Latest Report Update: Sep 11, 2021

Australia - Objective Lenses For Cameras, Projectors Or Photographic Enlargers Or Reducers - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Australia: Objective Lens Market Overview 2021

Objective Lens Market Size in Australia

The Australian objective lens market totaled $X in 2020, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a prominent increase. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Objective lens consumption peaked at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Objective Lens Exports

Exports from Australia

In 2020, overseas shipments of objective lenses for cameras, projectors or photographic enlargers or reducers increased by X% to X units for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports saw resilient growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, objective lens exports surged to $X in 2020. In general, exports saw resilient growth. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X units) was the main destination for objective lens exports from Australia, accounting for a X% share of total exports. Moreover, objective lens exports to Hong Kong SAR exceeded the volume sent to the second major destination, New Zealand (X units), more than tenfold. The U.S. (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Hong Kong SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-X% per year) and the U.S. (-X% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for objective lens exports from Australia, comprising X% of total exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2020, the average annual growth rate of value to Hong Kong SAR stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+X% per year) and the U.S. (+X% per year).

Export Prices by Country

In 2020, the average objective lens export price amounted to $X per unit, picking up by X% against the previous year. In general, export price indicated a pronounced increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2020, the highest prices were recorded for prices to the United Arab Emirates ($X per unit) and the U.S. ($X per unit), while the average price for exports to Hong Kong SAR ($X per unit) and New Zealand ($X per unit) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.

Objective Lens Imports

Imports into Australia

After three years of decline, supplies from abroad of objective lenses for cameras, projectors or photographic enlargers or reducers increased by X% to X units in 2020. Over the period under review, imports showed a resilient increase. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2020, imports remained at a lower figure.

In value terms, objective lens imports soared to $X in 2020. Overall, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X units), Japan (X units) and China (X units) were the main suppliers of objective lens imports to Australia, with a combined X% share of total imports. These countries were followed by Malaysia, Taiwan (Chinese), the U.S. and Viet Nam, which together accounted for a further X 2007 to 2020, the biggest increases were in Viet Nam (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of objective lens to Australia, comprising X% of total imports. The second position in the ranking was occupied by Thailand ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Japan totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and China (+X% per year).

Import Prices by Country

In 2020, the average objective lens import price amounted to $X per unit, declining by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% year-to-year. The import price peaked at $X per unit in 2010; however, from 2011 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Viet Nam ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for objective lenses for cameras, projectors or photographic enlargers or reducers in the world?
+
The countries with the highest volumes of objective lens consumption in 2020 were China (4.4M units), Japan (3.9M units) and the U.S. (3.2M units), with a combined 55% share of global consumption. South Korea, Hong Kong SAR, Indonesia, Germany, Bangladesh, Viet Nam, France and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further 21%.
What are the largest producers of objective lenses for cameras, projectors or photographic enlargers or reducers in the world?
+
The countries with the highest volumes of objective lens production in 2020 were China (4.9M units), Japan (4.9M units) and the U.S. (1M units), together comprising 60% of global production. These countries were followed by Thailand, Taiwan (Chinese), Bangladesh, Malaysia, Indonesia, South Korea, Democratic Republic of the Congo, the Philippines and France, which together accounted for a further 23%.
What are the leading suppliers of objective lenses for cameras, projectors or photographic enlargers or reducers to Australia?
+
In value terms, Japan ($37M) constituted the largest supplier of objective lens to Australia, comprising 44% of total imports. The second position in the ranking was occupied by Thailand ($13M), with a 16% share of total imports. It was followed by China, with a 15% share.
What are the leading importers of objective lenses for cameras, projectors or photographic enlargers or reducers from Australia?
+
In value terms, Hong Kong SAR ($23M) remains the key foreign market for objective lens exports from Australia, comprising 78% of total exports. The second position in the ranking was occupied by New Zealand ($1.8M), with a 6.4% share of total exports. It was followed by the U.S., with a 4.1% share.
What is the average export price for objective lenses for cameras, projectors or photographic enlargers or reducers in Australia?
+
The average objective lens export price stood at $738 per unit in 2020, jumping by 50% against the previous year.
What is the average import price for objective lenses for cameras, projectors or photographic enlargers or reducers in Australia?
+
The average objective lens import price stood at $415 per unit in 2020, reducing by -9.7% against the previous year.

Product coverage:
• Prodcom 26701100 - Mounted objective lenses, of any material, for cameras, p rojectors or photographic enlargers or reducers

This report provides an in-depth analysis of the objective lens market in Australia. 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 2025.


Country coverage:
• Australia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Australia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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