CIS: Objective Lens Market 2024

Objective Lens Market Size in CIS

The CIS objective lens market skyrocketed to $X in 2022, with an increase of X% against the previous year. In general, consumption enjoyed resilient growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Objective Lens Production in CIS

In value terms, objective lens production amounted to $X in 2022 estimated in export price. Overall, production showed a perceptible increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Objective Lens Exports

Exports in CIS

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

In value terms, objective lens exports fell dramatically to $X in 2022. Over the period under review, exports posted a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Kazakhstan was the largest exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by Belarus (X units), committing a X% share of total exports. Russia (X units) followed a long way behind the leaders.

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. At the same time, Belarus (X%) displayed positive paces of growth. By contrast, Russia (X%) illustrated a downward trend over the same period. Kazakhstan (X p.p.) significantly strengthened its position in terms of the total exports, while Belarus and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Russia ($X), Kazakhstan ($X) and Belarus ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

In terms of the main exporting countries, Kazakhstan, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price saw a precipitous curtailment. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Objective Lens Imports

Imports in CIS

In 2022, approx. X units of objective lenses for cameras, projectors or photographic enlargers or reducers were imported in the CIS; shrinking by X% compared with 2021. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, objective lens imports contracted markedly to $X in 2022. In general, imports saw a deep downturn. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Russia was the largest importing country with an import of around X units, which recorded X% of total imports. Kyrgyzstan (X units) ranks second in terms of the total imports with a X% share, followed by Belarus (X%) and Kazakhstan (X%). Armenia (X units) followed a long way behind the leaders.

Imports into Russia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Kyrgyzstan (X%), Armenia (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kyrgyzstan, Belarus, Kazakhstan and Armenia increased by X, X, X and X percentage points, respectively.

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

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

Import Prices by Country

The import price in the CIS stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the import price saw a slight reduction. The growth pace was the most rapid in 2013 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat 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 Kazakhstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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