Eastern Europe: Objective Lens Market 2024

Objective Lens Market Size in Eastern Europe

The East European objective lens market was estimated at $X in 2022, approximately reflecting the previous year. Overall, consumption, however, continues to indicate a deep downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Objective Lens Production in Eastern Europe

In value terms, objective lens production reduced slightly to $X in 2022 estimated in export price. In general, production, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Objective Lens Exports

Exports in Eastern Europe

After three years of growth, shipments abroad of objective lenses for cameras, projectors or photographic enlargers or reducers decreased by X% to X units in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. The volume of export peaked at X units in 2021, and then fell in the following year.

In value terms, objective lens exports declined sharply to $X in 2022. Overall, exports, however, saw a measured expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then reduced sharply in the following year.

Exports by Country

In 2022, Hungary (X units) was the main exporter of objective lenses for cameras, projectors or photographic enlargers or reducers, comprising X% of total exports. Poland (X units) ranks second in terms of the total exports with a X% share, followed by the Czech Republic (X%) and Slovakia (X%).

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main 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) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Hungary, 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 more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, reducing by X% against the previous year. In general, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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.

Objective Lens Imports

Imports in Eastern Europe

In 2022, approx. X units of objective lenses for cameras, projectors or photographic enlargers or reducers were imported in Eastern Europe; surging by X% against the previous year's figure. Over the period under review, imports saw strong growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, objective lens imports amounted to $X in 2022. In general, imports posted strong growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

In 2022, Poland (X units) represented the major importer of objective lenses for cameras, projectors or photographic enlargers or reducers, creating X% of total imports. The Czech Republic (X units) ranks second in terms of the total imports with a X% share, followed by Slovakia (X%), Romania (X%) and Hungary (X%).

From 2012 to 2022, average annual rates of growth with regard to objective lens imports into Poland stood at X%. At the same time, Hungary (X%), Romania (X%), the Czech Republic (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Poland (X p.p.), Hungary (X p.p.), Romania (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total imports, while Slovakia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest objective lens importing markets in Eastern Europe were Poland ($X), Hungary ($X) and Romania ($X), with a combined X% share of total imports.

Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to 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, shrinking by X% against the previous year. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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