Iceland: Objective Lens Market Overview 2020

Objective Lens Market Size in Iceland

The revenue of the objective lens market in Iceland amounted to $X in 2018, waning by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, objective lens consumption continues to indicate a moderate setback. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Iceland objective lens consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Objective Lens Exports

Exports from Iceland

In 2018, the amount of objective lenses for cameras, projectors or photographic enlargers or reducers exported from Iceland stood at X units, going up by X% against the previous year. Over the period under review, objective lens exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Iceland exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, objective lens exports amounted to $X in 2018. Overall, objective lens exports continue to indicate remarkable growth. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, objective lens exports attained their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

China (X units) and Japan (X units) represented the largest exporters of objective lenses for cameras, projectors or photographic enlargers or reducers in 2018, accounting for near X% and X% of total exports, respectively. It was distantly followed by Taiwan, Chinese (X units), Malaysia (X units), the Netherlands (X units) and Germany (X units), together achieving a X% share of total exports. The following exporters - the Philippines (X units), Thailand (X units) and South Korea (X units) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Iceland, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the largest objective lens supplier from Iceland, comprising X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Japan stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the objective lens export price in Iceland amounted to $X per unit, dropping by -X% against the previous year. Overall, the objective lens export price continues to indicate a drastic downturn. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices for objective lenses for cameras, projectors or photographic enlargers or reducers attained their maximum at $X per unit in 2017, and then declined slightly in the following year.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced more modest paces of growth.

Objective Lens Imports

Imports into Iceland

In 2018, the amount of objective lenses for cameras, projectors or photographic enlargers or reducers imported into Iceland stood at X units, remaining relatively unchanged against the previous year. In general, objective lens imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Iceland imports peaked at X units in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, objective lens imports amounted to $X in 2018. Over the period under review, objective lens imports continue to indicate a drastic setback. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Iceland imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X units), China, Hong Kong SAR (X units), Malaysia (X units), China (X units), the Netherlands (X units), Germany (X units) and Japan (X units) were the key importers of objective lenses for cameras, projectors or photographic enlargers or reducers in the world, generating X% of total import. The following importers - the Philippines (X units), the UK (X units), Thailand (X units), France (X units) and Australia (X units) - each recorded a X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the largest objective lens importing markets into Iceland were the U.S. ($X), China ($X) and Germany ($X), with a combined X% share of total imports.

Germany experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The objective lens import price in Iceland stood at $X per unit in 2018, going down by -X% against the previous year. Overall, the objective lens import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 when the import price increased by X% year-to-year. Over the period under review, the import prices for objective lenses for cameras, projectors or photographic enlargers or reducers reached their maximum at $X per unit in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Australia ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform