Latest Report Update: Sep 11, 2021

Belgium - Objective Lenses For Cameras, Projectors Or Photographic Enlargers Or Reducers - Market Analysis, Forecast, Size, Trends and Insights
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Belgium: Objective Lens Market Overview 2021

Objective Lens Market Size in Belgium

In 2020, after two years of decline, there was growth in the Belgian objective lens market, when its value increased by X% to $X. Over the period under review, consumption recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. from 2012 to 2020, the growth of the market failed to regain the momentum.

Objective Lens Production in Belgium

In value terms, objective lens production amounted to $X in 2020 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, production reached the peak level of $X. from 2009 to 2020, production growth remained at a lower figure.

Objective Lens Exports

Exports from Belgium

After two years of growth, overseas shipments of objective lenses for cameras, projectors or photographic enlargers or reducers decreased by -X% to X units in 2020. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at X units in 2010; however, from 2011 to 2020, exports remained at a lower figure.

In value terms, objective lens exports declined significantly to $X in 2020. Over the period under review, exports showed a deep contraction. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. As a result, exports reached the peak of $X. from 2013 to 2020, the growth exports failed to regain the momentum.

Exports by Country

The U.S. (X units) was the main destination for objective lens exports from Belgium, accounting for a X% share of total exports. Moreover, objective lens exports to the U.S. exceeded the volume sent to the second major destination, France (X units), twofold. India (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 the U.S. amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-X% per year) and India (+X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-X% per year) and France (-X% per year).

Export Prices by Country

In 2020, the average objective lens export price amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, continues to indicate a slight shrinkage. The export price peaked at $X per unit in 2013; however, from 2014 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 Hong Kong SAR ($X per unit), while the average price for exports to India ($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 Hong Kong SAR, while the prices for the other major destinations experienced mixed trend patterns.

Objective Lens Imports

Imports into Belgium

In 2020, after two years of growth, there was significant decline in purchases abroad of objective lenses for cameras, projectors or photographic enlargers or reducers, when their volume decreased by -X% to X units. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by X% year-to-year. As a result, imports attained the peak of X units, and then shrank rapidly in the following year.

In value terms, objective lens imports fell markedly to $X in 2020. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, the Netherlands (X units) constituted the largest objective lens supplier to Belgium, with a X% share of total imports. Moreover, objective lens imports from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. The third position in this ranking was occupied by Japan (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from the Netherlands amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Japan (-X% per year).

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

From 2007 to 2020, the average annual growth rate of value from the Netherlands stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Japan (-X% per year).

Import Prices by Country

In 2020, the average objective lens import price amounted to $X per unit, with a decrease of -X% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2009 when the average import price increased by X% year-to-year. The import price peaked at $X per unit in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

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?
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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), together comprising 55% of global consumption. South Korea, Hong Kong SAR, Indonesia, Germany, Bangladesh, Viet Nam, France and Democratic Republic of the Congo lagged somewhat behind, together comprising 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), with a combined 60% share 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 Belgium?
+
In value terms, the Netherlands ($11M) constituted the largest supplier of objective lens to Belgium, comprising 44% of total imports. The second position in the ranking was occupied by Germany ($4M), with a 16% share of total imports. It was followed by Japan, with a 14% share.
What are the leading importers of objective lenses for cameras, projectors or photographic enlargers or reducers from Belgium?
+
In value terms, the U.S. ($2.4M) remains the key foreign market for objective lens exports from Belgium, comprising 19% of total exports. The second position in the ranking was occupied by the Netherlands ($1.1M), with a 8.8% share of total exports. It was followed by France, with a 8.3% share.
What is the average export price for objective lenses for cameras, projectors or photographic enlargers or reducers in Belgium?
+
The average objective lens export price stood at $361 per unit in 2020, rising by 38% against the previous year.
What is the average import price for objective lenses for cameras, projectors or photographic enlargers or reducers in Belgium?
+
In 2020, the average objective lens import price amounted to $183 per unit, with a decrease of -24.1% 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 Belgium. 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:
• Belgium

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