Global Personal Spectacle Optics Market 2025

Personal Spectacle Optics Market Size

The global personal spectacle optics market expanded to $X in 2022, picking up by X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the global market remained at a somewhat lower figure.

Personal Spectacle Optics Production

In value terms, personal spectacle optics production declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Global production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Personal Spectacle Optics Exports

Exports

In 2022, overseas shipments of personal spectacle optics increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, exports, however, saw a pronounced slump. Over the period under review, the global exports attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, personal spectacle optics exports rose remarkably to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. The global exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

In 2022, China (X units) was the main exporter of personal spectacle optics, creating X% of total exports. It was distantly followed by Taiwan (Chinese) (X units), achieving a X% share of total exports. The United States (X units), Hong Kong SAR (X units) and Mexico (X units) held a minor share of total exports.

Exports from China decreased at an average annual rate of X% from 2012 to 2022. At the same time, Mexico (X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. The United States experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. Taiwan (Chinese) (X p.p.) and Mexico (X p.p.) significantly strengthened its position in terms of the global exports, while China saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest personal spectacle optics supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of global exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and the United States (X% per year).

Export Prices by Country

In 2022, the average personal spectacle optics export price amounted to $X per unit, declining by X% against the previous year. In general, the export price, however, saw a buoyant increase. The pace of growth was the most pronounced in 2018 an increase of X%. The global export price peaked at $X per unit in 2021, and then dropped sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Personal Spectacle Optics Imports

Imports

In 2022, overseas purchases of personal spectacle optics increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, imports continue to indicate a relatively flat trend pattern. Over the period under review, global imports hit record highs at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, personal spectacle optics imports rose markedly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the United States (X units) represented the major importer of personal spectacle optics, constituting X% of total imports. It was distantly followed by India (X units), making up a X% share of total imports. Canada (X units), Thailand (X units), the UK (X units), Mexico (X units), Russia (X units), Hong Kong SAR (X units), Australia (X units), Japan (X units), Brazil (X units) and South Africa (X units) took a minor share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of personal spectacle optics. At the same time, India (X%), Thailand (X%), Canada (X%), the UK (X%), South Africa (X%) and Australia (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Brazil, Russia and Japan experienced a relatively flat trend pattern. By contrast, Mexico (X%) and Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of India (X p.p.) and Thailand (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of the United States (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported personal spectacle optics worldwide, comprising X% of global imports. The second position in the ranking was taken by Hong Kong SAR ($X), with an X% share of global imports. It was followed by Australia, with a X% share.

In the United States, personal spectacle optics imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Australia (X% per year).

Import Prices by Country

The average personal spectacle optics import price stood at $X per unit in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Global import price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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