Report Update Jan 1, 2025

Cuba - Mounted Objective Lenses - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Mounted Objective Lens Market 2025

Mounted Objective Lens Market Size in Cuba

In 2021, the Cuban mounted objective lens market decreased by -37.2% to $X, falling for the sixth consecutive year after two years of growth. Overall, consumption recorded a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Mounted Objective Lens Exports

Exports from Cuba

In 2021, approx. X units of mounted objective lenses were exported from Cuba; flattening at the previous year. In general, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2017 when exports increased by 343% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, mounted objective lens exports surged to $X in 2021. Overall, exports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 when exports increased by 111%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for mounted objective lens exports from Cuba, with a approx. 333% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Germany totaled -11.5%.

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

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at -8.9%.

Export Prices by Country

In 2021, the average mounted objective lens export price amounted to $X per unit, surging by 49% against the previous year. Over the period under review, the export price posted buoyant growth. The growth pace was the most rapid in 2019 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +3.0% per year.

Mounted Objective Lens Imports

Imports into Cuba

In 2021, supplies from abroad of mounted objective lenses decreased by -42.3% to X units, falling for the sixth consecutive year after two years of growth. In general, imports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2014 with an increase of 2,519%. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, mounted objective lens imports reduced to $X in 2021. Over the period under review, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 1,572%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Spain (X units) constituted the largest mounted objective lens supplier to Cuba, with a 85% share of total imports. Moreover, mounted objective lens imports from Spain exceeded the figures recorded by the second-largest supplier, India (X units), twofold. Japan (X units) ranked third in terms of total imports with a 21% share.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at +48.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-20.5% per year) and Japan (-4.8% per year).

In value terms, the largest mounted objective lens suppliers to Cuba were India ($X), Japan ($X) and Spain ($X), with a combined 74% share of total imports.

In terms of the main suppliers, India, with a CAGR of +134.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average mounted objective lens import price stood at $X per unit in 2021, jumping by 55% against the previous year. Overall, the import price continues to indicate a measured increase. The growth pace was the most rapid in 2018 an increase of 88%. Over the period under review, average import prices reached the maximum in 2021 and is likely to see steady growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+17.7%), 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 objective lenses in the world?

The United States remains the largest mounted objective lens consuming country worldwide, comprising approx. 37% of total volume. Moreover, mounted objective lens consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fivefold. Hong Kong SAR ranked third in terms of total consumption with a 4.5% share.

What are the largest producers of mounted objective lenses in the world?

The countries with the highest volumes of mounted objective lens production in 2020 were the United States, China and Japan, together comprising 67% of global production.

What are the leading suppliers of mounted objective lenses to Cuba?

In value terms, the largest mounted objective lens suppliers to Cuba were India, Russia and Japan, together accounting for 90% of total imports.

What are the leading importers of mounted objective lenses from Cuba?

In value terms, Germany and Canada appeared to be the largest markets for mounted objective lens exported from Cuba worldwide.

What is the average export price for mounted objective lenses in Cuba?

The average mounted objective lens export price stood at $482 per unit in 2020, declining by -32.2% against the previous year.

What is the average import price for mounted objective lenses in Cuba?

In 2020, the average mounted objective lens import price amounted to $116 per unit, dropping by -27.6% against the previous year.

This report provides an in-depth analysis of the mounted objective lens market in Cuba. 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 26702170 - Mounted objective lenses of any material (excluding for cameras, projectors or photographic enlargers or reducers)
Prodcom 26701100 - Mounted objective lenses, of any material, for cameras, p rojectors or photographic enlargers or reducers

Country coverage:

Cuba

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cuba
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024