Report Update Nov 1, 2024

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

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Egypt: Mounted Objective Lens Market 2024

Mounted Objective Lens Market Size in Egypt

In 2022, the Egyptian mounted objective lens market decreased by -43.3% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption, however, showed a resilient increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Mounted Objective Lens Exports

Exports from Egypt

After two years of decline, shipments abroad of mounted objective lenses increased by 570% to X units in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2019 with an increase of 631%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, mounted objective lens exports soared to $X in 2022. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for mounted objective lens exports from Egypt, with a approx. 3.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +11.5%.

In value terms, Germany ($X) emerged as the key foreign market for mounted objective lenses exports from Egypt.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +10.0%.

Export Prices by Country

In 2021, the average mounted objective lens export price amounted to $X per unit, which is down by -47.1% against the previous year. Over the period under review, the export price recorded a perceptible downturn. The growth pace was the most rapid in 2013 an increase of 44%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

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 -0.1% per year.

Mounted Objective Lens Imports

Imports into Egypt

In 2022, purchases abroad of mounted objective lenses decreased by -25.7% to X units, falling for the third consecutive year after two years of growth. Overall, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by 384% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, mounted objective lens imports declined sharply to $X in 2022. Over the period under review, imports, however, enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2013 when imports increased by 291%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of mounted objective lens to Egypt, accounting for a 21% share of total imports. Moreover, mounted objective lens imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. The United States (X units) ranked third in terms of total imports with a 0.7% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+42.7% per year) and the United States (-13.9% per year).

In value terms, Japan ($X) constituted the largest supplier of mounted objective lenses to Egypt, comprising 55% of total imports. The second position in the ranking was held by China ($X), with a 22% share of total imports. It was followed by the United States, with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan totaled +49.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+28.4% per year) and the United States (-8.0% per year).

Import Prices by Country

The average mounted objective lens import price stood at $X per unit in 2021, jumping by 74% against the previous year. Overall, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 285%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 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, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.2%), 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, accounting for 37% of total volume. Moreover, mounted objective lens consumption in the United States exceeded the figures recorded by the second-largest consumer, China, fivefold. The third position in this ranking was occupied by Hong Kong SAR, 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, with a combined 67% share of global production.

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

In value terms, the largest mounted objective lens suppliers to Egypt were China and Japan.

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

In 2020, the average mounted objective lens export price amounted to $189 per unit, with a decrease of -48.1% against the previous year.

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

In 2020, the average mounted objective lens import price amounted to $104 per unit, declining by -65.3% against the previous year.

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

Egypt

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Egypt
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 2012–2023
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