Europe: Objective Lens Market 2024

Objective Lens Market Size in Europe

The Europe objective lens market fell modestly to $X in 2022, approximately equating the previous year. Over the period under review, consumption, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X%. 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 Europe

In value terms, objective lens production surged to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt slump. 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.

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Objective Lens Exports

Exports in Europe

In 2022, overseas shipments 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. Overall, exports saw a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, objective lens exports dropped modestly to $X in 2022. In general, exports, however, continue to indicate 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, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands represented the major exporting country with an export of around X units, which resulted at X% of total exports. It was distantly followed by Germany (X units) and Hungary (X units), together mixing up 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) took a relatively small share of total exports.

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 Europe, 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 largest objective lens supplying countries in Europe were the Netherlands ($X), Germany ($X) and France ($X), together accounting for 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

The export price in Europe stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price saw a abrupt decline. 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 attained the maximum 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 Europe

In 2022, approx. X units of objective lenses for cameras, projectors or photographic enlargers or reducers were imported in Europe; growing by X% against the year before. In general, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, objective lens imports amounted to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. 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 peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X units) was the key importer of objective lenses for cameras, projectors or photographic enlargers or reducers, making up X% of total imports. It was distantly followed by Germany (X units), France (X units) and Poland (X units), together making up a X% share of total imports. Spain (X units), Sweden (X units), Belgium (X units), Italy (X units), the Czech Republic (X units), the UK (X units) and Slovakia (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest objective lens importing markets in Europe were Germany ($X), the Netherlands ($X) and the UK ($X), with a combined X% share of total imports. France, Poland, Sweden, Italy, Spain, Belgium, the Czech Republic and Slovakia lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw 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 Europe amounted to $X per unit, reducing by X% against the previous year. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per unit in 2013; however, from 2014 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 the UK ($X per unit), while Belgium ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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