Angola: Mounted Objective Lens Market 2025

Mounted Objective Lens Market Size in Angola

The Angolan mounted objective lens market amounted to $X in 2022, picking up by 8.8% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Mounted Objective Lens Production in Angola

In value terms, mounted objective lens production rose to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 127%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Mounted Objective Lens Exports

Exports from Angola

In 2022, overseas shipments of mounted objective lenses increased by 6.7% to X units, rising for the seventh year in a row after three years of decline. Overall, exports showed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 162%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, mounted objective lens exports reached $X in 2022. Over the period under review, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 221%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Portugal (X units) was the main destination for mounted objective lens exports from Angola, with a approx. 9.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Portugal amounted to +2.1%.

In value terms, Portugal ($X) also remains the key foreign market for mounted objective lenses exports from Angola.

From 2012 to 2022, the average annual rate of growth in terms of value to Portugal stood at -5.0%.

Export Prices by Country

The average mounted objective lens export price stood at $X per unit in 2022, declining by -5.8% against the previous year. In general, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when the average export price increased by 68% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Portugal.

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to -7.0% per year.

Mounted Objective Lens Imports

Imports into Angola

After three years of decline, supplies from abroad of mounted objective lenses increased by 138% to X units in 2022. In general, imports, however, continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2013 when imports increased by 856%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mounted objective lens imports surged to $X in 2022. Overall, imports, however, showed a abrupt decline. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Hong Kong SAR (X units), Portugal (X units) and China (X units) were the main suppliers of mounted objective lens imports to Angola, with a combined 2.7% share of total imports. The United States, Brazil, the UK, Israel, Germany, Belgium, Spain, South Africa and Namibia lagged somewhat behind, together comprising a further 1.8%.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +7.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Brazil ($X) constituted the largest supplier of mounted objective lenses to Angola, comprising 4% of total imports. The second position in the ranking was taken by the United States ($X), with a 1.1% share of total imports. It was followed by Portugal, with a 0.7% share.

From 2012 to 2022, the average annual growth rate of value from Brazil was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-20.3% per year) and Portugal (-27.9% per year).

Import Prices by Country

In 2022, the average mounted objective lens import price amounted to $X per unit, increasing by 40% against the previous year. In general, the import price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2015 an increase of 275%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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 Brazil ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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