Kenya: Mounted Objective Lens Market 2022

Mounted Objective Lens Market Size in Kenya

The kenyan mounted objective lens market amounted to $X in 2021, flattening at 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).Over the period under review, consumption saw a noticeable shrinkage.Mounted objective lens consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Mounted Objective Lens Exports

Exports from Kenya

After two years of growth, shipments abroad of mounted objective lenses decreased by -X% to X units in 2021.Over the period under review, exports, however, saw a significant increase.The pace of growth was the most pronounced in 2014 when exports increased by X exports peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, mounted objective lens exports fell rapidly to $X in 2021.In general, exports saw a precipitous descent.The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year.As a result, the exports reached the peak of $X. from 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The united states (X units) was the main destination for mounted objective lens exports from Kenya, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +X%.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -X%.

Export Prices by Country

In 2021, the average mounted objective lens export price amounted to $X per unit, waning by -X% against the previous year. In general, the export price saw a dramatic slump. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -X% per year.

Mounted Objective Lens Imports

Imports into Kenya

In 2021, supplies from abroad of mounted objective lenses decreased by -X% to X units, falling for the second consecutive year after two years of growth.Over the period under review, imports showed a pronounced decrease.The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year.Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, mounted objective lens imports skyrocketed to $X in 2021.In general, imports showed a perceptible descent.The pace of growth appeared the most rapid in 2018 with an increase of X peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of mounted objective lens to Kenya, 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), sevenfold. The third position in this ranking was held by Thailand (X units), with an X% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Thailand (X% per year).

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

Among the main suppliers, Japan, with a CAGR of +X%, recorded 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

In 2021, the average mounted objective lens import price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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