Singapore - Sunglasses - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSunglasses Price in Singapore - 2022
Contents:
- Sunglasses Price in Singapore (CIF) - 2022
- Sunglasses Price in Singapore (FOB) - 2022
- Sunglasses Imports in Singapore
- Sunglasses Exports in Singapore
Sunglasses Price in Singapore (CIF) - 2022
The average sunglasses import price stood at $51.1 per unit in September 2022, increasing by 26% against the previous month. In general, the import price recorded a temperate expansion. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 205% month-to-month. As a result, import price attained the peak level of $72.4 per unit. From March 2022 to September 2022, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($205 per unit), while the price for Taiwan (Chinese) ($5.1 per unit) was amongst the lowest.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by India (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Sunglasses Price in Singapore (FOB) - 2022
In 2022, the average sunglasses export price amounted to $67 per unit, picking up by 23% against the previous year. In general, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 62%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($257 per unit), while the average price for exports to Saudi Arabia ($11 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 Thailand (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Sunglasses Imports in Singapore
In 2022, approx. 1.8M units of sunglasses were imported into Singapore; with an increase of 36% compared with 2021 figures. In general, imports, however, recorded a abrupt setback. Imports peaked at 2.7M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, sunglasses imports skyrocketed to $52M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. Imports peaked at $53M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Sunglasses in Singapore (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 28.5 | 17.9 | 20.3 | 31.3 | 3.2% |
China | 15.0 | 6.1 | 6.0 | 11.0 | -9.8% |
Japan | 1.8 | 1.1 | 1.7 | 3.0 | 18.6% |
United States | 1.4 | 1.0 | 0.9 | 0.8 | -17.0% |
Taiwan (Chinese) | 0.5 | 0.4 | 0.4 | 0.3 | -15.7% |
Hong Kong SAR | 1.1 | 0.4 | 0.2 | 0.3 | -35.2% |
Others | 4.3 | 4.3 | 4.7 | 5.4 | 7.9% |
Total | 52.7 | 31.3 | 34.0 | 52.1 | -0.4% |
Top Suppliers of Sunglasses to Singapore in 2022:
- China (1325.1K units)
- Italy (234.3K units)
- Japan (105.2K units)
- Taiwan (Chinese) (31.1K units)
- Hong Kong SAR (18.6K units)
- United States (15.6K units)
Sunglasses Exports in Singapore
In 2022, approx. 516K units of sunglasses were exported from Singapore; reducing by -3.3% against 2021. In general, exports faced a abrupt setback. The smallest decline of -3.2% was in 2021. Over the period under review, the exports reached the peak figure at 735K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, sunglasses exports surged to $35M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
Export of Sunglasses in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 4.2 | 3.8 | 4.7 | 7.2 | 19.7% |
Japan | 7.2 | 4.5 | 4.7 | 4.6 | -13.9% |
Indonesia | 3.8 | 3.0 | 3.6 | 3.8 | 0.0% |
Thailand | 1.9 | 1.5 | 1.5 | 3.8 | 26.0% |
Vietnam | 1.2 | 1.1 | 1.5 | 2.3 | 24.2% |
Malaysia | 2.9 | 1.6 | 0.8 | 1.7 | -16.3% |
Hong Kong SAR | 0.9 | 2.0 | 5.7 | 1.5 | 18.6% |
Philippines | 0.9 | 0.4 | 0.7 | 1.4 | 15.9% |
South Korea | 3.6 | 1.9 | 0.7 | 0.6 | -45.0% |
Saudi Arabia | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
Brazil | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
United States | 1.3 | 0.3 | 0.2 | 0.1 | -57.5% |
Venezuela | N/A | N/A | N/A | N/A | 0% |
Others | 3.8 | 2.9 | 4.9 | 7.2 | 23.7% |
Total | 31.7 | 23.1 | 29.1 | 34.7 | 3.1% |
Top Export Markets for Sunglasses from Singapore in 2022:
- Indonesia (149.7K units)
- Hong Kong SAR (43.6K units)
- Philippines (39.5K units)
- Japan (35.5K units)
- Saudi Arabia (32.5K units)
- Malaysia (31.0K units)
- Vietnam (28.5K units)
- Australia (28.1K units)
- Thailand (25.1K units)
- Brazil (16.7K units)
- United States (10.7K units)
- South Korea (6.6K units)
This report provides an in-depth analysis of the sunglasses market in Singapore. 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 32504250 - Sunglasses
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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
-
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 sunglasses market in Singapore.
This report provides an in-depth analysis of the personal spectacle optics market in Singapore.
This report provides an in-depth analysis of the spectacles and goggles market in Singapore.
This report provides an in-depth analysis of the global sunglasses market.
This report provides an in-depth analysis of the global personal spectacle optics market.
This report provides an in-depth analysis of the global spectacles and goggles market.
This report provides an in-depth analysis of the sunglasses market in Singapore.
This report provides an in-depth analysis of the personal spectacle optics market in Singapore.
This report provides an in-depth analysis of the spectacles and goggles market in Singapore.
This report provides an in-depth analysis of the global sunglasses market.
Explore the top import markets for sunglasses worldwide, including key statistics and insights. Discover the leading countries and their import values for sunglasses in 2022.
In 2016, the global imports of sunglasses totaled X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- ...
In 2016, the global imports of sunglasses totaled X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- ...
Explore the top import markets for personal spectacle optics and their import values. Discover the key countries driving the industry based on the latest data from IndexBox market intelligence.
Explore the top-10 countries by import value of spectacles and goggles in 2023. Find out which countries are leading the global market for eyewear imports.
Explore the top import markets for sunglasses worldwide, including key statistics and insights. Discover the leading countries and their import values for sunglasses in 2022.
In 2016, the global imports of sunglasses totaled X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- ...
In 2016, the global imports of sunglasses totaled X tons, going up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- ...
Explore the top import markets for personal spectacle optics and their import values. Discover the key countries driving the industry based on the latest data from IndexBox market intelligence.
Explore the top-10 countries by import value of spectacles and goggles in 2023. Find out which countries are leading the global market for eyewear imports.