Japan: Mounted Objective Lens Market 2024

Mounted Objective Lens Market Size in Japan

The Japanese mounted objective lens market contracted sharply to $X in 2022, reducing by X% against the previous year. In general, consumption recorded a sharp curtailment. Mounted objective lens consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Mounted Objective Lens Production in Japan

In value terms, mounted objective lens production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Mounted objective lens production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Mounted Objective Lens Exports

Exports from Japan

In 2022, shipments abroad of mounted objective lenses increased by X% to X units, rising for the second consecutive year after eight years of decline. Overall, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, mounted objective lens exports totaled $X in 2022. Over the period under review, exports, however, saw a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), China (X units) and the Netherlands (X units) were the main destinations of mounted objective lens exports from Japan, together accounting for X% of total exports. Germany, Hong Kong SAR, South Korea, Australia, Singapore, Canada and the United Arab Emirates 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 Germany (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), China ($X) and the Netherlands ($X) appeared to be the largest markets for mounted objective lens exported from Japan worldwide, together comprising X% of total exports. Germany, Hong Kong SAR, South Korea, Singapore, Australia, Canada and the United Arab Emirates lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average mounted objective lens export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

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

Mounted Objective Lens Imports

Imports into Japan

In 2022, after four years of decline, there was growth in purchases abroad of mounted objective lenses, when their volume increased by X% to X units. Overall, imports, however, faced a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, mounted objective lens imports amounted to $X in 2022. Over the period under review, imports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Vietnam (X units) were the main suppliers of mounted objective lens imports to Japan, together comprising X% of total imports.

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

In value terms, China ($X) constituted the largest supplier of mounted objective lenses to Japan, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Thailand (X% per year).

Import Prices by Country

The average mounted objective lens import price stood at $X per unit in 2022, almost unchanged from the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price 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, mounted objective lens import price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2021, and then fell slightly in the following year.

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

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

Source: IndexBox Platform

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