Latest Report Update: May 26, 2021

Saudi Arabia - Objective Lenses For Cameras, Projectors Or Photographic Enlargers Or Reducers - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Saudi Arabia: Objective Lens Market Overview 2021

Objective Lens Market Size in Saudi Arabia

After two years of growth, the Saudi objective lens market decreased by -X% to $X in 2020. In general, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2019, and then contracted sharply in the following year.

Objective Lens Exports

Exports from Saudi Arabia

In 2020, objective lens exports from Saudi Arabia fell rapidly to X units, waning by -X% compared with 2019. In general, exports recorded a pronounced setback. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, exports attained the peak of X units. From 2019 to 2020, the growth exports failed to regain the momentum.

In value terms, objective lens exports declined rapidly to $X in 2020. Over the period under review, exports posted a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2019 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for objective lens exports from Saudi Arabia, accounting for a X% share of total exports. It was followed by Ethiopia (X units), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the United Arab Emirates amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (+X% per year) and Japan (+X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for objective lens exports from Saudi Arabia, comprising X% of total exports. The second position in the ranking was occupied by Japan ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the United Arab Emirates totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Ethiopia (+X% per year).

Export Prices by Country

In 2020, the average objective lens export price amounted to $X per unit, picking up by X% against the previous year. Overall, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2011; however, from 2012 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per unit), while the average price for exports to Ethiopia ($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 the United Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.

Objective Lens Imports

Imports into Saudi Arabia

After two years of growth, supplies from abroad of objective lenses for cameras, projectors or photographic enlargers or reducers decreased by -X% to X units in 2020. In general, imports showed a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X units in 2019, and then plummeted in the following year.

In value terms, objective lens imports contracted markedly to $X in 2020. Over the period under review, imports posted prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Imports peaked at $X in 2019, and then fell markedly in the following year.

Imports by Country

In 2020, Thailand (X units) constituted the largest objective lens supplier to Saudi Arabia, accounting for a X% share of total imports. Moreover, objective lens imports from Thailand exceeded the figures recorded by the second-largest supplier, Malaysia (X units), tenfold. The third position in this ranking was occupied by the United Arab Emirates (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Thailand amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-X% per year) and the United Arab Emirates (-X% per year).

In value terms, Thailand ($X), Japan ($X) and the United Arab Emirates ($X) were the largest objective lens suppliers to Saudi Arabia, together comprising X% of total imports.

The United Arab Emirates (+X% per year) recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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. In general, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, average import prices attained the peak figure in 2020 and is likely to see gradual growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for objective lenses for cameras, projectors or photographic enlargers or reducers in the world?
+
Japan (7.2M units) remains the largest objective lens consuming country worldwide, comprising approx. 29% of total volume. Moreover, objective lens consumption in Japan exceeded the figures recorded by the second-largest consumer, China (3.6M units), twofold. The U.S. (2.3M units) ranked third in terms of total consumption with a 9.5% share.
What are the largest producers of objective lenses for cameras, projectors or photographic enlargers or reducers in the world?
+
Japan (9M units) constituted the country with the largest volume of objective lens production, accounting for 38% of total volume. Moreover, objective lens production in Japan exceeded the figures recorded by the second-largest producer, China (4.4M units), twofold. Taiwan (Chinese) (1.2M units) ranked third in terms of total production with a 4.9% share.
What are the leading suppliers of objective lenses for cameras, projectors or photographic enlargers or reducers to Saudi Arabia?
+
In value terms, the largest objective lens suppliers to Saudi Arabia were Thailand ($408K), Japan ($274K) and the United Arab Emirates ($272K), with a combined 31% share of total imports.
What are the leading importers of objective lenses for cameras, projectors or photographic enlargers or reducers from Saudi Arabia?
+
In value terms, the United Arab Emirates ($1.5K) remains the key foreign market for objective lens exports from Saudi Arabia, comprising 4.5% of total exports. The second position in the ranking was occupied by Japan ($213), with a 0.6% share of total exports.
What is the average export price for objective lenses for cameras, projectors or photographic enlargers or reducers in Saudi Arabia?
+
In 2020, the average objective lens export price amounted to $146 per unit, picking up by 14% against the previous year.
What is the average import price for objective lenses for cameras, projectors or photographic enlargers or reducers in Saudi Arabia?
+
The average objective lens import price stood at $1,284 per unit in 2020, increasing by 63% against the previous year.

Product coverage:
• Prodcom 26701100 - Mounted objective lenses, of any material, for cameras, p rojectors or photographic enlargers or reducers

This report provides an in-depth analysis of the objective lens market in Saudi Arabia. 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 2025.


Country coverage:
• Saudi Arabia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Saudi Arabia
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

Finding New Products to Diversify Your Business

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

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

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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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