Report Update Nov 1, 2024

Algeria - Mounted Lenses, Prisms and Mirrors - Market Analysis, Forecast, Size, Trends and Insights

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Algeria: Mounted Lens Market 2024

Mounted Lens Market Size in Algeria

The Algerian mounted lens market amounted to $X in 2022, therefore, remained relatively stable 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). Overall, consumption recorded a drastic downturn. The growth pace was the most rapid in 2021 when the market value decreased by 99.9% against the previous year. Mounted lens consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Mounted Lens Exports

Exports from Algeria

In value terms, mounted lens exports totaled $X in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 824,850% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

From 2012 to 2022, the average annual rate of growth in terms of value to Spain amounted to +40.3%.

Mounted Lens Imports

Imports into Algeria

In 2022, approx. X units of mounted lenses, prisms and mirrors were imported into Algeria; standing approx. at 2021 figures. Overall, imports showed a precipitous descent. The smallest decline of 99.9% was in 2021. Imports peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, mounted lens imports soared to $X in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 924% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Canada (X units) constituted the largest supplier of mounted lens to Algeria, with a 84% share of total imports. Moreover, mounted lens imports from Canada exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. Germany (X units) ranked third in terms of total imports with a 2.4% share.

From 2020 to 2022, the average annual rate of growth in terms of volume from Canada totaled -23.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-63.4% per year) and Germany (-60.0% per year).

In value terms, Canada ($X) constituted the largest supplier of mounted lenses, prisms and mirrors to Algeria, comprising 84% of total imports. The second position in the ranking was taken by India ($X), with a 4.8% share of total imports. It was followed by Germany, with a 2.4% share.

From 2020 to 2022, the average annual rate of growth in terms of value from Canada amounted to -7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-55.8% per year) and Germany (-51.6% per year).

Import Prices by Country

The average mounted lens import price stood at $X per unit in 2022, remaining stable against the previous year. In general, the import price enjoyed a significant increase. The growth pace was the most rapid in 2021 a decrease of 99.9% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($X per unit) and Germany ($X per unit), while the price for Canada ($X per unit) and Bulgaria ($X per unit) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by India (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mounted lenses, prisms and mirrors in the world?

Spain remains the largest mounted lens consuming country worldwide, comprising approx. 27% of total volume. Moreover, mounted lens consumption in Spain exceeded the figures recorded by the second-largest consumer, China, twofold. The United States ranked third in terms of total consumption with an 8.5% share.

What are the largest producers of mounted lenses, prisms and mirrors in the world?

Spain constituted the country with the largest volume of mounted lens production, accounting for 56% of total volume. Moreover, mounted lens production in Spain exceeded the figures recorded by the second-largest producer, China, fourfold. The United States ranked third in terms of total production with a 5.5% share.

What are the leading suppliers of mounted lenses, prisms and mirrors to Algeria?

In value terms, France, India and Spain appeared to be the largest mounted lens suppliers to Algeria, with a combined 80% share of total imports. These countries were followed by Canada, which accounted for a further 5.9%.

What are the leading importers of mounted lenses, prisms and mirrors from Algeria?

In value terms, Russia emerged as the key foreign market for mounted lens exports from Algeria, comprising 93% of total exports. The second position in the ranking was occupied by France $81), with a 7.5% share of total exports.

What is the average export price for mounted lenses, prisms and mirrors in Algeria?

In 2020, the average mounted lens export price amounted to $11,388 per ton, falling by -88.1% against the previous year.

What is the average import price for mounted lenses, prisms and mirrors in Algeria?

In 2021, the average mounted lens import price amounted to $160,823 per ton, which is down by -65.9% against the previous year.

This report provides an in-depth analysis of the mounted lens market in Algeria. 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 26702155 - Mounted lenses, prisms, mirrors, etc., of any material, n.e.c.

Country coverage:

Algeria

Data coverage:

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