Bulgaria: Objective Lens Market 2024

Objective Lens Market Size in Bulgaria

The Bulgarian objective lens market reached $X in 2022, standing approx. at the previous year. Overall, consumption, however, saw a pronounced downturn. Objective lens consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Objective Lens Production in Bulgaria

In value terms, objective lens production fell slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a noticeable slump. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Objective lens production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Objective Lens Exports

Exports from Bulgaria

In 2022, the amount of objective lenses for cameras, projectors or photographic enlargers or reducers exported from Bulgaria amounted to X units, increasing by X% compared with the previous year's figure. Overall, exports, however, saw a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, objective lens exports declined notably to $X in 2022. Over the period under review, exports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units) was the main destination for objective lens exports from Bulgaria, with a X% share of total exports. Moreover, objective lens exports to the Netherlands exceeded the volume sent to the second major destination, Lithuania (X units), twofold. The third position in this ranking was held by Malta (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Malta (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for objective lenses for cameras, projectors or photographic enlargers or reducers exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the average objective lens export price amounted to $X per unit, waning by X% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Objective Lens Imports

Imports into Bulgaria

In 2022, approx. X units of objective lenses for cameras, projectors or photographic enlargers or reducers were imported into Bulgaria; increasing by X% on 2021 figures. Over the period under review, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, objective lens imports soared to $X in 2022. Overall, imports, however, continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest objective lens supplier to Bulgaria, with a X% share of total imports. Moreover, objective lens imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), twofold. The Netherlands (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and the Netherlands (X% per year).

In value terms, Austria ($X), the Netherlands ($X) and Germany ($X) constituted the largest objective lens suppliers to Bulgaria, together accounting for X% of total imports. Slovakia, China, Greece, Sweden, Romania and the UK lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, 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

In 2022, the average objective lens import price amounted to $X per unit, waning by X% against the previous year. Overall, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2015 an increase of X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :