Croatia: Mounted Objective Lens Market 2024

Mounted Objective Lens Market Size in Croatia

In 2022, the Croatian mounted objective lens market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption showed a buoyant increase. Mounted objective lens consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Mounted Objective Lens Production in Croatia

In value terms, mounted objective lens production fell to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Mounted objective lens production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

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Mounted Objective Lens Exports

Exports from Croatia

In 2022, approx. X units of mounted objective lenses were exported from Croatia; with an increase of X% on the previous year's figure. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, mounted objective lens exports skyrocketed to $X in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Serbia (X units), Slovenia (X units) and Kosovo (X units) were the main destinations of mounted objective lens exports from Croatia, with a combined X% share of total exports. Bosnia and Herzegovina, North Macedonia, Montenegro, Austria, Poland and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Serbia ($X) and Bosnia and Herzegovina ($X) appeared to be the largest markets for mounted objective lens exported from Croatia worldwide, together comprising X% of total exports. North Macedonia, Austria, Kosovo, Montenegro, Poland and Belgium lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Poland, 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 mounted objective lens export price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price, however, showed a measured expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Kosovo ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Objective Lens Imports

Imports into Croatia

In 2022, supplies from abroad of mounted objective lenses increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, mounted objective lens imports skyrocketed to $X in 2022. In general, total imports indicated a resilient 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 2016 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Japan (X units), Germany (X units) and China (X units) were the main suppliers of mounted objective lens imports to Croatia, together comprising X% of total imports. Slovenia, Italy, Hungary, Austria and the Czech Republic lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mounted objective lens suppliers to Croatia were Germany ($X), Japan ($X) and Hungary ($X), with a combined X% share of total imports.

In terms of the main suppliers, Hungary, 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

The average mounted objective lens import price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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