Optical Telescope Market
Optical telescope market: find recently published facts and figures provided by an Ai-driven market research platform. Statistics contain trade, imports, market prices, production, exports, companies, consumption, and market size. Here is a split by region, including China, Russia, Africa, the U.S., the U.K., Latin America, EU, and the Middle East. Market insights and outlook to 2030 are also featured in the snapshots.
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Optical Telescope - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | Bahrain |
| 2 | United States |
| 3 | United Kingdom |
| 4 | China |
| 5 | Netherlands |
In value terms, Bahrain, the United States and the UK were the countries with the highest levels of market value in 2020, with a combined 32% share of the global market.
Bahrain (+3,565.1% per year) saw the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while optical telescope market for the other global leaders experienced more modest paces of growth.
Optical Telescope Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| China | 33 | 28 | 34 | 1.9% |
| Germany | 165 | 135 | 125 | -13.0% |
| United States | 272 | 339 | 231 | -7.9% |
| Average | 84 | 85 | 92 | 4.5% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the United States ($231 per unit), while China ($34 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| United Kingdom | 70 | 85 | 133 | 38.2% |
| Netherlands | 50 | 102 | 117 | 52.2% |
| Germany | 99 | 102 | 99 | 0.2% |
| Japan | 43 | 80 | 74 | 30.8% |
| United States | 46 | 55 | 45 | -1.6% |
| Hong Kong SAR | 30 | 36 | 40 | 15.3% |
| Poland | 70 | 43 | 34 | -30.1% |
| Thailand | 26 | 36 | 29 | 5.8% |
| Slovenia | 14 | 33 | 13 | -4.4% |
| Bahrain | 8.9 | 2.6 | 2.2 | -50.6% |
| Average | 64 | 66 | 45 | -16.0% |
Prices varied noticeably by the country of destination; the country with the highest price was the UK ($133 per unit), while Bahrain ($2.2 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands (+52.2% per year), while the other global leaders experienced more modest paces of growth.
Optical Telescope - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 89 | 89 | 114 | 13.4% |
| United Kingdom | 13 | 27 | 48 | 90.3% |
| Germany | 40 | 46 | 42 | 2.7% |
| Netherlands | 7.8 | 18 | 29 | 91.7% |
| Hong Kong SAR | 18 | 14 | 14 | -10.8% |
In value terms, the United States ($114M) constitutes the largest market for imported optical telescopes worldwide, comprising 25% of global imports. The second position in the ranking was occupied by the UK ($48M), with a 10% share of global imports. It was followed by Germany, with a 9.2% share.
From 2018 to 2020, the average annual growth rate of value in the United States stood at +13.4%. The remaining importing countries recorded the following average annual rates of imports growth: the UK (+90.3% per year) and Germany (+2.7% per year).
Optical Telescope - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| China | 141 | 142 | 180 | 13.0% |
| United States | 53 | 75 | 49 | -4.1% |
| Germany | 36 | 37 | 37 | 1.6% |
In value terms, China ($180M) remains the largest optical telescope supplier worldwide, comprising 31% of global exports. The second position in the ranking was occupied by the United States ($49M), with a 8.5% share of global exports.
From 2018 to 2020, the average annual growth rate of value in China totaled +13.0%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (-4.1% per year) and Germany (+1.6% per year).
Optical Telescope - Market Forecast
The optical telescope market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -0.9% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Optical Telescope - Product Coverage
- HS 900580 - Monoculars; other optical telescopes and astronomical instruments, excluding instruments for radio-astronomy
This report provides an in-depth analysis of the global optical telescope market.
This report provides an in-depth analysis of the optical telescope market in Central Asia.
This report provides an in-depth analysis of the optical telescope market in Africa.
This report provides an in-depth analysis of the optical telescope market in Australia and Oceania.
This report provides an in-depth analysis of the optical telescope market in Latin America and the Caribbean.
This report provides an in-depth analysis of the optical telescope market in Southern Asia.
This report provides an in-depth analysis of the optical telescope market in Eastern Asia.
This report provides an in-depth analysis of the optical telescope market in Northern America.
This report provides an in-depth analysis of the optical telescope market in South-Eastern Asia.
This report provides an in-depth analysis of the optical telescope market in the Middle East.
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