Austria: Objective Lens Market Overview 2021

Objective Lens Market Size in Austria

In 2020, the Austrian objective lens market increased by X% to $X, rising for the fourth consecutive year after three years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2020, consumption remained at a lower figure.

Objective Lens Production in Austria

In value terms, objective lens production contracted rapidly to $X in 2020 estimated in export prices. In general, production continues to indicate modest growth. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Objective lens production peaked at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Objective Lens Exports

Exports from Austria

In 2020, shipments abroad of objective lenses for cameras, projectors or photographic enlargers or reducers decreased by -X% to X units for the first time since 2016, thus ending a three-year rising trend. In general, exports, however, recorded pronounced growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at X units in 2019, and then contracted remarkably in the following year.

In value terms, objective lens exports contracted rapidly to $X in 2020. Over the period under review, exports, however, recorded moderate growth. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Belgium (X units), Germany (X units) and Italy (X units) were the main destinations of objective lens exports from Austria, with a combined X% share of total exports. These countries were followed by the U.S., China, Spain and the Netherlands, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for objective lens exported from Austria were Germany ($X), the U.S. ($X) and Belgium ($X), with a combined X% share of total exports. These countries were followed by China, Spain, the Netherlands and Italy, which together accounted for a further X (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average objective lens export price stood at $X per unit in 2020, dropping by -X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per unit in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced mixed trend patterns.

Objective Lens Imports

Imports into Austria

In 2020, the amount of objective lenses for cameras, projectors or photographic enlargers or reducers imported into Austria was estimated at X units, approximately mirroring the year before. Over the period under review, imports recorded a modest expansion. The pace of growth appeared the most rapid in 2009 when imports increased by X% year-to-year. Imports peaked at X units in 2013; however, from 2014 to 2020, imports remained at a lower figure.

In value terms, objective lens imports fell dramatically to $X in 2020. Overall, imports showed a moderate expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

Germany (X units), Japan (X units) and China (X units) were the main suppliers of objective lens imports to Austria, together comprising X% of total imports. These countries were followed by the Czech Republic, Thailand, Poland and Malaysia, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest objective lens suppliers to Austria were Japan ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Poland, Thailand, the Czech Republic and Malaysia lagged somewhat behind, together accounting for a further X (+X% per year) saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average objective lens import price stood at $X per unit in 2020, declining by -X% against the previous year. In general, the import price, however, recorded a modest expansion. The growth pace was the most rapid in 2011 when the average import price increased by X% y-o-y. The import price peaked at $X per unit in 2019, and then dropped dramatically in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

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

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for objective lenses for cameras, projectors or photographic enlargers or reducers in the world?

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Japan (7.2M units) constituted the country with the largest volume of objective lens consumption, accounting for 29% of total volume. Moreover, objective lens consumption in Japan exceeded the figures recorded by the second-largest consumer, China (3.6M units), twofold. The third position in this ranking was occupied by the U.S. (2.3M units), with a 9.5% share.

What are the largest producers of objective lenses for cameras, projectors or photographic enlargers or reducers in the world?

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Japan (9M units) constituted the country with the largest volume of objective lens production, accounting for 38% of total volume. Moreover, objective lens production in Japan exceeded the figures recorded by the second-largest producer, China (4.4M units), twofold. The third position in this ranking was occupied by Taiwan (Chinese) (1.2M units), with a 4.9% share.

What are the leading suppliers of objective lenses for cameras, projectors or photographic enlargers or reducers to Austria?

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In value terms, the largest objective lens suppliers to Austria were Japan ($10M), Germany ($6.9M) and China ($3.5M), with a combined 71% share of total imports. Poland, Thailand, the Czech Republic and Malaysia lagged somewhat behind, together accounting for a further 17%.

What are the leading importers of objective lenses for cameras, projectors or photographic enlargers or reducers from Austria?

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In value terms, Germany ($1.4M), the U.S. ($1.4M) and Belgium ($1.2M) were the largest markets for objective lens exported from Austria worldwide, with a combined 56% share of total exports. These countries were followed by China, Spain, the Netherlands and Italy, which together accounted for a further 14%.

What is the average export price for objective lenses for cameras, projectors or photographic enlargers or reducers in Austria?

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The average objective lens export price stood at $430 per unit in 2020, shrinking by -14.9% against the previous year.

What is the average import price for objective lenses for cameras, projectors or photographic enlargers or reducers in Austria?

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The average objective lens import price stood at $653 per unit in 2020, declining by -18.9% against the previous year.