Germany: Objective Lens Market Overview 2021

Objective Lens Market Size in Germany

In 2020, the German objective lens market increased by X% to $X, rising for the fourth consecutive year after four years of decline. Over the period under review, the total consumption indicated a mild increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Objective lens consumption peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Objective Lens Production in Germany

In value terms, objective lens production reached $X in 2020 estimated in export prices. Overall, production recorded a notable increase. The growth pace was the most rapid in 2011 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.

Objective Lens Exports

Exports from Germany

In 2020, exports of objective lenses for cameras, projectors or photographic enlargers or reducers from Germany expanded remarkably to X units, surging by X% on 2019 figures. Over the period under review, exports posted a resilient increase. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, objective lens exports shrank dramatically to $X in 2020. Overall, exports saw a strong expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

France (X units), Poland (X units) and the Netherlands (X units) were the main destinations of objective lens exports from Germany, together accounting for X% of total exports. Sweden, Spain, Italy, Austria, the UK, Switzerland, the Czech Republic, Romania and the U.S. lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Romania, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), France ($X) and Poland ($X) appeared to be the largest markets for objective lens exported from Germany worldwide, together comprising X% of total exports. The Netherlands, the U.S., Italy, Spain, Sweden, Austria, Switzerland, the Czech Republic and Romania lagged somewhat behind, together accounting for a further X terms of the main countries of destination, Romania saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average objective lens export price amounted to $X per unit, with a decrease of -X% against the previous year. Overall, the export price recorded a perceptible setback. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. Over the period under review, average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced mixed trend patterns.

Objective Lens Imports

Imports into Germany

For the fourth year in a row, Germany recorded growth in supplies from abroad of objective lenses for cameras, projectors or photographic enlargers or reducers, which increased by X% to X units in 2020. In general, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Imports peaked in 2020 and are likely to see steady growth in years to come.

In value terms, objective lens imports fell to $X in 2020. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2019, and then shrank in the following year.

Imports by Country

China (X units), Japan (X units) and Poland (X units) were the main suppliers of objective lens imports to Germany, with a combined X% share of total imports. These countries were followed by the Czech Republic, Viet Nam, Thailand and Taiwan (Chinese), which together accounted for a further X 2007 to 2020, the biggest increases were in Viet Nam (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Viet Nam ($X) were the largest objective lens suppliers to Germany, together comprising X% of total imports.

Viet Nam (+X% per year) saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average objective lens import price stood at $X per unit in 2020, waning by -X% against the previous year. Overall, the import price showed a perceptible curtailment. The growth pace was the most rapid in 2014 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per unit. From 2015 to 2020, the growth in terms of the average import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for objective lenses for cameras, projectors or photographic enlargers or reducers in the world?

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Japan (7.2M units) remains the largest objective lens consuming country worldwide, comprising approx. 29% of total volume. Moreover, objective lens consumption in Japan exceeded the figures recorded by the second-largest consumer, China (3.6M units), twofold. The third position in this ranking was occupied by the U.S. (2.3M units), with a 9.5% share.

What are the largest producers of objective lenses for cameras, projectors or photographic enlargers or reducers in the world?

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The country with the largest volume of objective lens production was Japan (9M units), comprising approx. 38% of total volume. Moreover, objective lens production in Japan exceeded the figures recorded by the second-largest producer, China (4.4M units), twofold. Taiwan (Chinese) (1.2M units) ranked third in terms of total production with a 4.9% share.

What are the leading suppliers of objective lenses for cameras, projectors or photographic enlargers or reducers to Germany?

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In value terms, Japan ($215M), China ($142M) and Viet Nam ($40M) constituted the largest objective lens suppliers to Germany, together comprising 74% of total imports.

What are the leading importers of objective lenses for cameras, projectors or photographic enlargers or reducers from Germany?

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In value terms, the UK ($37M), France ($36M) and Poland ($35M) appeared to be the largest markets for objective lens exported from Germany worldwide, with a combined 28% share of total exports. These countries were followed by the Netherlands, the U.S., Italy, Spain, Sweden, Austria, Switzerland, the Czech Republic and Romania, which together accounted for a further 42%.

What is the average export price for objective lenses for cameras, projectors or photographic enlargers or reducers in Germany?

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The average objective lens export price stood at $399 per unit in 2020, falling by -28.1% against the previous year.

What is the average import price for objective lenses for cameras, projectors or photographic enlargers or reducers in Germany?

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In 2020, the average objective lens import price amounted to $341 per unit, waning by -23.7% against the previous year.