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Report Hungary - Mounted Lenses, Prisms and Mirrors - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 24, 2022

Hungary - Mounted Lenses, Prisms and Mirrors - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Mounted Lens Market 2022

Mounted Lens Market Size in Hungary

In 2021, the Hungarian mounted lens market increased by 14% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +17.2% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Mounted Lens Production in Hungary

In value terms, mounted lens production shrank dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, showed tangible growth. The pace of growth was the most pronounced in 2013 when the production volume increased by 32%. Mounted lens production peaked at $X in 2020, and then fell markedly in the following year.

Mounted Lens Exports

Exports from Hungary

In 2021, mounted lens exports from Hungary rose notably to X tons, with an increase of 13% on 2020 figures. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 303% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, mounted lens exports surged to $X in 2021. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2017 when exports increased by 155%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons), the United States (X tons) and Turkey (X tons) were the main destinations of mounted lens exports from Hungary, together accounting for 77% of total exports.

From 2012 to 2021, the biggest increases were in Turkey (with a CAGR of +83.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for mounted lens exports from Hungary, comprising 88% of total exports. The second position in the ranking was held by Austria ($X), with a 3% share of total exports. It was followed by Turkey, with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +42.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+6.4% per year) and Turkey (+73.7% per year).

Export Prices by Country

In 2021, the average mounted lens export price amounted to $X per ton, picking up by 31% against the previous year. Over the period under review, the export price recorded modest growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 50%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.3%), while the prices for the other major destinations experienced a decline.

Mounted Lens Imports

Imports into Hungary

In 2021, supplies from abroad of mounted lenses, prisms and mirrors was finally on the rise to reach X tons after two years of decline. In general, imports saw a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 69%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, mounted lens imports surged to $X in 2021. Over the period under review, total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 63%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), China (X tons) and the Czech Republic (X tons) were the main suppliers of mounted lens imports to Hungary, with a combined 76% share of total imports. Israel, Taiwan (Chinese), France and Slovakia lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the biggest increases were in Israel (with a CAGR of +164.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the Czech Republic ($X) were the largest mounted lens suppliers to Hungary, with a combined 77% share of total imports. These countries were followed by Taiwan (Chinese), Israel, Slovakia and France, which together accounted for a further 12%.

Among the main suppliers, Israel, with a CAGR of +125.0%, saw the highest rates of growth with regard to 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

The average mounted lens import price stood at $X per ton in 2021, jumping by 28% against the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for mounted lenses, prisms and mirrors in the world?
+
The countries with the highest volumes of consumption in 2021 were Spain, China and the United States, with a combined 46% share of global consumption.
What are the largest producers of mounted lenses, prisms and mirrors in the world?
+
Spain constituted the country with the largest volume of mounted lens production, comprising approx. 51% of total volume. Moreover, mounted lens production in Spain exceeded the figures recorded by the second-largest producer, China, fourfold. The United States ranked third in terms of total production with a 5% share.
What are the leading suppliers of mounted lenses, prisms and mirrors to Hungary?
+
In value terms, the largest mounted lens suppliers to Hungary were Germany, China and the Czech Republic, with a combined 77% share of total imports. These countries were followed by Taiwan Chinese), Israel, Slovakia and France, which together accounted for a further 12%.
What are the leading importers of mounted lenses, prisms and mirrors from Hungary?
+
In value terms, Germany remains the key foreign market for mounted lens exports from Hungary, comprising 88% of total exports. The second position in the ranking was taken by Austria, with a 3% share of total exports. It was followed by Turkey, with a 2.4% share.
What is the average export price for mounted lenses, prisms and mirrors in Hungary?
+
In 2021, the average mounted lens export price amounted to $434,905 per ton, with an increase of 31% against the previous year.
What is the average import price for mounted lenses, prisms and mirrors in Hungary?
+
The average mounted lens import price stood at $75,430 per ton in 2021, picking up by 28% against the previous year.

This report provides an in-depth analysis of the mounted lens market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 26702155 - Mounted lenses, prisms, mirrors, etc., of any material, n.e.c.
Country coverage:
• Hungary

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Hungary
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

This Chapter is Available Only for the Professional Edition PRO
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

This Chapter is Available Only for the Professional Edition PRO
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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