Report Update Nov 1, 2024

Venezuela - Plastic Frames and Mountings for Spectacles and Goggles - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Spectacle Plastic Frame Market 2024

Spectacle Plastic Frame Market Size in Venezuela

In 2021, the Venezuelan spectacle plastic frame market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, continues to indicate a dramatic contraction. Spectacle plastic frame consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Spectacle Plastic Frame Exports

Exports from Venezuela

In 2021, approx. X units of plastic frames and mountings for spectacles and goggles were exported from Venezuela; shrinking by -24.8% compared with 2020. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of 956% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, spectacle plastic frame exports shrank to $X in 2021. In general, exports, however, posted a strong increase. The pace of growth was the most pronounced in 2013 with an increase of 766% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

The Dominican Republic (X units) was the main destination for spectacle plastic frame exports from Venezuela, with a 76% share of total exports. Moreover, spectacle plastic frame exports to the Dominican Republic exceeded the volume sent to the second major destination, Chile (X units), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Dominican Republic stood at -30.0%.

In value terms, the Dominican Republic ($X) and Chile ($X) constituted the largest markets for spectacle plastic frame exported from Venezuela worldwide.

Chile, with a CAGR of -8.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2021, the average spectacle plastic frame export price amounted to $X per unit, with an increase of 13% against the previous year. Over the period under review, the export price, however, recorded a pronounced descent. The growth pace was the most rapid in 2015 an increase of 155%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per unit), while the average price for exports to the Dominican Republic stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+26.4%), while the prices for the other major destinations experienced mixed trend patterns.

Spectacle Plastic Frame Imports

Imports into Venezuela

In 2021, overseas purchases of plastic frames and mountings for spectacles and goggles were finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, recorded a sharp curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by 69%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, spectacle plastic frame imports soared to $X in 2021. In general, imports, however, continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2018 when imports increased by 144%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Panama (X units), China (X units) and the United States (X units) were the main suppliers of spectacle plastic frame imports to Venezuela, with a combined 71% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of -16.2%), while purchases for the other leaders experienced a decline.

In value terms, the largest spectacle plastic frame suppliers to Venezuela were Panama ($X), China ($X) and the United States ($X), with a combined 75% share of total imports.

The United States, with a CAGR of -14.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average spectacle plastic frame import price stood at $X per unit in 2021, surging by 26% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 44% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plastic frames and mountings for spectacles and goggles in the world?

China remains the largest spectacle plastic frame consuming country worldwide, accounting for 33% of total volume. Moreover, spectacle plastic frame consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by Mexico, with a 7.4% share.

What are the largest producers of plastic frames and mountings for spectacles and goggles in the world?

The country with the largest volume of spectacle plastic frame production was China, comprising approx. 68% of total volume. Moreover, spectacle plastic frame production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR, eightfold. The third position in this ranking was occupied by Italy, with a 5.3% share.

What are the leading suppliers of plastic frames and mountings for spectacles and goggles to Venezuela?

In value terms, China, the United States and Italy were the largest spectacle plastic frame suppliers to Venezuela, together accounting for 97% of total imports.

What are the leading importers of plastic frames and mountings for spectacles and goggles from Venezuela?

In value terms, the Dominican Republic and Chile were the largest markets for spectacle plastic frame exported from Venezuela worldwide.

What is the average export price for plastic frames and mountings for spectacles and goggles in Venezuela?

The average spectacle plastic frame export price stood at $20 per unit in 2021, with a decrease of -7.2% against the previous year.

What is the average import price for plastic frames and mountings for spectacles and goggles in Venezuela?

In 2021, the average spectacle plastic frame import price amounted to $7.1 per unit, which is down by -17.4% against the previous year.

This report provides an in-depth analysis of the spectacle plastic frame market in Venezuela. 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

Country coverage:

Venezuela

Data coverage:

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