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

Singapore - 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 Singapore - 2022

Contents:

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

Objective Lens Price in Singapore (FOB) - 2022

In 2022, the average objective lens export price amounted to $154 per unit, increasing by 34% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, objective lens export price increased by +65.6% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 36%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($171 per unit) and India ($171 per unit), while the average price for exports to South Korea ($145 per unit) and Hong Kong SAR ($146 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 India (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Objective Lens Price in Singapore (CIF) - 2022

The average objective lens import price stood at $132 per unit in September 2022, reducing by -13.9% against the previous month. In general, the import price, however, continues to indicate moderate growth. The most prominent rate of growth was recorded in June 2022 when the average import price increased by 207% against the previous month. As a result, import price reached the peak level of $299 per unit. From July 2022 to September 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2022, the country with the highest price was Germany ($335 per unit), while the price for China ($29.6 per unit) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Objective Lens Exports in Singapore

In 2022, overseas shipments of objective lenses for cameras, projectors or photographic enlargers or reducers decreased by -38.2% to 666K units, falling for the second consecutive year after two years of growth. In general, exports faced a significant decline. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. As a result, the exports reached the peak of 2.5M units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, objective lens exports dropped notably to $103M in 2022. Over the period under review, exports showed a precipitous contraction. The pace of growth appeared the most rapid in 2020 with an increase of 12%. As a result, the exports reached the peak of $237M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Objective Lens in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia49.278.750.030.3-14.9%
China11021.72.122.9-40.7%
Hong Kong SAR16.186.824.721.710.5%
Indonesia6.37.713.46.93.1%
South Korea1.624.46.15.550.9%
India1.62.35.52.921.9%
Taiwan (Chinese)4.13.64.72.4-16.3%
United States1.72.23.71.93.8%
Vietnam4.51.23.41.7-27.7%
Thailand4.92.42.51.7-29.7%
Others10.45.97.64.7-23.3%
Total211237124103-21.3%

Top Export Markets for Objective Lens from Singapore in 2022:

  1. Malaysia (199.6K units)
  2. Hong Kong SAR (148.5K units)
  3. China (148.2K units)
  4. Indonesia (40.5K units)
  5. South Korea (37.7K units)
  6. India (16.7K units)
  7. Taiwan (Chinese) (14.1K units)
  8. United States (11.2K units)
  9. Thailand (10.9K units)
  10. Vietnam (10.1K units)

Objective Lens Imports in Singapore

In 2022, objective lens imports into Singapore rose notably to 1.1M units, picking up by 10% against the previous year. In general, imports, however, showed a dramatic setback. Imports peaked at 2.3M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, objective lens imports skyrocketed to $148M in 2022. Over the period under review, imports, however, continue to indicate a deep slump. Imports peaked at $214M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Objective Lens in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)1123.04.640.1-29.0%
Malaysia35.021.934.735.80.8%
Japan39.826.232.733.3-5.8%
China6.022.15.411.323.5%
Germany6.53.96.66.81.5%
United States4.94.13.84.3-4.3%
Vietnam1.50.24.04.139.8%
United Arab Emirates2.02.22.22.34.8%
Others5.65.19.910.222.1%
Total21488.8104148-11.6%

Top Suppliers of Objective Lens to Singapore in 2022:

  1. Taiwan (Chinese) (311.3K units)
  2. Japan (244.9K units)
  3. Malaysia (241.5K units)
  4. China (83.7K units)
  5. Germany (46.2K units)
  6. United States (31.8K units)
  7. Vietnam (27.8K units)
  8. United Arab Emirates (26.6K units)

Source: IndexBox Market Intelligence Platform

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

  • Singapore

Data coverage:

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