Benelux: Optical Telescope Market 2024

Optical Telescope Market Size in Benelux

The Benelux optical telescope market contracted notably to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption continues to indicate a noticeable decline. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Optical Telescope Production in Benelux

In value terms, optical telescope production expanded slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Optical Telescope Exports

Exports in Benelux

In 2022, the amount of optical telescopes exported in Benelux skyrocketed to X units, rising by X% against 2021. In general, exports posted pronounced growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, optical telescope exports skyrocketed to $X in 2022. Overall, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2016 with an increase of X%. The level of export peaked in 2022 and is likely to see gradual growth in the near future.

Exports by Country

The Netherlands represented the main exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by Belgium (X units), making up a X% share of total exports. Luxembourg (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to optical telescope exports from the Netherlands stood at X%. At the same time, Luxembourg (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. By contrast, Belgium (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands and Luxembourg increased by X and X percentage points, respectively.

In value terms, Luxembourg ($X), the Netherlands ($X) and Belgium ($X) were the countries with the highest levels of exports in 2022.

Luxembourg, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2022, picking up by X% against the previous year. In general, the export price enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Luxembourg ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (X%), while the other leaders experienced a decline in the export price figures.

Optical Telescope Imports

Imports in Benelux

In 2022, after three years of growth, there was significant decline in supplies from abroad of optical telescopes, when their volume decreased by X% to X units. Over the period under review, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then shrank in the following year.

In value terms, optical telescope imports shrank rapidly to $X in 2022. In general, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X units) was the key importer of optical telescopes, creating X% of total imports. It was distantly followed by Belgium (X units), committing a X% share of total imports.

The Netherlands was also the fastest-growing in terms of the optical telescopes imports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. The Netherlands (X p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported optical telescopes in Benelux, comprising X% of total imports. The second position in the ranking was taken by Belgium ($X), with a X% share of total imports.

In the Netherlands, optical telescope imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

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

Source: IndexBox Platform

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