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

Luxembourg - 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 Luxembourg - 2023

Contents:

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

Objective Lens Price in Luxembourg (CIF) - 2023

The average objective lens import price stood at $30.7 per unit in August 2023, declining by -19.4% against the previous month. In general, the import price, however, recorded a modest increase. The most prominent rate of growth was recorded in July 2023 an increase of 39% m-o-m. Over the period under review, average import prices reached the peak figure at $45.4 per unit in February 2023; however, from March 2023 to August 2023, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the countries with the highest prices were Belgium ($30.8 per unit) and Italy ($30.8 per unit), while the price for France ($30.7 per unit) and the Netherlands ($30.7 per unit) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Objective Lens Price in Luxembourg (FOB) - 2022

In 2022, the average objective lens export price amounted to $32 per unit, waning by -20.1% against the previous year. Overall, the export price continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2021 an increase of 19%. The export price peaked at $40 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($32 per unit) and France ($32 per unit), while the average price for exports to Germany ($32 per unit) and the Netherlands ($32 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-1.4%), while the prices for the other major destinations experienced a decline.

Objective Lens Imports in Luxembourg

In 2022, objective lens imports into Luxembourg fell to 136K units, flattening at the previous year. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of 137K units, leveling off in the following year.

In value terms, objective lens imports declined sharply to $4.3M in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of $5.8M, and then fell significantly in the following year.

Import of Objective Lens in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2715849671,60681.0%
Japan2,3851,9772,237879-28.3%
United States16972089770260.7%
Germany9307231,016568-15.2%
France1241661231537.3%
China35.215587.972.527.2%
Belgium46.917.737.966.112.1%
Poland20621212144.7-39.9%
Others2083832912090.2%
Total4,3754,9375,7774,300-0.6%

Top Suppliers of Objective Lens to Luxembourg in 2022:

  1. Netherlands (50.9K units)
  2. Japan (27.9K units)
  3. United States (22.2K units)
  4. Germany (18.0K units)
  5. France (4.9K units)
  6. China (2.3K units)
  7. Belgium (2.1K units)
  8. Poland (1.4K units)

Objective Lens Exports in Luxembourg

Objective lens exports from Luxembourg shrank notably to 8.8K units in 2022, waning by -82.7% against 2021. Overall, exports continue to indicate a sharp setback. The growth pace was the most rapid in 2021 with an increase of 260% against the previous year. As a result, the exports reached the peak of 51K units, and then contracted markedly in the following year.

In value terms, objective lens exports fell rapidly to $279K in 2022. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 328%. As a result, the exports reached the peak of $2M, and then declined dramatically in the following year.

Export of Objective Lens in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A10.0148138271.5%
Hong Kong SARN/A2.341845.3343.8%
France15.328.513827.822.0%
Germany3.60.7N/A24.990.5%
ItalyN/A4.25.515.793.3%
Belgium8303817649.4-77.5%
Portugal61.415.094.26.1-53.7%
Others46.328.344412.0-36.2%
Total9574702,012279-33.7%

Top Export Markets for Objective Lens from Luxembourg in 2022:

  1. Netherlands (4.4K units)
  2. Hong Kong SAR (1.4K units)
  3. France (0.9K units)
  4. Germany (0.8K units)
  5. Italy (0.5K units)
  6. Belgium (0.3K units)
  7. Portugal (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the objective lens market in Luxembourg. 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:

  • Luxembourg

Data coverage:

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