Algeria: Objective Lens Market 2025

Objective Lens Market Size in Algeria

In 2021, the Algerian objective lens market decreased by -23.2% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption recorded a mild downturn. Objective lens consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Objective Lens Exports

Exports from Algeria

In 2021, exports of objective lenses for cameras, projectors or photographic enlargers or reducers from Algeria skyrocketed to X units, picking up by 60% on the previous year's figure. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by 100%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, objective lens exports skyrocketed to $X in 2021. In general, exports showed a strong increase. The growth pace was the most rapid in 2019 with an increase of 132% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Malaysia (X units), Germany (X units) and France (X units) were the main destinations of objective lens exports from Algeria, together accounting for 75% of total exports.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Malaysia ($X), Germany ($X) and France ($X) appeared to be the largest markets for objective lens exported from Algeria worldwide, together accounting for 62% of total exports.

Malaysia, with a CAGR of 0.0%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average objective lens export price amounted to $X per unit, falling by -15.6% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 an increase of 54%. The export price peaked at $X per unit in 2020, and then reduced markedly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1.5%).

Objective Lens Imports

Imports into Algeria

In 2021, supplies from abroad of objective lenses for cameras, projectors or photographic enlargers or reducers decreased by -31.7% to X units, falling for the third year in a row after two years of growth. Over the period under review, imports recorded a slight reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 273% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, objective lens imports shrank to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 316%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Japan (X units) constituted the largest objective lens supplier to Algeria, with a 50% share of total imports. Moreover, objective lens imports from Japan exceeded the figures recorded by the second-largest supplier, Belgium (X units), threefold. The United Arab Emirates (X units) ranked third in terms of total imports with an 8.8% share.

From 2012 to 2021, the average annual growth rate of volume from Japan totaled +21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+28.4% per year) and the United Arab Emirates (+1.0% per year).

In value terms, Japan ($X) constituted the largest supplier of objective lenses for cameras, projectors or photographic enlargers or reducers to Algeria, comprising 31% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 15% share of total imports. It was followed by Bangladesh, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan stood at +14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+7.4% per year) and Bangladesh (+18.3% per year).

Import Prices by Country

In 2021, the average objective lens import price amounted to $X per unit, rising by 32% against the previous year. Overall, the import price saw a relatively flat trend pattern. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Canada ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+24.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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