Report Update: May 1, 2024

Norway - Mounted Objective Lenses - Market Analysis, Forecast, Size, Trends And Insights

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Mounted Objective Lens Price in Norway - 2023

Mounted Objective Lens Price in Norway (CIF) - 2023

In September 2023, the average mounted objective lens import price amounted to $92.6 per unit, surging by 57% against the previous month. Overall, import price indicated a slight increase from September 2022 to September 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, mounted objective lens import price increased by +56.7% against August 2023 indices. Over the period under review, average import prices attained the maximum at $96.5 per unit in November 2022; however, from December 2022 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($259 per unit), while the price for the Philippines ($21.7 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Denmark (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Mounted Objective Lens Price in Norway (FOB) - 2022

The average mounted objective lens export price stood at $114 per unit in 2021, rising by 36% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, mounted objective lens export price increased by +93.6% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($2,297 per unit), while the average price for exports to Finland ($279 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Objective Lens Imports in Norway

In 2022, approx. 265K units of mounted objective lenses were imported into Norway; which is down by -3.1% on the previous year's figure. Over the period under review, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 13% against the previous year. Imports peaked at 366K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, mounted objective lens imports contracted to $26M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. As a result, imports reached the peak of $29M, and then declined in the following year.

Import of Mounted Objective Lens in Norway (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Japan	14.5	12.1	14.2	-1.0%
China	4.4	3.7	4.5	1.1%
Thailand	1.9	1.6	2.3	10.0%
Germany	1.2	1.8	2.2	35.4%
South Korea	0.4	0.6	0.8	41.4%
Taiwan (Chinese)	0.5	0.4	0.5	0.0%
United Kingdom	0.3	0.4	0.5	29.1%
Denmark	0.2	N/A	0.4	41.4%
Vietnam	0.4	0.4	0.4	0.0%
Malaysia	0.2	0.2	0.3	22.5%
Philippines	N/A	N/A	0.2	0%
Ireland	N/A	N/A	0.1	0%
Others	1.5	1.5	2.3	23.8%
Total	25.6	22.5	28.6	5.7%

Top Suppliers of Mounted Objective Lens to Norway in 2022:

Japan (18.9K units)
China (11.3K units)
Thailand (2.3K units)
Denmark (2.2K units)
Philippines (1.8K units)
South Korea (1.8K units)
Vietnam (1.7K units)
Taiwan (Chinese) (1.5K units)
Germany (1.5K units)
Ireland (1.2K units)
United Kingdom (0.7K units)
Malaysia (0.7K units)

Mounted Objective Lens Exports in Norway

In 2022, shipments abroad of mounted objective lenses was finally on the rise to reach 31K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a precipitous slump. Over the period under review, the exports attained the maximum at 87K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, mounted objective lens exports surged to $3.4M in 2022. In general, exports, however, showed a abrupt descent. Over the period under review, the exports hit record highs at $6.5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Mounted Objective Lens in Norway (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Sweden	1,961	1,752	361	-57.1%
Denmark	543	566	324	-22.8%
United States	512	466	150	-45.9%
United Kingdom	39.2	145	127	80.0%
Belgium	2,474	64.2	69.8	-83.2%
Spain	N/A	1.1	58.2	5190.9%
Germany	160	253	14.6	-69.8%
Finland	0.9	30.0	8.6	209.1%
China	105	0.6	N/A	-99.4%
Canada	332	18.4	N/A	-94.5%
Others	395	389	78.1	-55.5%
Total	6,523	3,684	1,192	-57.3%

Top Export Markets for Mounted Objective Lens from Norway in 2022:

Finland (undefinedK units)
Germany (undefinedK units)
Sweden (0.8K units)
United States (0.4K units)
United Kingdom (0.2K units)
Denmark (0.1K units)
Belgium (0.1K units)
Spain (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mounted objective lens market in Norway. 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 26702170 - Mounted objective lenses of any material (excluding for cameras, projectors or photographic enlargers or reducers)
Prodcom 26701100 - Mounted objective lenses, of any material, for cameras, p rojectors or photographic enlargers or reducers

Country coverage:

Norway

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Norway
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023