Southern Asia: Personal Spectacle Optics Market 2025

Personal Spectacle Optics Market Size in Southern Asia

In 2022, the South Asian personal spectacle optics market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, recorded a perceptible decline. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Personal Spectacle Optics Production in Southern Asia

In value terms, personal spectacle optics production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Personal Spectacle Optics Exports

Exports in Southern Asia

In 2022, personal spectacle optics exports in Southern Asia expanded to X units, growing by X% against the previous year. Overall, exports posted a strong expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, personal spectacle optics exports rose markedly to $X in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

India dominates exports structure, reaching X units, which was near X% of total exports in 2022. It was distantly followed by Bangladesh (X units), comprising a X% share of total exports.

Exports from India increased at an average annual rate of X% from 2012 to 2022. At the same time, Bangladesh (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. Bangladesh (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest personal spectacle optics supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total exports.

In India, personal spectacle optics exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, surging by X% against the previous year. Export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, personal spectacle optics export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per unit), while India stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Personal Spectacle Optics Imports

Imports in Southern Asia

In 2022, overseas purchases of personal spectacle optics increased by X% to X units, rising for the second consecutive year after two years of decline. In general, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, personal spectacle optics imports surged 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 indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

The purchases of the one major importers of personal spectacle optics, namely India, represented more than two-thirds of total import.

India was also the fastest-growing in terms of the personal spectacle optics imports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of India increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported personal spectacle optics in Southern Asia.

In India, personal spectacle optics imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price faced a drastic downturn. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform

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