France: Optical Telescope Market 2024

Optical Telescope Market Size in France

In 2022, the French optical telescope market decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption continues to indicate a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Optical Telescope Production in France

In value terms, optical telescope production declined remarkably to $X in 2022 estimated in export price. Overall, production saw a dramatic decrease. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Optical telescope production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Optical Telescope Exports

Exports from France

After five years of growth, shipments abroad of optical telescopes decreased by X% to X units in 2022. Overall, exports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, optical telescope exports rose markedly to $X in 2022. In general, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for optical telescope exports from France, accounting for a X% share of total exports. Moreover, optical telescope exports to Spain exceeded the volume sent to the second major destination, the United States (X units), threefold. Belgium (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Belgium (X% per year).

In value terms, the United States ($X) remains the key foreign market for optical telescopes exports from France, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with an X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and Germany (X% per year).

Export Prices by Country

The average optical telescope export price stood at $X per unit in 2022, surging by X% against the previous year. In general, the export price saw slight growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Telescope Imports

Imports into France

Optical telescope imports into France rose modestly to X units in 2022, surging by X% against the previous year. Overall, imports showed a tangible expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, optical telescope imports contracted to $X in 2022. Over the period under review, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, China (X units) constituted the largest optical telescope supplier to France, accounting for a X% share of total imports. Moreover, optical telescope imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Belgium (X% per year).

In value terms, China ($X) constituted the largest supplier of optical telescopes to France, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average optical telescope import price amounted to $X per unit, waning by X% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, optical telescope import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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