EU: Objective Lens Market 2024

Objective Lens Market Size in the EU

The EU objective lens market declined to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Objective Lens Production in the EU

In value terms, objective lens production soared to $X in 2022 estimated in export price. In general, production, however, recorded a abrupt descent. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Objective Lens Exports

Exports in the EU

In 2022, shipments abroad of objective lenses for cameras, projectors or photographic enlargers or reducers increased by X% to X units, rising for the fourth year in a row after four years of decline. Over the period under review, exports continue to indicate buoyant growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, objective lens exports reduced modestly to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, the Netherlands (X units) represented the largest exporter of objective lenses for cameras, projectors or photographic enlargers or reducers, constituting X% of total exports. It was distantly followed by Germany (X units) and Hungary (X units), together creating a X% share of total exports. Sweden (X units), Belgium (X units), Poland (X units), Italy (X units), France (X units), the Czech Republic (X units) and Slovakia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to objective lens exports from the Netherlands stood at X%. At the same time, Hungary (X%), the Czech Republic (X%), Poland (X%), Italy (X%), Germany (X%), France (X%), Slovakia (X%), Sweden (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Germany, Hungary and Poland increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports. Sweden, Poland, Hungary, Slovakia, Belgium, the Czech Republic and Italy lagged somewhat behind, together comprising a further X%.

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 the European Union amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per unit), while Hungary ($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 Netherlands (X%), while the other leaders experienced a decline in the export price figures.

Objective Lens Imports

Imports in the EU

In 2022, the amount of objective lenses for cameras, projectors or photographic enlargers or reducers imported in the European Union surged to X units, jumping by X% compared with the previous year. Over the period under review, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, objective lens imports amounted to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

The Netherlands represented the largest importer of objective lenses for cameras, projectors or photographic enlargers or reducers in the European Union, with the volume of imports accounting for X units, which was near X% of total imports in 2022. Germany (X units) held the second position in the ranking, distantly followed by France (X units), Poland (X units) and Spain (X units). All these countries together held approx. X% share of total imports. Sweden (X units), Belgium (X units), Italy (X units), the Czech Republic (X units), Slovakia (X units) and Romania (X units) followed a long way behind the leaders.

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

In value terms, Germany ($X), the Netherlands ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Poland, Sweden, Italy, Spain, Romania, Belgium, the Czech Republic and Slovakia lagged somewhat behind, together comprising a further X%.

Romania, 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

The import price in the European Union stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2018 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Romania ($X per unit), while Belgium ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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