Australia and Oceania: Mounted Objective Lens Market 2024

Mounted Objective Lens Market Size in Australia and Oceania

In 2022, the mounted objective lens market in Australia and Oceania increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, continues to indicate a pronounced shrinkage. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Mounted Objective Lens Production in Australia and Oceania

In value terms, mounted objective lens production rose notably to $X in 2022 estimated in export price. Over the period under review, production saw a resilient increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Mounted Objective Lens Exports

Exports in Australia and Oceania

In 2022, approx. X units of mounted objective lenses were exported in Australia and Oceania; remaining stable against the year before. Over the period under review, exports, however, recorded buoyant growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, mounted objective lens exports totaled $X in 2022. In general, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Australia dominates exports structure, accounting for X units, which was approx. X% of total exports in 2022. It was distantly followed by New Zealand (X units), creating a X% share of total exports.

Australia was also the fastest-growing in terms of the mounted objective lenses exports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. While the share of Australia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest mounted objective lens supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with a X% share of total exports.

In Australia, mounted objective lens exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, increasing by X% against the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mounted objective lens export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Mounted Objective Lens Imports

Imports in Australia and Oceania

In 2022, purchases abroad of mounted objective lenses increased by X% to X units, rising for the second consecutive year after four years of decline. Over the period under review, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, mounted objective lens imports totaled $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X units) was the largest importer of mounted objective lenses, making up X% of total imports. It was distantly followed by New Zealand (X units), constituting an X% share of total imports.

Imports into Australia decreased at an average annual rate of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported mounted objective lenses in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled X%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2021, and then shrank slightly in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Source: IndexBox Platform

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