Italy: Mounted Objective Lens Market 2025

Mounted Objective Lens Market Size in Italy

In 2022, the Italian mounted objective lens market increased by 12% to $X, rising for the third year in a row after four years of decline. The market value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Mounted Objective Lens Production in Italy

In value terms, mounted objective lens production expanded significantly to $X in 2022 estimated in export price. Overall, production enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,137%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Mounted Objective Lens Exports

Exports from Italy

In 2022, mounted objective lens exports from Italy declined markedly to X units, shrinking by -15.9% compared with the year before. Over the period under review, exports continue to indicate a deep setback. The pace of growth was the most pronounced in 2018 with an increase of 139%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, mounted objective lens exports plummeted to $X in 2022. In general, total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 78%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

France (X units), the United States (X units) and Germany (X units) were the main destinations of mounted objective lens exports from Italy, with a combined 12% share of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +28.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and France ($X) appeared to be the largest markets for mounted objective lens exported from Italy worldwide, with a combined 37% share of total exports. Spain, the UK, the Czech Republic, China, Israel, Slovakia, Switzerland, the Netherlands, Taiwan (Chinese) and Hungary lagged somewhat behind, together accounting for a further 29%.

In terms of the main countries of destination, Israel, with a CAGR of +32.4%, saw 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 objective lens export price stood at $X per unit in 2021, jumping by 26% against the previous year. In general, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 191%. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($X per unit), while the average price for exports to Hungary ($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 Israel (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Objective Lens Imports

Imports into Italy

In 2022, imports of mounted objective lenses into Italy shrank to X units, with a decrease of -9.6% compared with the year before. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2015 when imports increased by 22% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, mounted objective lens imports contracted to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 52% against the previous year. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Germany (X units), the Netherlands (X units) and China (X units) were the main suppliers of mounted objective lens imports to Italy, together comprising 35% of total imports. The UK, Japan, France, Poland and Spain lagged somewhat behind, together comprising a further 10%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +30.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Japan ($X) were the largest mounted objective lens suppliers to Italy, with a combined 64% share of total imports. China, France, Poland, the UK and Spain lagged somewhat behind, together accounting for a further 15%.

Poland, with a CAGR of +32.3%, saw 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 2021, the average mounted objective lens import price amounted to $X per unit, surging by 27% against the previous year. In general, the import price posted a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 51%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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