U.S. - Mounted Objective Lenses - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

U.S. - Mounted Objective Lenses - Market Analysis, Forecast, Size, Trends And Insights

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Mounted Objective Lens Price in the United States - 2023

Contents:

  1. Mounted Objective Lens Price in the United States (CIF) - 2023
  2. Mounted Objective Lens Price in the United States (FOB) - 2022
  3. Mounted Objective Lens Imports in the United States
  4. Mounted Objective Lens Exports in the United States

Mounted Objective Lens Price in the United States (CIF) - 2023

In September 2023, the average mounted objective lens import price amounted to $78.3 per unit, increasing by 14% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 29% m-o-m. As a result, import price reached the peak level of $110 per unit. From April 2023 to September 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($575 per unit), while the price for China ($20.1 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 South Korea (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Mounted Objective Lens Price in the United States (FOB) - 2022

The average mounted objective lens export price stood at $140 per unit in 2021, picking up by 1.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 20%. The export price peaked at $174 per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($765 per unit), while the average price for exports to Singapore ($308 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 Mexico (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Objective Lens Imports in the United States

In 2022, after three years of growth, there was significant decline in purchases abroad of mounted objective lenses, when their volume decreased by -6.3% to 17M units. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 29%. Over the period under review, imports attained the peak figure at 18M units in 2021, and then reduced in the following year.

In value terms, mounted objective lens imports fell slightly to $1.3B in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of $1.3B, and then shrank modestly in the following year.

Import of Mounted Objective Lens in the United States (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Japan4903765768.4%
China226152201-5.7%
Thailand99.476.216127.3%
Germany11777.91295.0%
Vietnam41.241.458.519.2%
Taiwan (Chinese)20.324.844.948.7%
Malaysia63.034.936.3-24.1%
South Korea30.825.826.2-7.8%
Others127126108-7.8%
Total1,2149351,3425.1%

Top Suppliers of Mounted Objective Lens to the United States in 2022:

  1. Japan (1.4M units)
  2. China (0.7M units)
  3. Thailand (0.4M units)
  4. Germany (0.3M units)
  5. Vietnam (0.2M units)
  6. Taiwan (Chinese) (0.1M units)
  7. Malaysia (0.1M units)
  8. South Korea (0.1M units)

Mounted Objective Lens Exports in the United States

In 2022, approx. 7.8M units of mounted objective lenses were exported from the United States; jumping by 263% compared with the previous year. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mounted objective lens exports contracted slightly to $294M in 2022. The total export value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, the exports reached the peak of $300M, and then reduced slightly in the following year.

Export of Mounted Objective Lens in the United States (Million USD)
COUNTRY201920202021CAGR,
2019-2021
Canada66.538.969.01.9%
Netherlands18.420.630.027.7%
Singapore16.521.228.531.4%
Mexico26.015.018.8-15.0%
Germany19.718.818.2-3.9%
Japan16.314.815.5-2.5%
China11.712.811.90.9%
United Kingdom9.28.810.67.3%
Australia6.87.09.618.8%
Taiwan (Chinese)9.98.89.3-3.1%
Hong Kong SAR13.110.29.3-15.7%
Israel7.17.48.38.1%
Ireland2.52.14.940.0%
Others54.741.056.01.2%
Total2782273003.9%

Top Export Markets for Mounted Objective Lens from the United States in 2022:

  1. Canada (222.3K units)
  2. Singapore (92.6K units)
  3. Netherlands (48.7K units)
  4. Germany (35.7K units)
  5. Japan (26.9K units)
  6. United Kingdom (26.1K units)
  7. Mexico (24.5K units)
  8. Australia (17.6K units)
  9. China (17.2K units)
  10. Taiwan (Chinese) (15.6K units)
  11. Hong Kong SAR (15.3K units)
  12. Ireland (12.7K units)
  13. Israel (12.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the mounted objective lens market in the U.S.. 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:

  • United States

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Mounted Objective Lenses - United States