Latest Report Update: May 26, 2021

Vietnam - 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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Vietnam: Objective Lens Market Overview 2021

Objective Lens Market Size in Vietnam

The Vietnamese objective lens market contracted to $X in 2020, stabilizing at the previous year. Overall, consumption, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2017 when the market value increased by X% year-to-year. Objective lens consumption peaked at $X in 2009; however, from 2010 to 2020, consumption stood at a somewhat lower figure.

Objective Lens Production in Vietnam

In value terms, objective lens production stood at $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a strong expansion. The growth pace was the most rapid in 2008 when the production volume increased by X% y-o-y. Over the period under review, production attained the maximum level in 2020 and is expected to retain growth in years to come.

Objective Lens Exports

Exports from Vietnam

In 2020, approx. X units of objective lenses for cameras, projectors or photographic enlargers or reducers were exported from Viet Nam; growing by X% compared with the previous year. Over the period under review, exports showed a strong increase. Over the period under review, exports attained the maximum at X units in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, objective lens exports soared to $X in 2020. In general, exports continue to indicate a prominent increase. Exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

South Korea (X units), China (X units) and the U.S. (X units) were the main destinations of objective lens exports from Viet Nam, 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 South Korea, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for objective lens exported from Viet Nam were South Korea ($X), the U.S. ($X) and Germany ($X), with a combined X% share of total exports.

Germany saw the highest growth rate of the value of exports, in terms of the main countries of destination 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, rising by X% against the previous year. In general, the export price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Germany ($X per unit), while the average price for exports to China ($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 Germany, while the prices for the other major destinations experienced mixed trend patterns.

Objective Lens Imports

Imports into Vietnam

In 2020, purchases abroad of objective lenses for cameras, projectors or photographic enlargers or reducers decreased by -X% to X units, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, objective lens imports dropped markedly to $X in 2020. Overall, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019, and then declined markedly in the following year.

Imports by Country

In 2020, South Korea (X units) constituted the largest supplier of objective lens to Viet Nam, accounting for a X% share of total imports. Moreover, objective lens imports from South Korea exceeded the figures recorded by the second-largest supplier, the Philippines (X units), sixfold. Thailand (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 South Korea stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+X% per year) and Thailand (-X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from South Korea amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+X% per year) and the Philippines (+X% per year).

Import Prices by Country

In 2020, the average objective lens import price amounted to $X per unit, picking up by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the peak figure in 2020 and is expected to retain growth in the near future.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), 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?
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The country with the largest volume of objective lens consumption was Japan (7.2M units), accounting for 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 third position in this ranking was occupied by the U.S. (2.3M units), with a 9.5% share.
What are the largest producers of objective lenses for cameras, projectors or photographic enlargers or reducers in the world?
+
The country with the largest volume of objective lens production was Japan (9M units), 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 Vietnam?
+
In value terms, South Korea ($6.4M) constituted the largest supplier of objective lens to Viet Nam, comprising 65% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($1.7M), with a 17% share of total imports. It was followed by the Philippines, with a 10% share.
What are the leading importers of objective lenses for cameras, projectors or photographic enlargers or reducers from Vietnam?
+
In value terms, South Korea ($35M), the U.S. ($27M) and Germany ($25M) were the largest markets for objective lens exported from Viet Nam worldwide, together comprising 76% of total exports.
What is the average export price for objective lenses for cameras, projectors or photographic enlargers or reducers in Vietnam?
+
The average objective lens export price stood at $344 per unit in 2020, increasing by 9% against the previous year.
What is the average import price for objective lenses for cameras, projectors or photographic enlargers or reducers in Vietnam?
+
The average objective lens import price stood at $665 per unit in 2020, increasing by 9.4% 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 Vietnam. 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:
• Viet Nam

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Vietnam
• 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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