Latin America and the Caribbean: Mounted Objective Lens Market 2024

Mounted Objective Lens Market Size in Latin America and the Caribbean

The Latin American mounted objective lens market expanded to $X in 2022, surging by X% against the previous year. The total consumption indicated resilient growth from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Mounted Objective Lens Production in Latin America and the Caribbean

In value terms, mounted objective lens production shrank modestly to $X in 2022 estimated in export price. The total production indicated a buoyant increase from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Mounted Objective Lens Exports

Exports in Latin America and the Caribbean

In 2022, approx. X units of mounted objective lenses were exported in Latin America and the Caribbean; reducing by X% compared with 2021. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, mounted objective lens exports reduced sharply to $X in 2022. In general, exports faced a abrupt decrease. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2021, and then shrank significantly in the following year.

Exports by Country

The biggest shipments were from Panama (X units), Mexico (X units) and Chile (X units), together reaching X% of total export. Peru (X units) held the next position in the ranking, followed by Brazil (X units) and Guatemala (X units). All these countries together took near X% share of total exports. The following exporters - the Dominican Republic (X units) and Costa Rica (X units) - each recorded a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Panama ($X) and Peru ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Chile, Costa Rica, Brazil, the Dominican Republic and Guatemala lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, the Dominican Republic, with a CAGR of X%, recorded 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

The export price in Latin America and the Caribbean stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price, however, enjoyed a temperate increase. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while Guatemala ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Costa Rica (X%), while the other leaders experienced more modest paces of growth.

Mounted Objective Lens Imports

Imports in Latin America and the Caribbean

In 2022, the amount of mounted objective lenses imported in Latin America and the Caribbean contracted modestly to X units, leveling off at the previous year. Total imports indicated moderate growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, mounted objective lens imports fell to $X in 2022. Total imports indicated a pronounced expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Brazil (X units) and Mexico (X units) represented the largest importers of mounted objective lenses in 2022, resulting at approx. X% and X% of total imports, respectively. Chile (X units) took an X% share (based on physical terms) of total imports, which put it in second place, followed by Argentina (X%). Peru (X units), Colombia (X units), Paraguay (X units), Costa Rica (X units), Panama (X units) and Guatemala (X units) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Guatemala (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported mounted objective lenses in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with an X% share of total imports. It was followed by Argentina, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Mexico totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per unit), while Panama ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :