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China - Optical Telescopes - Market Analysis, Forecast, Size, Trends And Insights

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Jun 9, 2023

Optical Telescope Price in China Soars to $47.0 per Unit

China Optical Telescope Export Price in April 2023

In April 2023, the optical telescope price amounted to $47.0 per unit (FOB, China), surging by 12% against the previous month. In general, export price indicated a pronounced increase from April 2022 to April 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, optical telescope export price decreased by -9.8% against February 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 81% m-o-m. As a result, the export price attained the peak level of $52,136 per thousand units. From March 2023 to April 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was France ($103 per unit), while the average price for exports to Malaysia ($4.2 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRY	Export Price of Optical Telescope in China (USD per unit)
COUNTRY	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023
France	63.2	39.4	96.3	57.9	48.2	76.6	55.4	139	103	27.9	151	64.9	103
Poland	10.5	31.2	48.1	29.0	25.8	27.5	41.1	14.9	98.7	61.9	40.4	26.4	93.3
Russia	6.8	35.8	61.1	29.5	34.2	78.8	24.9	39.6	85.5	40.0	144	197	84.8
Germany	92.3	43.9	55.7	44.9	27.4	49.5	64.4	48.2	54.7	36.1	145	55.4	67.4
United Kingdom	36.0	87.0	35.5	38.9	33.2	33.5	59.2	60.6	49.6	44.8	62.2	63.1	57.6
South Korea	46.5	118	86.6	44.1	22.7	44.3	7.0	95.1	81.1	59.4	120	22.5	49.0
United States	38.7	25.1	38.4	33.9	32.2	29.7	42.1	37.2	30.5	29.2	30.7	51.8	45.0
Netherlands	50.8	62.4	72.1	67.4	39.8	48.5	47.5	97.8	32.0	34.0	36.6	46.4	43.4
Japan	13.8	46.4	5.0	19.8	52.4	27.4	33.1	22.9	34.2	17.4	50.7	25.7	27.5
Canada	29.0	33.3	22.1	23.8	39.7	60.0	27.9	28.9	22.6	33.7	25.6	34.0	19.7
Brazil	9.0	8.5	7.7	12.0	23.5	20.1	13.8	9.4	23.0	24.5	N/A	8.3	11.8
Belgium	31.2	34.5	23.4	21.0	19.5	21.2	17.4	35.5	9.6	13.1	40.8	9.0	10.6
Malaysia	7.3	4.0	28.2	23.6	17.4	14.3	23.3	12.6	29.1	12.2	22.4	8.8	4.2
Average	36.6	31.4	30.3	34.2	32.0	34.4	36.5	38.5	33.7	28.8	52.1	42.2	47.0

China Optical Telescope Exports

In April 2023, approximately 481K units of optical telescopes were exported from China; shrinking by -13.2% against the month before. Over the period under review, exports recorded a slight decline. The most prominent rate of growth was recorded in March 2023 with an increase of 122% against the previous month. The exports peaked at 948K units in August 2022; however, from September 2022 to April 2023, the exports failed to regain momentum.

In value terms, optical telescope exports dropped slightly to $23M (IndexBox estimates) in April 2023. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 with an increase of 79% against the previous month. Over the period under review, the exports reached the peak figure at 30M units in August 2022; however, from September 2022 to April 2023, the exports failed to regain momentum.

China Optical Telescope Exports by Country

The United States (208K units) was the main destination for optical telescope exports from China, accounting for a 43% share of total exports. Moreover, optical telescope exports to the United States exceeded the volume sent to the second major destination, Japan (32K units), sixfold. The third position in this ranking was taken by South Korea (21K units), with a 4.3% share.

From April 2022 to April 2023, the average monthly rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Japan (-0.3% per month) and South Korea (+6.2% per month).

In value terms, the United States ($9.3M) remains the key foreign market for optical telescope exports from China, comprising 41% of total exports. The second position in the ranking was held by Russia ($1.5M), with a 6.5% share of total exports. It was followed by Germany, with a 5.7% share.

From April 2022 to April 2023, the average monthly growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: Russia (+33.0% per month) and Germany (-3.0% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the optical telescope market in China. 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 2030.

Product coverage:

Prodcom 26702250 - Instruments (excluding binoculars) such as optical telescopes

Country coverage:

China

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

China - Optical Telescopes - Market Analysis, Forecast, Size, Trends And Insights

Optical Telescope Price in China Soars to $47.0 per Unit

China Optical Telescope Export Price in April 2023

China Optical Telescope Exports

China Optical Telescope Exports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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