China - Objective Lenses For Cameras, Projectors Or Photographic Enlargers Or Reducers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

China - Objective Lenses For Cameras, Projectors Or Photographic Enlargers Or Reducers - Market Analysis, Forecast, Size, Trends and Insights

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Objective Lens Price in China - 2023

Contents:

  1. Objective Lens Price in China (CIF) - 2023
  2. Objective Lens Price in China (FOB) - 2022
  3. Objective Lens Imports in China
  4. Objective Lens Exports in China

Objective Lens Price in China (CIF) - 2023

The average objective lens import price stood at $13.3 per unit in September 2023, growing by 9.3% against the previous month. Overall, the import price, however, saw a slight setback. The growth pace was the most rapid in August 2023 an increase of 46% m-o-m. The import price peaked at $21.0 per unit in October 2022; however, from November 2022 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($55.6 per unit), while the price for Malaysia ($4.0 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 Vietnam (-0.1%), while the prices for the other major suppliers experienced a decline.

Objective Lens Price in China (FOB) - 2022

In 2022, the average objective lens export price amounted to $21 per unit, shrinking by -50.4% against the previous year. In general, the export price showed a deep reduction. The growth pace was the most rapid in 2021 an increase of 14%. The export price peaked at $44 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($225 per unit), while the average price for exports to the Philippines ($12 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 the Netherlands (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.

Objective Lens Imports in China

In 2022, imports of objective lenses for cameras, projectors or photographic enlargers or reducers into China soared to 10M units, picking up by 24% against the previous year. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, objective lens imports skyrocketed to $826M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +67.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Objective Lens in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3042062323070.3%
Thailand95.176.212318424.6%
Philippines49.333.828.350.81.0%
Vietnam15.412.115.929.424.1%
Malaysia13.510.013.528.227.8%
Bangladesh8.44.53.82.8-30.7%
Taiwan (Chinese)23.4N/AN/AN/A0%
Others46.615219422368.5%
Total55649461182614.1%

Top Suppliers of Objective Lens to China in 2022:

  1. Japan (5.2M units)
  2. Philippines (1.9M units)
  3. Thailand (1.4M units)
  4. Vietnam (0.4M units)
  5. Malaysia (0.2M units)
  6. Bangladesh (0.1M units)

Objective Lens Exports in China

In 2022, objective lens exports from China surged to 27M units, growing by 91% compared with the year before. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, objective lens exports fell to $568M in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. As a result, the exports reached the peak of $598M, and then reduced in the following year.

Export of Objective Lens in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States47.544.559.763.310.0%
Japan68.757.961.660.4-4.2%
Netherlands21.420.226.537.020.0%
South Korea11.916.324.836.044.6%
Germany13.824.334.424.821.6%
Thailand5.38.812.924.366.1%
Singapore4.12.46.420.069.6%
Philippines6.112.713.316.739.9%
Ireland20.716.815.016.6-7.1%
Australia6.44.55.97.55.4%
United Kingdom6.45.78.07.13.5%
Indonesia13.99.37.16.6-22.0%
Malaysia2.84.66.25.122.1%
Others334226316243-10.1%
Total5634545985680.3%

Top Export Markets for Objective Lens from China in 2022:

  1. Japan (1.9M units)
  2. United States (1.7M units)
  3. Philippines (1.4M units)
  4. South Korea (0.6M units)
  5. Singapore (0.5M units)
  6. Australia (0.4M units)
  7. Thailand (0.4M units)
  8. Indonesia (0.3M units)
  9. United Kingdom (0.2M units)
  10. Malaysia (0.2M units)
  11. Netherlands (0.2M units)
  12. Germany (0.2M units)
  13. Ireland (0.1M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the objective lens market in China. 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 26701100 - Mounted objective lenses, of any material, for cameras, p rojectors or photographic enlargers or reducers

Country coverage:

Data coverage:

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