Analysis Report on Import and Export of China Glasses Frames Industry in 2022

With the continuous growth of nearsightedness population, glasses gradually occupy an important position in people's daily life, so the demand for glasses frames is also increasing. In recent years, the number of eyeglass frames exported from China has gradually increased, from 308.248 million pairs in 2018 to 400.715 million pairs in 2021, and the export amount has increased from 1320871 million US dollars in 2018 to 1625.999 million US dollars in 2021. The overall export quantity and amount show an upward trend. In the first half of 2022, the export quantity of China's eyewear frames was 190.301 million pairs, with an export amount of 867.823 million US dollars, an import quantity of 4.915 million pairs, and an import amount of 88.812 million US dollars.

From the perspective of export quantity, China's main export of optical frames is plastic eyewear frames. In the first half of 2022, China's export quantity of plastic eyewear frames was 110047 million pairs, with an export amount of 458.751 million US dollars; The export quantity of METAL material Glasses Frames is 79.329 million pairs, with an export amount of 406.264 million US dollars; The export quantity of natural material frames for glasses is 0.0200 pairs, with an export amount of 26000 US dollars; The export quantity of unlisted material glasses frames is 925000 pairs, with an export amount of 2.783 million US dollars.

In the first half of 2022, the import quantity of plastic spectacle frames in China was 3.29 million pairs, with an import amount of 36.374 million US dollars; The imported quantity of metal material glasses frames is 1.607 million pairs, with an import amount of 50.83 million US dollars; The imported quantity of natural material glasses frames is 2000 pairs, with an import amount of 838000 US dollars; The imported quantity of unlisted material glasses frames is 925000 pairs, with an import amount of 772000 US dollars.

From the perspective of average import and export prices, the average import price of China's spectacle frames is much higher than the average export price. In the first half of 2022, the average export price of China's spectacle frames was 4.6 US dollars per pair, while the average import price was 18.1 US dollars per pair. However, the export amount of China's spectacle frames is much higher than the import amount. Therefore, it can be inferred that China's spectacle frame manufacturing industry is relatively developed, but relatively basic, and focuses more on the universality of products, rather than being high-end.

By subdividing the average import price of Chinese spectacle frames, it can be seen that the average import price of natural material spectacle frames is much higher than other spectacle frames and shows an upward trend, increasing from $302.5/pair in 2018 to $512/pair in 2021, with a growth rate of 69.3%. In the first half of 2022, the average import price of natural material spectacle frames was $419/pair, eight times that of other spectacle frames. This indicates that China is currently in a weak position internationally in the field of natural material glasses frames.

From the perspective of average export prices, the average export prices of Chinese eyewear frames are generally low. The average export prices of plastic eyewear frames, metal eyewear frames, and unnamed material eyewear frames are generally stable, while the average export price of natural material eyewear frames increased by 442% in the first half of 2022 compared to 2021. From the side, it can be seen that during this period, the natural material glasses frame industry in China has made a qualitative leap.

In the first half of 2022, the top 5 regions for China's glasses frame exports were Italy, the United States, Hong Kong, India, and Japan, with export amounts of $200 million, $180 million, $170 million, $60 million, and $50 million, respectively.

eyeglass frames

Guangdong Province, Zhejiang Province, and Jiangsu Province are regions with relatively developed manufacturing industries in China and are also major trade provinces in China; In the first half of 2022, the export value of glasses frames in Guangdong Province ranked first in the country, with an export value of 491 million US dollars; Zhejiang Province ranks second with an export value of 331 million US dollars; Guangdong and Zhejiang provinces are the main export provinces and cities of China's spectacle frames.

In terms of import amount, Italy is the largest importer of eyewear frames from China. In the first half of 2022, China imported eyewear frames from Italy for $30.175 million, accounting for 26% of the total import amount; The second largest importer is Japan. In the first half of 2022, China imported 22.514 million US dollars of glasses frames from Japan, accounting for 19% of the total import amount. The two are the main importers of glasses frames in China.

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