Report Update Nov 1, 2024

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

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Bangladesh: Mounted Lens Market 2024

Mounted Lens Market Size in Bangladesh

The Bangladeshi mounted lens market soared to $X in 2022, picking up by 44% against the previous year. Over the period under review, consumption, however, saw a sharp decrease. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Mounted Lens Production in Bangladesh

In value terms, mounted lens production surged to $X in 2022 estimated in export price. Overall, production faced a abrupt shrinkage. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Mounted Lens Exports

Exports from Bangladesh

In 2022, after ten years of growth, there was significant decline in overseas shipments of mounted lenses, prisms and mirrors, when their volume decreased by -52% to X units. Overall, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 81% against the previous year. As a result, the exports attained the peak of X units, and then contracted dramatically in the following year.

In value terms, mounted lens exports contracted sharply to $X in 2022. In general, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2014 when exports increased by 7,046%. The exports peaked at $X in 2021, and then declined sharply in the following year.

Exports by Country

The Philippines (X units), Portugal (X units) and Singapore (X units) were the main destinations of mounted lens exports from Bangladesh, with a combined 71% share of total exports.

From 2020 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +840.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mounted lens exported from Bangladesh were the Philippines ($X), Portugal ($X) and Singapore ($X), together accounting for 72% of total exports.

Among the main countries of destination, the Philippines, with a CAGR of +1,201.1%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mounted lens export price stood at $X per unit in 2022, increasing by 51% against the previous year. In general, the export price posted a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($X per unit) and the Philippines ($X per unit), while the average price for exports to Taiwan (Chinese) ($X per unit) and Thailand ($X per unit) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+38.3%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Lens Imports

Imports into Bangladesh

In 2022, overseas purchases of mounted lenses, prisms and mirrors decreased by -23.4% to X units for the first time since 2011, thus ending a ten-year rising trend. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 4,711%. As a result, imports reached the peak of X units, and then contracted sharply in the following year.

In value terms, mounted lens imports rose sharply to $X in 2022. Overall, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2015 when imports increased by 337%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Hong Kong SAR (X units), Malaysia (X units) and Singapore (X units) were the main suppliers of mounted lens imports to Bangladesh, with a combined 56% share of total imports.

From 2020 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +1,265.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mounted lens suppliers to Bangladesh were Hong Kong SAR ($X), Malaysia ($X) and Singapore ($X), together comprising 56% of total imports.

Hong Kong SAR, with a CAGR of +139.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average mounted lens import price amounted to $X per unit, jumping by 43% against the previous year. Overall, the import price, however, recorded a significant curtailment. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($X per unit) and Hong Kong SAR ($X per unit), while the price for the UK ($X per unit) and Turkey ($X per unit) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (-80.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of mounted lens consumption was Spain, 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?

The country with the largest volume of mounted lens production was Spain, comprising approx. 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 Bangladesh?

In value terms, the largest mounted lens suppliers to Bangladesh were the Netherlands, Germany and India, together accounting for 70% of total imports. The UK, the Philippines, Japan and Spain lagged somewhat behind, together comprising a further 28%.

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

In value terms, the largest markets for mounted lens exported from Bangladesh were Portugal and the Philippines.

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

In 2021, the average mounted lens export price amounted to $137,962 per ton, falling by -52.7% against the previous year.

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

The average mounted lens import price stood at $276,833 per ton in 2021, jumping by 26% against the previous year.

This report provides an in-depth analysis of the mounted lens market in Bangladesh. 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:

Bangladesh

Data coverage:

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