Estonia: Objective Lens Market Overview 2020

Objective Lens Market Size in Estonia

The revenue of the objective lens market in Estonia amounted to $X in 2018, standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total market indicated a noticeable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, objective lens consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Estonia objective lens consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Objective Lens Exports

Exports from Estonia

In 2018, the objective lens exports from Estonia totaled X units, going up by X% against the previous year. In general, objective lens exports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. In that year, objective lens exports attained their peak of X units. From 2017 to 2018, the growth of objective lens exports remained at a somewhat lower figure.

In value terms, objective lens exports totaled $X in 2018. Over the period under review, objective lens exports continue to indicate skyrocketing growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. In that year, objective lens exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, China (X units) and Japan (X units) represented the main exporters of objective lenses for cameras, projectors or photographic enlargers or reducersin the world, together resulting at approx. X% of total exports. It was distantly followed by Taiwan, Chinese (X units), Malaysia (X units), the Netherlands (X units) and Germany (X units), together committing a X% share of total exports. The Philippines (X units), Thailand (X units) and South Korea (X units) took a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the largest objective lens supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In Japan, objective lens exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: China (-X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the objective lens export price in Estonia amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the objective lens export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. In that year, the export prices for objective lenses for cameras, projectors or photographic enlargers or reducers reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Thailand ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced more modest paces of growth.

Objective Lens Imports

Imports into Estonia

In 2018, the imports of objective lenses for cameras, projectors or photographic enlargers or reducers into Estonia amounted to X units, going up by X% against the previous year. Overall, objective lens imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, objective lens imports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, objective lens imports stood at $X in 2018. In general, the total imports indicated a measured increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, objective lens imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Estonia imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X units), China, Hong Kong SAR (X units), Malaysia (X units), China (X units), the Netherlands (X units), Germany (X units) and Japan (X units) represented the largest importers of objective lenses for cameras, projectors or photographic enlargers or reducers in the world, making up X% of total import. The following importers - the Philippines (X units), the UK (X units), Thailand (X units), France (X units) and Australia (X units) - each recorded a X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the largest objective lens importing markets into Estonia were the U.S. ($X), China ($X) and Germany ($X), together accounting for X% of total imports.

In terms of the main importing countries, Germany recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the objective lens import price in Estonia amounted to $X per unit, declining by -X% against the previous year. In general, the objective lens import price continues to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. Over the period under review, the import prices for objective lenses for cameras, projectors or photographic enlargers or reducers reached their peak figure at $X per unit in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Australia ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform