Eastern Europe: Mounted Objective Lens Market 2024

Mounted Objective Lens Market Size in Eastern Europe

For the third consecutive year, the East European mounted objective lens market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Mounted Objective Lens Production in Eastern Europe

In value terms, mounted objective lens production totaled $X in 2022 estimated in export price. In general, production, however, recorded a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Mounted Objective Lens Exports

Exports in Eastern Europe

After three years of growth, shipments abroad of mounted objective lenses decreased by X% to X units in 2022. Over the period under review, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by X%. The volume of export peaked at X units in 2021, and then fell notably in the following year.

In value terms, mounted objective lens exports contracted remarkably to $X in 2022. In general, exports, however, showed a notable increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

In 2022, Hungary (X units) and Poland (X units) represented the major exporters of mounted objective lenses in Eastern Europe, together constituting X% of total exports. Slovakia (X units) ranks next in terms of the total exports with a X% share, followed by the Czech Republic (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and Slovakia ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the export price saw a perceptible descent. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum 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 Slovakia ($X per unit), while Hungary ($X per unit) was amongst the lowest.

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

Mounted Objective Lens Imports

Imports in Eastern Europe

After five years of growth, purchases abroad of mounted objective lenses decreased by X% to X units in 2022. Overall, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2021, and then shrank in the following year.

In value terms, mounted objective lens imports reached $X in 2022. Over the period under review, imports, however, showed strong growth. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Hungary (X units), Poland (X units) and Romania (X units) was the major importer of mounted objective lenses in Eastern Europe, achieving X% of total import. The Czech Republic (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Slovakia (X%). Russia (X units) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Hungary ($X) and Romania ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Hungary, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, recorded a mild curtailment. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 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 Poland ($X per unit), while Romania ($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 other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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