Italy: Mounted Objective Lens Market 2024

Mounted Objective Lens Market Size in Italy

In 2022, the Italian mounted objective lens market increased by X% to $X, rising for the second year in a row after three years of decline. Over the period under review, consumption, however, recorded a slight slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Mounted Objective Lens Production in Italy

In value terms, mounted objective lens production skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, production reached the peak level in 2022 and is likely to see steady growth in the immediate term.

Mounted Objective Lens Exports

Exports from Italy

In 2022, the amount of mounted objective lenses exported from Italy shrank to X units, falling by X% against the previous year's figure. Over the period under review, exports recorded a slight contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mounted objective lens exports fell rapidly to $X in 2022. Overall, total exports indicated moderate 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. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Ethiopia (X units) was the main destination for mounted objective lens exports from Italy, accounting for a X% share of total exports. Moreover, mounted objective lens exports to Ethiopia exceeded the volume sent to the second major destination, France (X units), twofold. China (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ethiopia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and China (X% per year).

In value terms, the largest markets for mounted objective lens exported from Italy were Germany ($X), Spain ($X) and the United States ($X), with a combined X% share of total exports. France, China, Ethiopia, the UK, Israel, the Netherlands, Switzerland, the Czech Republic, Hungary and Romania lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Israel, with a CAGR of X%, saw 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. In general, the export price, however, showed a pronounced expansion. The pace of growth was the most pronounced in 2016 an increase of X%. The export price peaked at $X per unit in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Ethiopia ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Objective Lens Imports

Imports into Italy

In 2022, supplies from abroad of mounted objective lenses increased by X% to X units, rising for the second year in a row after five years of decline. In general, imports, however, continue to indicate a abrupt shrinkage. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, mounted objective lens imports shrank to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

The Netherlands (X units), Germany (X units) and China (X units) were the main suppliers of mounted objective lens imports to Italy, together comprising X% of total imports. Austria, Japan, South Korea, Belgium and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Austria (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) appeared to be the largest mounted objective lens suppliers to Italy, with a combined X% share of total imports. China, Austria, South Korea, Belgium and the UK lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, waning by X% against the previous year. In general, the import price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then reduced remarkably in the following year.

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

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

Source: IndexBox Platform

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