Japan: Mounted Lens Market 2025

Mounted Lens Market Size in Japan

The Japanese mounted lens market soared to $X in 2022, jumping by 41% against the previous year. Overall, consumption recorded significant growth. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the near future.

Mounted Lens Production in Japan

In value terms, mounted lens production skyrocketed to $X in 2022 estimated in export price. Overall, production showed a abrupt setback. Mounted lens production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Mounted Lens Exports

Exports from Japan

In 2022, exports of mounted lenses, prisms and mirrors from Japan reduced markedly to X units, falling by -27.7% compared with the year before. In general, exports showed a sharp descent. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, mounted lens exports stood at $X in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 22% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for mounted lens exports from Japan, with a 33% share of total exports. Moreover, mounted lens exports to China exceeded the volume sent to the second major destination, Taiwan (Chinese) (X units), twofold. The third position in this ranking was held by the United States (X units), with a 13% share.

From 2020 to 2022, the average annual growth rate of volume to China totaled -51.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-53.5% per year) and the United States (-11.0% per year).

In value terms, China ($X), the United States ($X) and Taiwan (Chinese) ($X) were the largest markets for mounted lens exported from Japan worldwide, together accounting for 64% of total exports. Thailand, Germany, Hong Kong SAR, Israel, Singapore, South Korea, the Netherlands and Myanmar lagged somewhat behind, together accounting for a further 30%.

In terms of the main countries of destination, Israel, with a CAGR of +206.6%, recorded the highest rates of growth with regard to 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

In 2022, the average mounted lens export price amounted to $X per unit, surging by 39% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 269% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 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 the United States ($X per unit), while the average price for exports to Myanmar ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+146.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Lens Imports

Imports into Japan

In 2022, overseas purchases of mounted lenses, prisms and mirrors decreased by -37.6% to X units for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of X units, and then shrank dramatically in the following year.

In value terms, mounted lens imports dropped modestly to $X in 2022. Overall, total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.2% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 31% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and the United States (X units) were the main suppliers of mounted lens imports to Japan, with a combined 74% share of total imports. Germany, Thailand, Malaysia, the UK, the Philippines and Myanmar lagged somewhat behind, together comprising a further 17%.

From 2020 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +516.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mounted lens suppliers to Japan were China ($X), the United States ($X) and Taiwan (Chinese) ($X), with a combined 78% share of total imports. Germany, Thailand, the Philippines, Malaysia, the UK and Myanmar lagged somewhat behind, together accounting for a further 17%.

Malaysia, with a CAGR of +93.7%, saw the highest growth rate of 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

In 2022, the average mounted lens import price amounted to $X per unit, rising by 60% against the previous year. Over the period under review, import price indicated a significant expansion from 2020 to 2022: its price increased at an average annual rate of +28.7% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mounted lens import price increased by +65.7% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+48.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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