Australia and Oceania: Mounted Objective Lens Market 2025

Mounted Objective Lens Market Size in Australia and Oceania

The mounted objective lens market in Australia and Oceania dropped to $X in 2022, which is down by -14.7% against the previous year. Over the period under review, consumption recorded a pronounced downturn. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Mounted Objective Lens Production in Australia and Oceania

In value terms, mounted objective lens production rose sharply to $X in 2022 estimated in export price. The total production indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.2% against 2020 indices. The growth pace was the most rapid in 2019 with an increase of 46% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Mounted Objective Lens Exports

Exports in Australia and Oceania

In 2022, exports of mounted objective lenses in Australia and Oceania shrank to X units, declining by -5.1% on 2021 figures. In general, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 241% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, mounted objective lens exports soared to $X in 2022. Overall, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2014 when exports increased by 88% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Australia dominates exports structure, resulting at X units, which was near 91% of total exports in 2022. It was distantly followed by New Zealand (X units), comprising a 9% share of total exports.

Australia was also the fastest-growing in terms of the mounted objective lenses exports, with a CAGR of +18.6% from 2012 to 2022. At the same time, New Zealand (+13.9%) displayed positive paces of growth. While the share of Australia (+4.5 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of New Zealand (-3.8 p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest mounted objective lens supplier in Australia and Oceania, comprising 91% of total exports. The second position in the ranking was held by New Zealand ($X), with an 8.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Australia totaled +21.1%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per unit, picking up by 22% against the previous year. In general, the export price posted a mild expansion. The growth pace was the most rapid in 2018 an increase of 66%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while New Zealand stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.1%).

Mounted Objective Lens Imports

Imports in Australia and Oceania

In 2022, approx. X units of mounted objective lenses were imported in Australia and Oceania; with a decrease of -6.7% against the year before. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2014 when imports increased by 29%. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, mounted objective lens imports contracted markedly to $X in 2022. Overall, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2021 when imports increased by 28%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Australia was the major importing country with an import of about X units, which amounted to 88% of total imports. It was distantly followed by New Zealand (X units), making up a 12% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to mounted objective lens imports into Australia stood at -6.0%. New Zealand (-2.1%) illustrated a downward trend over the same period. While the share of New Zealand (+3.6 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Australia (-3.6 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported mounted objective lenses in Australia and Oceania, comprising 83% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 16% share of total imports.

In Australia, mounted objective lens imports shrank by an average annual rate of -3.1% over the period from 2012-2022.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, declining by -22% against the previous year. Over the period under review, the import price, however, continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2018 when the import price increased by 90% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2021, and then reduced dramatically in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.2%).

Source: IndexBox Platform

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