Central Asia: Objective Lens Market 2024

Objective Lens Market Size in Central Asia

The Central Asian objective lens market surged to $X in 2022, with an increase of X% against the previous year. Overall, consumption showed a significant increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Objective Lens Production in Central Asia

In value terms, objective lens production reached $X in 2022 estimated in export price. Overall, production posted a resilient expansion. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Objective Lens Exports

Exports in Central Asia

In 2022, shipments abroad of objective lenses for cameras, projectors or photographic enlargers or reducers increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, objective lens exports skyrocketed to $X in 2022. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

The biggest shipments were from Kazakhstan (X units), together resulting at X% of total export.

Kazakhstan was also the fastest-growing in terms of the objective lenses for cameras, projectors or photographic enlargers or reducers exports, with a CAGR of X% from 2012 to 2022. While the share of Kazakhstan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) also remains the largest objective lens supplier in Central Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in Kazakhstan totaled X%.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price continues to indicate a sharp setback. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to X% per year.

Objective Lens Imports

Imports in Central Asia

In 2022, approx. X units of objective lenses for cameras, projectors or photographic enlargers or reducers were imported in Central Asia; picking up by X% on the year before. In general, imports recorded a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, objective lens imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Kyrgyzstan represented the major importer of objective lenses for cameras, projectors or photographic enlargers or reducers in Central Asia, with the volume of imports accounting for X units, which was near X% of total imports in 2022. Kazakhstan (X units) ranks second in terms of the total imports with a X% share, followed by Turkmenistan (X%). The following importers - Uzbekistan (X units) and Mongolia (X units) - together made up X% of total imports.

Kyrgyzstan was also the fastest-growing in terms of the objective lenses for cameras, projectors or photographic enlargers or reducers imports, with a CAGR of X% from 2012 to 2022. At the same time, Uzbekistan (X%) and Turkmenistan (X%) displayed positive paces of growth. By contrast, Kazakhstan (X%) and Mongolia (X%) illustrated a downward trend over the same period. Kyrgyzstan (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Mongolia and Kazakhstan saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported objective lenses for cameras, projectors or photographic enlargers or reducers in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Turkmenistan ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

In Kazakhstan, objective lens imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkmenistan (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, dropping by X% against the previous year. Overall, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of import peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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