Spain: Objective Lens Market 2024

Objective Lens Market Size in Spain

The Spanish objective lens market amounted to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, recorded a mild descent. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Objective Lens Production in Spain

In value terms, objective lens production reached $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Objective lens production peaked at $X in 2013; however, from 2014 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

Objective Lens Exports

Exports from Spain

In 2022, overseas shipments of objective lenses for cameras, projectors or photographic enlargers or reducers decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then contracted in the following year.

In value terms, objective lens exports declined sharply to $X in 2022. Over the period under review, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Portugal (X units) was the main destination for objective lens exports from Spain, accounting for a X% share of total exports. Moreover, objective lens exports to Portugal exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was taken by Italy (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Portugal stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

In value terms, Portugal ($X), Germany ($X) and France ($X) were the largest markets for objective lens exported from Spain worldwide, with a combined X% share of total exports. Italy, the UK, Andorra, Argentina and the Netherlands lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Argentina, 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

In 2022, the average objective lens export price amounted to $X per unit, dropping by X% against the previous year. In general, the export price recorded a abrupt decline. The growth pace was the most rapid in 2013 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Andorra ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Andorra (X%), while the prices for the other major destinations experienced a decline.

Objective Lens Imports

Imports into Spain

For the third year in a row, Spain recorded growth in supplies from abroad of objective lenses for cameras, projectors or photographic enlargers or reducers, which increased by X% to X units in 2022. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, objective lens imports rose to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands (X units), Germany (X units) and Japan (X units) were the main suppliers of objective lens imports to Spain, with a combined X% share of total imports. Italy, the UK, France, China, Thailand and Malaysia lagged somewhat behind, together comprising a further X%.

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

In value terms, the Netherlands ($X), Germany ($X) and Japan ($X) were the largest objective lens suppliers to Spain, together accounting for X% of total imports. Italy, France, the UK, China, Thailand and Malaysia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Italy, with a CAGR of X%, saw the highest growth rate of 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 2022, the average objective lens import price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :