Ireland: Objective Lens Market Overview 2021

Objective Lens Market Size in Ireland

In 2020, the Irish objective lens market decreased by -X% to $X, falling for the third consecutive year after three years of growth. Overall, consumption, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2009 when the market value increased by X% year-to-year. Objective lens consumption peaked at $X in 2017; however, from 2018 to 2020, consumption remained at a lower figure.

Objective Lens Exports

Exports from Ireland

In 2020, the amount of objective lenses for cameras, projectors or photographic enlargers or reducers exported from Ireland skyrocketed to X units, increasing by X% compared with 2019 figures. In general, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. Exports peaked at X units in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, objective lens exports rose significantly to $X in 2020. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2008 when exports increased by X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Taiwan (Chinese) (X units), the UK (X units) and Croatia (X units) were the main destinations of objective lens exports from Ireland, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for objective lens exported from Ireland were Taiwan (Chinese) ($X), Germany ($X) and the UK ($X), with a combined X% share of total exports.

Among the main countries of destination, Taiwan (Chinese) (+X% per year) 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, waning by -X% against the previous year. Over the period under review, the export price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per unit in 2019, and then reduced in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per unit), while the average price for exports to Croatia ($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 South Korea, while the prices for the other major destinations experienced more modest paces of growth.

Objective Lens Imports

Imports into Ireland

In 2020, supplies from abroad of objective lenses for cameras, projectors or photographic enlargers or reducers decreased by -X% to X units, falling for the second year in a row after four years of growth. In general, imports, however, saw a strong increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, objective lens imports fell to $X in 2020. Overall, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X units) constituted the largest supplier of objective lens to Ireland, with a X% share of total imports. Moreover, objective lens imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), ninefold. Taiwan (Chinese) (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-X% per year) and Taiwan (Chinese) (+X% per year).

In value terms, China ($X) constituted the largest supplier of objective lens to Ireland, comprising X% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2007 to 2020, 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: Taiwan (Chinese) (+X% per year) and Japan (-X% per year).

Import Prices by Country

In 2020, the average objective lens import price amounted to $X per unit, with an increase of X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The import price peaked at $X per unit in 2009; however, from 2010 to 2020, import prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

+

The countries with the highest volumes of objective lens consumption in 2020 were China (4.4M units), Japan (3.9M units) and the U.S. (3.2M units), together comprising 55% of global consumption. These countries were followed by South Korea, Hong Kong SAR, Indonesia, Germany, Bangladesh, Viet Nam, France and Democratic Republic of the Congo, which together accounted for a further 21%.

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

+

The countries with the highest volumes of objective lens production in 2020 were China (4.9M units), Japan (4.9M units) and the U.S. (1M units), with a combined 60% share of global production. These countries were followed by Thailand, Taiwan (Chinese), Bangladesh, Malaysia, Indonesia, South Korea, Democratic Republic of the Congo, the Philippines and France, which together accounted for a further 23%.

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

+

In value terms, China ($25M) constituted the largest supplier of objective lens to Ireland, comprising 73% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($3M), with a 8.7% share of total imports. It was followed by Japan, with a 6.7% share.

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

+

In value terms, the largest markets for objective lens exported from Ireland were Taiwan (Chinese) ($724K), Germany ($527K) and the UK ($459K), with a combined 34% share of total exports.

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

+

In 2020, the average objective lens export price amounted to $1,006 per unit, shrinking by -9.8% against the previous year.

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

+

In 2020, the average objective lens import price amounted to $630 per unit, surging by 27% against the previous year.