
In value terms, Thailand remains the largest spectacle glass lenses supplier in South-Eastern Asia, comprising 69% of total exports. The second position in the ranking was occupied by the Philippines, with a 15% share of total exports. It was followed by Vietnam, with a 7.4% share.
In value terms, Thailand constitutes the largest market for imported spectacle lenses of glass or other materials in South-Eastern Asia, comprising 69% of total imports. The second position in the ranking was occupied by the Philippines, with a 12% share of total imports.
The export price in South-Eastern Asia stood at $81,251 per ton in 2021, growing by 2.5% against the previous year.
The import price in South-Eastern Asia stood at $22,985 per ton in 2021, shrinking by -28.9% against the previous year.

This report provides an in-depth analysis of the spectacle glass lenses market in South-Eastern Asia. 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 32504153 - Unmounted spectacle lenses other than for the correction of vision
  • Prodcom 32504155 - Unmounted single focal spectacle lenses for the correction of vision, with both sides finished
  • Prodcom 32504159 - Unmounted spectacle lenses for the correction of vision, with both sides finished other than single focal lenses
  • Prodcom 32504170 - Unmounted spectacle lenses for the correction of vision, other than those with both sides finished

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in South-Eastern Asia, split by region and country
  • Trade (exports and imports) in South-Eastern Asia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Brunei Darussalam
    • Cambodia
    • Indonesia
    • Malaysia
    • Myanmar
    • Philippines
    • Singapore
    • Thailand
    • Timor-Leste
    • Vietnam
    • Lao People's Democratic Republic

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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