Turkey - Contact Lenses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingContact Lense Price in Turkey - 2023
Contents:
- Contact Lense Price in Turkey (CIF) - 2023
- Contact Lense Price in Turkey (FOB) - 2022
- Contact Lense Imports in Turkey
- Contact Lense Exports in Turkey
Contact Lense Price in Turkey (CIF) - 2023
In July 2023, the average contact lense import price amounted to $892 per thousand units, reducing by -33.1% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 64% m-o-m. The import price peaked at $1.4 per unit in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Malaysia ($1.6 per unit), while the price for Singapore ($249 per thousand units) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Contact Lense Price in Turkey (FOB) - 2022
The average contact lense export price stood at $9.6 per unit in 2022, reducing by -18.4% against the previous year. In general, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of 20% against the previous year. Over the period under review, the average export prices attained the peak figure at $19 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($14 per unit), while the average price for exports to Lithuania ($4.5 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 Singapore (+1.3%), while the prices for the other major destinations experienced a decline.
Contact Lense Imports in Turkey
Contact lense imports into Turkey was estimated at 24M units in 2022, growing by 7% on 2021. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, contact lense imports declined to $25M in 2022. Overall, imports, however, showed a perceptible contraction. The pace of growth was the most pronounced in 2021 when imports increased by 5.5% against the previous year. Imports peaked at $29M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Contact Lense in Turkey (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 7.8 | 7.5 | 8.6 | 8.8 | 4.1% |
Malaysia | 6.4 | 5.9 | 6.6 | 6.8 | 2.0% |
United States | 6.7 | 6.2 | 4.7 | 4.4 | -13.1% |
South Korea | 1.3 | 1.8 | 2.6 | 1.6 | 7.2% |
United Kingdom | 1.1 | 1.6 | 1.4 | 1.3 | 5.7% |
Indonesia | 3.7 | 1.9 | 2.6 | 1.0 | -35.3% |
Singapore | 0.2 | 0.5 | 0.8 | 0.7 | 51.8% |
Germany | 0.5 | 0.5 | 0.4 | 0.4 | -7.2% |
Others | 1.1 | 0.9 | 0.6 | 0.5 | -23.1% |
Total | 28.8 | 26.8 | 28.3 | 25.4 | -4.1% |
Top Suppliers of Contact Lense to Turkey in 2022:
- Malaysia (6.6M units)
- United States (5.9M units)
- Ireland (4.1M units)
- Singapore (2.6M units)
- United Kingdom (1.6M units)
- South Korea (1.3M units)
- Germany (0.7M units)
- Indonesia (0.6M units)
Contact Lense Exports in Turkey
In 2022, exports of contact lenses from Turkey expanded sharply to 1.4M units, picking up by 8% compared with the previous year. The total export volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 16%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, contact lense exports dropped to $14M in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 10% against the previous year. Over the period under review, the exports attained the maximum at $15M in 2021, and then declined in the following year.
Export of Contact Lense in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 2.4 | 6.4 | 4.9 | 2.4 | 0.0% |
Hong Kong SAR | 2.4 | 0.8 | 2.6 | 2.3 | -1.4% |
Belarus | 0.2 | 0.6 | 0.6 | 1.9 | 111.8% |
Poland | 0.4 | 1.0 | 1.1 | 1.1 | 40.1% |
United States | 1.1 | 1.1 | 2.5 | 1.0 | -3.1% |
Czech Republic | 1.8 | 0.6 | 0.8 | 1.0 | -17.8% |
Lithuania | 0.1 | 0.2 | 0.1 | 1.0 | 115.4% |
Estonia | 0.5 | 0.6 | 0.3 | 0.4 | -7.2% |
Iran | 0.8 | N/A | N/A | 0.1 | -50.0% |
Belgium | 0.7 | 0.4 | N/A | N/A | -42.9% |
Others | 2.4 | 2.5 | 2.6 | 2.6 | 2.7% |
Total | 12.9 | 14.1 | 15.5 | 13.7 | 2.0% |
Top Export Markets for Contact Lense from Turkey in 2022:
- Belarus (248.8K units)
- Lithuania (229.2K units)
- United Kingdom (201.3K units)
- Hong Kong SAR (164.7K units)
- Poland (127.0K units)
- United States (97.6K units)
- Czech Republic (74.2K units)
- Estonia (31.4K units)
- Iran (22.8K units)
This report provides an in-depth analysis of the contact lense market in Turkey. 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 32504130 - Contact lenses
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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 contact lense market in Turkey.
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This report provides an in-depth analysis of the prisms and mirrors market in Turkey.
This report provides an in-depth analysis of the global contact lense market.
This report provides an in-depth analysis of the global spectacle glass lenses market.
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This report provides an in-depth analysis of the global prisms and mirrors market.
This report provides an in-depth analysis of the contact lense market in Turkey.
This report provides an in-depth analysis of the spectacle glass lenses market in Turkey.
In December 2022, the price of contact lenses was $1.2 per unit (CIF, Turkey), a 64% increase compared to the previous month.
In December 2022, the price of prisms and mirrors was $8,065 per ton (CIF, Turkey), which was a -18.4% decrease compared to the previous month.
Explore the top import markets for contact lenses across the globe, including key statistics and market insights. From Japan to France, discover the lucrative opportunities in the global contact lens industry.
In 2016, the global imports of contact lens totaled X tons, jumping by X% against the previous year figure. Overall, it indicated a strong expansion from 2007 to 2016: the total imports volume i...
In 2016, the global imports of contact lens totaled X tons, jumping by X% against the previous year figure. Overall, it indicated a strong expansion from 2007 to 2016: the total imports volume i...
Global contact lenses consumption showed steady growth, rising from X billion units in 2007 to X billion units in 2015.
The global trade in contact lenses amounted to X million USD in 2015, showing a robust growth trend from 2007 to 2015, with the exception of barely perceptible declines in 2009 and 2015. Overall, there was an annual increase of +X% from 2007 to X
A report published by the Association of Contact Lens Manufacturers (ACLM) states that the number of contact lens wearers in the UK and Ireland has increased by more than twofold over the last twelve years, reaching X million people in 2014.
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