Sri Lanka - Plastic Frames And Mountings For Spectacles And Goggles - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 12, 2024

Sri Lanka - Plastic Frames And Mountings For Spectacles And Goggles - Market Analysis, Forecast, Size, Trends And Insights

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Spectacle Plastic Frame Price in Sri Lanka - 2021

Contents:

  1. Spectacle Plastic Frame Price in Sri Lanka (CIF) - 2022
  2. Spectacle Plastic Frame Price in Sri Lanka (FOB) - 2022
  3. Spectacle Plastic Frame Imports in Sri Lanka
  4. Spectacle Plastic Frame Exports in Sri Lanka

Spectacle Plastic Frame Price in Sri Lanka (CIF) - 2022

The average spectacle plastic frame import price stood at $15 per unit in 2022, with an increase of 8.5% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the average import price increased by 114% against the previous year. Over the period under review, average import prices hit record highs at $22 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($107 per unit), while the price for India ($4.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Spectacle Plastic Frame Price in Sri Lanka (FOB) - 2022

In 2022, the average spectacle plastic frame export price amounted to $11 per unit, declining by -13.7% against the previous year. Over the period under review, the export price showed a pronounced downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 355% against the previous year. Over the period under review, the average export prices attained the peak figure at $43 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Seychelles ($67 per unit), while the average price for exports to France ($5.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Seychelles (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Spectacle Plastic Frame Imports in Sri Lanka

After three years of growth, supplies from abroad of plastic frames and mountings for spectacles and goggles decreased by -32.7% to 213K units in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 123% against the previous year. As a result, imports reached the peak of 317K units, and then declined dramatically in the following year.

In value terms, spectacle plastic frame imports fell sharply to $3.3M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 117% against the previous year. As a result, imports reached the peak of $4.5M, and then reduced rapidly in the following year.

Import of Spectacle Plastic Frame in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6291,2171,7861,86143.6%
Italy5783604736966.4%
Australia75.827634035567.3%
India62.622.014.755.7-3.8%
Hong Kong SAR11.227.833.534.946.1%
Others1511721,86429124.4%
Total1,5082,0754,5123,29429.8%

Top Suppliers of Spectacle Plastic Frame to Sri Lanka in 2022:

  1. China (179.1K units)
  2. India (12.4K units)
  3. Italy (6.5K units)
  4. Hong Kong SAR (5.4K units)
  5. Australia (5.2K units)

Spectacle Plastic Frame Exports in Sri Lanka

In 2022, approx. 134 units of plastic frames and mountings for spectacles and goggles were exported from Sri Lanka; surging by 7.2% compared with the previous year. In general, exports, however, saw a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Over the period under review, the exports attained the peak figure at 1.1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, spectacle plastic frame exports declined to $1.5K in 2022. Overall, exports, however, faced a sharp curtailment. The growth pace was the most rapid in 2021 with an increase of 17%. Over the period under review, the exports reached the maximum at $13K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Spectacle Plastic Frame in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Maldives4.10.31.11.2-33.6%
France0.50.70.20.2-26.3%
Norway2.0N/AN/AN/A0%
Seychelles1.40.4N/AN/A-71.4%
Bangladesh4.7N/AN/AN/A0%
OthersN/AN/A0.3N/A0%
Total12.61.41.61.5-50.8%

Top Export Markets for Spectacle Plastic Frame from Sri Lanka in 2022:

  1. Maldives (95.0 units)
  2. France (38.0 units)
  3. Seychelles (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the spectacle plastic frame market in Sri Lanka. 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:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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
  12. 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
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Free Data: Plastic Frames And Mountings For Spectacles And Goggles - Sri Lanka