Egypt - Spectacle Lenses of Glass or Other Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEgypt: Spectacle Glass Lenses Market 2024
Spectacle Glass Lenses Market Size in Egypt
The Egyptian spectacle glass lenses market declined slightly to $X in 2023, shrinking by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, posted a perceptible expansion. Over the period under review, the market attained the maximum level at $X in 2022, and then contracted modestly in the following year.
Spectacle Glass Lenses Exports
Exports from Egypt
After two years of decline, overseas shipments of spectacle lenses of glass or other materials increased by X% to X units in 2023. Overall, exports, however, faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
In value terms, spectacle glass lenses exports soared to $X in 2023. Over the period under review, exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.
Exports by Country
Switzerland (X units) was the main destination for spectacle glass lenses exports from Egypt, accounting for a X% share of total exports. Moreover, spectacle glass lenses exports to Switzerland exceeded the volume sent to the second major destination, Nigeria (X units), sixfold. The third position in this ranking was held by Spain (X units), with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Switzerland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (X% per year) and Spain (X% per year).
In value terms, Switzerland ($X) remains the key foreign market for spectacle lenses of glass or other materials exports from Egypt, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports. It was followed by Spain, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Switzerland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (X% per year) and Spain (X% per year).
Export Prices by Country
The average spectacle glass lenses export price stood at $X per unit in 2023, increasing by X% against the previous year. In general, the export price, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2017 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2023, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Sudan ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced more modest paces of growth.
Spectacle Glass Lenses Imports
Imports into Egypt
In 2023, imports of spectacle lenses of glass or other materials into Egypt declined to X units, which is down by X% compared with 2022 figures. Over the period under review, total imports indicated a measured increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X units in 2019; however, from 2020 to 2023, imports remained at a lower figure.
In value terms, spectacle glass lenses imports contracted slightly to $X in 2023. In general, imports, however, recorded prominent growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2022, and then declined slightly in the following year.
Imports by Country
In 2023, China (X units) was the main spectacle glass lenses supplier to Egypt, with a X% share of total imports. It was followed by South Korea (X units), with a X% share of total imports. The third position in this ranking was held by Thailand (X units), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Thailand (X% per year).
In value terms, China ($X) constituted the largest supplier of spectacle lenses of glass or other materials to Egypt, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.
From 2012 to 2023, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and Thailand (X% per year).
Import Prices by Country
In 2023, the average spectacle glass lenses import price amounted to $X per unit, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, average import prices hit record highs in 2023 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2023, amid the top importers, the highest price was recorded for prices from Thailand ($X per unit) and South Korea ($X per unit), while the price for France ($X per unit) and China ($X per unit) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the spectacle glass lenses market in Egypt. 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 32504153 - Unmounted spectacle lenses other than for the correction of vision
- Prodcom 32504155 - Unmounted single focal spectacle lenses for the correction of vision, with both sides finished
- Prodcom 32504159 - Unmounted spectacle lenses for the correction of vision, with both sides finished other than single focal lenses
- Prodcom 32504170 - Unmounted spectacle lenses for the correction of vision, other than those with both sides finished
Country coverage:
- Egypt
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Egypt
- 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
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