Iran: Objective Lens Market 2025

Objective Lens Market Size in Iran

The Iranian objective lens market fell sharply to $X in 2021, shrinking by -21.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a deep reduction. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Objective Lens Exports

Exports from Iran

In 2021, approx. X units of objective lenses for cameras, projectors or photographic enlargers or reducers were exported from Iran; shrinking by -75% against 2020 figures. Over the period under review, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 743% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, objective lens exports contracted remarkably to $X in 2021. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 288% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units), Sweden (X units) and Switzerland (X units) were the main destinations of objective lens exports from Iran. Moreover, objective lens exports in Germany exceeded the figures recorded by the second-largest exporter, Sweden, twofold.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Switzerland ($X) emerged as the key foreign market for objective lenses for cameras, projectors or photographic enlargers or reducers exports from Iran, comprising 70% of total exports. The second position in the ranking was taken by Germany ($X), with a 27% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Switzerland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-3.2% per year) and Sweden (-8.3% per year).

Export Prices by Country

The average objective lens export price stood at $X per unit in 2021, growing by 119% against the previous year. Over the period under review, the export price enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 336%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+54.8%), while the prices for the other major destinations experienced mixed trend patterns.

Objective Lens Imports

Imports into Iran

In 2021, approx. X units of objective lenses for cameras, projectors or photographic enlargers or reducers were imported into Iran; with a decrease of -27.4% compared with the year before. Overall, imports faced a deep downturn. The pace of growth was the most pronounced in 2016 when imports increased by 1,982% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, objective lens imports dropped sharply to $X in 2021. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of 1,133%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Japan (X units), Taiwan (Chinese) (X units) and the United Arab Emirates (X units) were the main suppliers of objective lens imports to Iran, with a combined 79% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +97.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest objective lens suppliers to Iran were Japan ($X), the United Arab Emirates ($X) and Singapore ($X), with a combined 86% share of total imports. Hong Kong SAR, Taiwan (Chinese), Turkey, China and South Korea lagged somewhat behind, together accounting for a further 8.4%.

Taiwan (Chinese), with a CAGR of +79.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average objective lens import price stood at $X per unit in 2021, increasing by 13% against the previous year. In general, the import price recorded a temperate expansion. The growth pace was the most rapid in 2017 an increase of 100% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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