Hong Kong SAR, China: Mounted Objective Lens Market 2024

Mounted Objective Lens Market Size in Hong Kong SAR, China

The Hong Kong mounted objective lens market shrank notably to $X in 2022, with a decrease of X% against the previous year. In general, consumption saw a abrupt shrinkage. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Mounted Objective Lens Production in Hong Kong SAR, China

In value terms, mounted objective lens production amounted to less than $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt contraction. The growth pace was the most rapid in 2018 with a decrease of X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Mounted Objective Lens Exports

Exports from Hong Kong SAR, China

In 2022, mounted objective lens exports from Hong Kong SAR soared to X units, rising by X% on the year before. In general, exports, however, saw a perceptible decrease. Over the period under review, the exports attained the maximum at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, mounted objective lens exports surged to $X in 2022. Overall, exports enjoyed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X units) was the main destination for mounted objective lens exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, mounted objective lens exports to China exceeded the volume sent to the second major destination, the United States (X units), ninefold. The United Arab Emirates (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China 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 the United Arab Emirates (X% per year).

In value terms, China ($X) remains the key foreign market for mounted objective lenses exports from Hong Kong SAR, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China 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 Vietnam (X% per year).

Export Prices by Country

In 2022, the average mounted objective lens export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the United Arab Emirates ($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 Thailand (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Objective Lens Imports

Imports into Hong Kong SAR, China

In 2022, the amount of mounted objective lenses imported into Hong Kong SAR skyrocketed to X units, rising by X% on the previous year's figure. In general, imports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, mounted objective lens imports surged to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest mounted objective lens supplier to Hong Kong SAR, with a X% share of total imports. Moreover, mounted objective lens imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), ninefold. The United Arab Emirates (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X) constituted the largest supplier of mounted objective lenses to Hong Kong SAR, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

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

Import Prices by Country

In 2022, the average mounted objective lens import price amounted to $X per unit, surging by X% against the previous year. Overall, import price indicated a remarkable increase 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, mounted objective lens import price increased by X% against 2012 indices. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for the United States ($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 more modest paces of growth.

Source: IndexBox Platform

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