Europe: Mounted Lens Market 2024

Mounted Lens Market Size in Europe

The Europe mounted lens market shrank to $X in 2022, reducing by X% against the previous year. Overall, consumption enjoyed prominent growth. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Mounted Lens Production in Europe

In value terms, mounted lens production reached $X in 2022 estimated in export price. Overall, production posted a prominent increase. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in years to come.

Mounted Lens Exports

Exports in Europe

In 2022, overseas shipments of mounted lenses, prisms and mirrors decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, mounted lens exports totaled $X in 2022. The total export 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Spain represented the key exporting country with an export of around X units, which resulted at X% of total exports. Germany (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%). The UK (X units), Switzerland (X units), Belgium (X units) and France (X units) held a minor share of total exports.

From 2012 to 2022, average annual rates of growth with regard to mounted lens exports from Spain stood at X%. At the same time, the Netherlands (X%), Belgium (X%) and Switzerland (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, the UK (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Spain and the Netherlands increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest mounted lens supplier in Europe, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Switzerland (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, rising by X% against the previous year. Overall, the export price saw slight growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Switzerland ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Mounted Lens Imports

Imports in Europe

In 2022, the amount of mounted lenses, prisms and mirrors imported in Europe stood at X units, increasing by X% against the previous year's figure. In general, imports posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, mounted lens imports rose modestly to $X in 2022. Overall, imports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The UK was the largest importing country with an import of about X units, which accounted for X% of total imports. Italy (X units) ranks second in terms of the total imports with a X% share, followed by Spain (X%), Germany (X%), the Netherlands (X%) and Belgium (X%). Romania (X units), Hungary (X units), France (X units), Poland (X units) and Portugal (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to mounted lens imports into the UK stood at X%. At the same time, Italy (X%), Hungary (X%), Belgium (X%), Portugal (X%), Poland (X%), Germany (X%) and France (X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. By contrast, Spain (X%), Romania (X%) and the Netherlands (X%) illustrated a downward trend over the same period. While the share of the UK (X p.p.), Italy (X p.p.) and Belgium (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Germany (X p.p.), Romania (X p.p.), Spain (X p.p.) and the Netherlands (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the Netherlands ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

In terms of the main importing countries, the UK, with a CAGR of X%, recorded the highest growth rate of the value of imports, 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 Europe amounted to $X per unit, which is down by X% against the previous year. Overall, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2019 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.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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