Central Asia: Spectacle Glass Lenses Market 2024

Spectacle Glass Lenses Market Size in Central Asia

In 2023, the Central Asian spectacle glass lenses market increased by X% to $X, rising for the seventh consecutive year after three years of decline. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level in 2023 and is expected to retain growth in the near future.

Spectacle Glass Lenses Production in Central Asia

In value terms, spectacle glass lenses production declined modestly to $X in 2023 estimated in export price. Over the period under review, production showed a pronounced decrease. The growth pace was the most rapid in 2019 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Spectacle Glass Lenses Exports

Exports in Central Asia

In 2023, shipments abroad of spectacle lenses of glass or other materials increased by X% to X units, rising for the second year in a row after two years of decline. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spectacle glass lenses exports skyrocketed to $X in 2023. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2023 and are expected to retain growth in the immediate term.

Exports by Country

Kazakhstan dominates exports structure, recording X units, which was near X% of total exports in 2023. It was distantly followed by Turkmenistan (X units), constituting a X% share of total exports.

Kazakhstan was also the fastest-growing in terms of the spectacle lenses of glass or other materials exports, with a CAGR of X% from 2012 to 2023. At the same time, Turkmenistan (X%) displayed positive paces of growth. From 2012 to 2023, the share of Kazakhstan and Turkmenistan increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest spectacle glass lenses supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Turkmenistan ($X), with a X% share of total exports.

In Kazakhstan, spectacle glass lenses exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2023, with an increase of X% against the previous year. In general, the export price posted a strong increase. The most prominent rate of growth was recorded in 2022 when the export price increased by X%. The level of export peaked in 2023 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Turkmenistan amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%).

Spectacle Glass Lenses Imports

Imports in Central Asia

In 2023, approx. X units of spectacle lenses of glass or other materials were imported in Central Asia; growing by X% compared with 2022 figures. Over the period under review, imports, however, continue to indicate a mild reduction. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2023, imports stood at a somewhat lower figure.

In value terms, spectacle glass lenses imports skyrocketed to $X in 2023. Overall, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2022 with an increase of X%. Over the period under review, imports hit record highs in 2023 and are likely to continue growth in years to come.

Imports by Country

Kazakhstan represented the key importer of spectacle lenses of glass or other materials in Central Asia, with the volume of imports reaching X units, which was near X% of total imports in 2023. Uzbekistan (X units) held the second position in the ranking, distantly followed by Kyrgyzstan (X units). All these countries together took near X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Kazakhstan ($X) constitutes the largest market for imported spectacle lenses of glass or other materials in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports.

In Kazakhstan, spectacle glass lenses imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (X% per year) and Kyrgyzstan (X% per year).

Import Prices by Country

In 2023, the import price in Central Asia amounted to $X per unit, dropping by X% against the previous year. In general, the import price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2019 an increase of X%. The level of import peaked at $X per unit in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform