Which Country Exports the Most Objective Lenses in the World?

Optical Instruments And Photographic Equipment May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

In 2016, the global objective lens exports stood at 35K tonnes, going down by -4.8% against the previous year level. Overall, objective lens exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when it surged by 36% against the previous year level. In that year, global objective lens exports attained its maximum volume of 51K tonnes. From 2009 to 2016, growth of global objective lens exports stood at a somewhat lower level.

In value terms, objective lens exports stood at $11B in 2016. Overall, it indicated a slight expansion from 2007 to 2016: the total exports value decreased at an average annual rate of -0.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, objective lens exports decreased by -22.6% against its level of 2013. Over the period under review, global objective lens exports reached its maximum level of $14B in 2013; however, from 2014 to 2016, it stood at a somewhat lower level.

Top Objective Lens Exporting Countries in the World

1. Japan (2,247.4 million USD)

2. China (2,078.1 million USD)

3. Germany (1,702.5 million USD)

4. South Korea (680.8 million USD)

5. Netherlands (590.5 million USD)

6. Thailand (485.4 million USD)

7. Philippines (225.2 million USD)

8. Malaysia (157.3 million USD)

9. United Kingdom (116.6 million USD)

10. France (64.1 million USD)

11. Spain (25.3 million USD)

Objective Lens Exports By Country

In 2016, Spain (9.7K tonnes), distantly followed by China (5.7K tonnes), Japan (5.6K tonnes), and Thailand (3.1K tonnes) were the main exporters of objective lens, together generating 69% of total exports. Malaysia (1.5K tonnes), South Korea (1.5K tonnes), Germany (1.4K tonnes), the Netherlands (1.3K tonnes), the Philippines (1K tonnes), France (605 tonnes), and the UK (565 tonnes) followed a long way behind this figure.

From 2007 to 2016, the most notable growth rate of objective lens exports, among the main exporting countries, was attained by Spain (+73.2% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest objective lens markets worldwide were Japan ($2.2B), China ($2.1B) and Germany ($1.7B), with a combined 57% share of global exports.South Korea, the Netherlands, Thailand, the Philippines, Malaysia, the UK, France and Spain lagged somewhat behind, together accounting for a further 22%.

Spain (+14.8% per year) experienced the highest growth rate of objective lens exports, among the main exporting countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Objective Lens Export Prices By Country

The average objective lens export price stood at $300 per kg in 2016, declining by -1.7% against the previous year. Overall, it indicated a temperate expansion from 2007 to 2016: the export price value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, objective lens export price decreased by -19.9% against its level of 2013. The most prominent rate of growth was recorded in 2010, when export price increased by 54% against the previous year level. Global objective lens export peaked of $374 per kg in 2013; however, from 2014 to 2016, it stood at a somewhat lower level.

Export prices varied noticeably by country of destination. the country with the highest export prices was Germany ($1.2K per kg), while Spain ($2,599 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of objective lens export prices was attained by South Korea (+38.7% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global objective lens market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • objective lens market share
  • objective lens prices
  • objective lens industry
  • objective lens sales
  • objective lens import
  • objective lens export
  • objective lens market forecast
  • objective lens price forecast
  • key objective lens producers

All data provided in this article covers the following product: HS Code 9002 - Lenses, prisms, mirrors and other optical elements, of any material, mounted, being parts or fittings for instruments or apparatus, other than such elements of glass not optically worked.

Source: World: Objective Lenses For Cameras, Projectors Or Photographic Enlargers Or Reducers - Market Report. Analysis and Forecast to 2025