Nigeria - Non-Plastic Frames And Mountings For Spectacles And Goggles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpectacle Non-Plastic Frame Price in Nigeria - 2022
Contents:
- Spectacle Non-Plastic Frame Price in Nigeria (CIF) - 2022
- Spectacle Non-Plastic Frame Price in Nigeria (FOB) - 2022
- Spectacle Non-Plastic Frame Imports in Nigeria
- Spectacle Non-Plastic Frame Exports in Nigeria
Spectacle Non-Plastic Frame Price in Nigeria (CIF) - 2022
In 2022, the average spectacle non-plastic frame import price amounted to $32 per unit, declining by -1.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 38%. As a result, import price reached the peak level of $35 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($77 per unit), while the price for Ghana ($2.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Spectacle Non-Plastic Frame Price in Nigeria (FOB) - 2022
In 2022, the average spectacle non-plastic frame export price amounted to $42 per unit, approximately mirroring the previous year. Overall, the export price, however, enjoyed a resilient increase. The growth pace was the most rapid in 2015 an increase of 111%. As a result, the export price reached the peak level of $59 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($71 per unit), while the average price for exports to Cote d'Ivoire ($42 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 South Africa (+17.6%), while the prices for the other major destinations experienced mixed trend patterns.
Spectacle Non-Plastic Frame Imports in Nigeria
After three years of growth, purchases abroad of non-plastic frames and mountings for spectacles and goggles decreased by -19.6% to 13K units in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 170%. Over the period under review, imports attained the maximum at 16K units in 2021, and then declined dramatically in the following year.
In value terms, spectacle non-plastic frame imports dropped dramatically to $403K in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 180% against the previous year. Imports peaked at $510K in 2021, and then shrank remarkably in the following year.
Import of Spectacle Non-Plastic Frame in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 48.7 | 335 | 218 | 173 | 52.6% |
United Kingdom | 34.8 | 79.4 | 149 | 118 | 50.2% |
Netherlands | 14.3 | 9.3 | 56.8 | 44.9 | 46.4% |
France | 3.6 | 1.7 | 20.1 | 15.9 | 64.1% |
India | 3.5 | 7.6 | 14.2 | 11.2 | 47.4% |
Turkey | 9.6 | 3.8 | 4.3 | 3.3 | -29.9% |
Ghana | 0.4 | 0.6 | 0.9 | 0.7 | 20.5% |
Others | 52.7 | 32.6 | 46.5 | 36.8 | -11.3% |
Total | 168 | 470 | 510 | 403 | 33.9% |
Top Suppliers of Spectacle Non-Plastic Frame to Nigeria in 2022:
- China (4.9K units)
- United Kingdom (3.2K units)
- India (1.4K units)
- Netherlands (0.6K units)
- Turkey (0.5K units)
- France (0.4K units)
- Ghana (0.3K units)
Spectacle Non-Plastic Frame Exports in Nigeria
In 2022, overseas shipments of non-plastic frames and mountings for spectacles and goggles decreased by -5.9% to 128 units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 12% against the previous year. As a result, the exports attained the peak of 136 units, and then contracted in the following year.
In value terms, spectacle non-plastic frame exports contracted to $5.5K in 2022. The total export value increased at an average annual rate of +9.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 21%. Over the period under review, the exports reached the peak figure at $5.8K in 2021, and then shrank in the following year.
Export of Spectacle Non-Plastic Frame in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 2.4 | 2.8 | 3.1 | 5.4 | 31.0% |
South Africa | 0.4 | 0.2 | N/A | 0.1 | -37.0% |
Burundi | 1.3 | N/A | N/A | N/A | 0% |
Others | 0.1 | 2.1 | 2.7 | N/A | 419.6% |
Total | 4.2 | 5.1 | 5.8 | 5.5 | 9.4% |
Top Export Markets for Spectacle Non-Plastic Frame from Nigeria in 2022:
- Cote d'Ivoire (127.0 units)
- South Africa (1.0 units)
This report provides an in-depth analysis of the spectacle non-plastic frame market in Nigeria. 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 32504390 - Non-plastic frames and mountings for spectacles, goggles and the like
Country coverage:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the spectacle non-plastic frame market in Nigeria.
This report provides an in-depth analysis of the spectacle frame market in Nigeria.
This report provides an in-depth analysis of the spectacle plastic frame market in Nigeria.
This report provides an in-depth analysis of the global spectacle non-plastic frame market.
This report provides an in-depth analysis of the global spectacle frame market.
This report provides an in-depth analysis of the global spectacle plastic frame market.
This report provides an in-depth analysis of the spectacle non-plastic frame market in Nigeria.
This report provides an in-depth analysis of the spectacle frame market in Nigeria.
This report provides an in-depth analysis of the spectacle plastic frame market in Nigeria.
This report provides an in-depth analysis of the global spectacle non-plastic frame market.
Discover the top import markets for spectacle frames worldwide, including the United States, Hong Kong SAR, Italy, France, Germany, Japan, Netherlands, Canada, China, and the United Kingdom. Explore key statistics and valuable insights from the IndexBox market intelligence platform.
In 2016, the amount of spectacle frame imported worldwide amounted to X tons, reducing by -X% against the previous year figure. In general, spectacle frame imports continue to indicate a drastic...
In 2016, the amount of spectacle frame imported worldwide amounted to X tons, reducing by -X% against the previous year figure. In general, spectacle frame imports continue to indicate a drastic...
Explore the top 10 countries leading in the import market for spectacle plastic frames. Learn about key statistics and import values.
Discover the top import markets for spectacle frames worldwide, including the United States, Hong Kong SAR, Italy, France, Germany, Japan, Netherlands, Canada, China, and the United Kingdom. Explore key statistics and valuable insights from the IndexBox market intelligence platform.
In 2016, the amount of spectacle frame imported worldwide amounted to X tons, reducing by -X% against the previous year figure. In general, spectacle frame imports continue to indicate a drastic...
In 2016, the amount of spectacle frame imported worldwide amounted to X tons, reducing by -X% against the previous year figure. In general, spectacle frame imports continue to indicate a drastic...
Explore the top 10 countries leading in the import market for spectacle plastic frames. Learn about key statistics and import values.