Report Update Jan 1, 2025

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

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Kuwait: Mounted Objective Lens Market 2025

Mounted Objective Lens Market Size in Kuwait

The Kuwaiti mounted objective lens market dropped dramatically to $X in 2022, waning by -68.7% 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 abrupt decrease. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Mounted Objective Lens Exports

Exports from Kuwait

Mounted objective lens exports from Kuwait dropped sharply to X units in 2022, with a decrease of -55.6% against 2021. Over the period under review, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 200%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, mounted objective lens exports declined rapidly to $X in 2022. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2013 with an increase of 417%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units), Poland (X units) and Germany (X units) were the main destinations of mounted objective lens exports from Kuwait, together comprising 4.5% of total exports. Moreover, mounted objective lens exports in the Netherlands exceeded the figures recorded by the second-largest exporter, Poland, twofold.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +41.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for mounted objective lens exported from Kuwait were Poland ($X), the Netherlands ($X) and Germany ($X), together comprising 34% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +93.4%, 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

The average mounted objective lens export price stood at $X per unit in 2021, with a decrease of -8.7% against the previous year. In general, the export price, however, saw prominent growth. The pace of growth was the most pronounced in 2013 an increase of 72%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to the Netherlands ($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 Norway (+102.0%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Objective Lens Imports

Imports into Kuwait

In 2022, approx. X units of mounted objective lenses were imported into Kuwait; which is down by -76% on the year before. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of 93% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, mounted objective lens imports declined dramatically to $X in 2022. In general, imports showed a slight setback. The pace of growth appeared the most rapid in 2016 when imports increased by 80%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Japan (X units), China (X units) and Turkey (X units) were the main suppliers of mounted objective lens imports to Kuwait, with a combined 12% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +99.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constituted the largest supplier of mounted objective lenses to Kuwait, comprising 47% of total imports. The second position in the ranking was taken by Germany ($X), with a 19% share of total imports. It was followed by China, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan stood at +45.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+18.3% per year) and China (+78.6% per year).

Import Prices by Country

The average mounted objective lens import price stood at $X per unit in 2021, rising by 13% against the previous year. Overall, the import price posted notable growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 51% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+13.5%), 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 country with the largest volume of mounted objective lens consumption was the United States, 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. 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, with a combined 67% share of global production.

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

In value terms, Japan constituted the largest supplier of mounted objective lens to Kuwait, comprising 57% of total imports. The second position in the ranking was occupied by Thailand, with a 16% share of total imports. It was followed by China, with a 13% share.

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

In value terms, Qatar remains the key foreign market for mounted objective lens exports from Kuwait, comprising 83% of total exports. The second position in the ranking was occupied by Bahrain, with an 11% share of total exports. It was followed by Saudi Arabia, with a 3.3% share.

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

The average mounted objective lens export price stood at $252 per unit in 2020, falling by -23.9% against the previous year.

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

The average mounted objective lens import price stood at $385 per unit in 2020, jumping by 41% against the previous year.

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

Kuwait

Data coverage:

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