Peru: Mounted Objective Lens Market 2024

Mounted Objective Lens Market Size in Peru

The Peruvian mounted objective lens market surged to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed noticeable growth. Mounted objective lens consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Mounted Objective Lens Exports

Exports from Peru

For the fourth consecutive year, Peru recorded growth in shipments abroad of mounted objective lenses, which increased by X% to X units in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2019 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 recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for mounted objective lens exports from Peru, accounting for a X% share of total exports. Moreover, mounted objective lens exports to the United States exceeded the volume sent to the second major destination, Mexico (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%.

In value terms, the United States ($X) remains the key foreign market for mounted objective lenses exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%.

Export Prices by Country

In 2022, the average mounted objective lens export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price saw a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Mexico totaled $X per unit.

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 a decline.

Mounted Objective Lens Imports

Imports into Peru

In 2022, the amount of mounted objective lenses imported into Peru surged to X units, picking up by X% compared with the year before. Overall, total imports indicated strong growth from 2012 to 2022: its volume 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 2021 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, mounted objective lens imports surged to $X in 2022. In general, imports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest mounted objective lens supplier to Peru, with a X% share of total imports. Moreover, mounted objective lens imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. The third position in this ranking was taken by Malaysia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Malaysia (X% per year).

In value terms, the largest mounted objective lens suppliers to Peru were Belgium ($X), China ($X) and Japan ($X), with a combined X% share of total imports. Thailand, Malaysia, the United States and Latvia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Latvia, with a CAGR of X%, recorded the highest rates of growth with regard to 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, with a decrease of X% against the previous year. Over the period under review, the import price saw a slight decline. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 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 Belgium ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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