Report Update Nov 1, 2024

Myanmar - Mounted Lenses, Prisms and Mirrors - Market Analysis, Forecast, Size, Trends and Insights

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Myanmar: Mounted Lens Market 2024

Mounted Lens Market Size in Myanmar

For the eleventh year in a row, the Myanmar's mounted lens market recorded growth in sales value, which increased by 2,056% to $X in 2022. In general, consumption saw a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Mounted Lens Exports

Exports from Myanmar

In value terms, mounted lens exports declined rapidly to $X in 2013. Overall, exports saw a sharp curtailment. Over the period under review, the exports reached the maximum at $X in 2012, and then declined markedly in the following year.

Exports by Country

In value terms, China ($X), Thailand ($X) and the Philippines ($X) constituted the largest markets for mounted lens exported from Myanmar worldwide, together comprising 89% of total exports. Germany and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 7.1%.

Taiwan (Chinese), with a CAGR of -14.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Mounted Lens Imports

Imports into Myanmar

Mounted lens imports into Myanmar soared to X units in 2022, with an increase of 27,253% against the previous year's figure. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mounted lens imports surged to $X in 2022. In general, imports showed a slight increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Japan (X units) were the main suppliers of mounted lens imports to Myanmar, with a combined 100% share of total imports.

From 2020 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +1,946.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Taiwan (Chinese) ($X) and Japan ($X) were the largest mounted lens suppliers to Myanmar, with a combined 100% share of total imports.

China, with a CAGR of +1,661.3%, 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

The average mounted lens import price stood at $X per unit in 2022, which is down by -92.1% against the previous year. Overall, the import price recorded a slight contraction. The pace of growth appeared the most rapid in 2021 an increase of 1,130% against the previous year. As a result, import price reached the peak level of $X per unit, and then contracted rapidly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+3,934.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mounted lenses, prisms and mirrors in the world?

Spain remains the largest mounted lens consuming country worldwide, comprising approx. 27% of total volume. Moreover, mounted lens consumption in Spain exceeded the figures recorded by the second-largest consumer, China, twofold. The United States ranked third in terms of total consumption with an 8.5% share.

What are the largest producers of mounted lenses, prisms and mirrors in the world?

Spain constituted the country with the largest volume of mounted lens production, accounting for 56% of total volume. Moreover, mounted lens production in Spain exceeded the figures recorded by the second-largest producer, China, fourfold. The third position in this ranking was occupied by the United States, with a 5.5% share.

What are the leading suppliers of mounted lenses, prisms and mirrors to Myanmar?

In value terms, Singapore constituted the largest supplier of mounted lens to Myanmar, comprising 44% of total imports. The second position in the ranking was occupied by Italy, with a 12% share of total imports. It was followed by India, with a 9.7% share.

What are the leading importers of mounted lenses, prisms and mirrors from Myanmar?

In value terms, Japan remains the key foreign market for mounted lens exports from Myanmar, comprising 96% of total exports. The second position in the ranking was occupied by the Philippines, with a 3% share of total exports.

What is the average export price for mounted lenses, prisms and mirrors in Myanmar?

The average mounted lens export price stood at $244,665 per ton in 2021, standing approx. at the previous year.

What is the average import price for mounted lenses, prisms and mirrors in Myanmar?

In 2021, the average mounted lens import price amounted to $513,150 per ton, picking up by 120% against the previous year.

This report provides an in-depth analysis of the mounted lens market in Myanmar. 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 26702155 - Mounted lenses, prisms, mirrors, etc., of any material, n.e.c.

Country coverage:

Myanmar

Data coverage:

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