Netherlands: Optical Telescope Market 2024

Optical Telescope Market Size in the Netherlands

The Dutch optical telescope market skyrocketed to $X in 2021, rising by 47% 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, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +157.5% against 2018 indices. Optical telescope consumption peaked in 2021 and is likely to see gradual growth in years to come.

Optical Telescope Exports

Exports from the Netherlands

In 2021, overseas shipments of optical telescopes increased by 17% to X units, rising for the second consecutive year after two years of decline. Overall, exports saw a modest increase. The most prominent rate of growth was recorded in 2020 when exports increased by 277%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, optical telescope exports soared to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 56%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

France (X units) was the main destination for optical telescope exports from the Netherlands, accounting for a 72% share of total exports. Moreover, optical telescope exports to France exceeded the volume sent to the second major destination, Germany (X units), sevenfold. Belgium (X units) ranked third in terms of total exports with a 4.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to France amounted to +30.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-12.5% per year) and Belgium (-16.7% per year).

In value terms, France ($X) remains the key foreign market for optical telescope exports from the Netherlands, comprising 59% of total exports. The second position in the ranking was taken by the UK ($X), with a 9.3% share of total exports. It was followed by Germany, with an 8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +28.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+1.4% per year) and Germany (-10.4% per year).

Export Prices by Country

The average optical telescope export price stood at $X per unit in 2021, surging by 9.2% against the previous year. Over the period under review, the export price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 47% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the UK ($X per unit), while the average price for exports to Germany ($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 the UK (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Telescope Imports

Imports into the Netherlands

For the third consecutive year, the Netherlands recorded growth in overseas purchases of optical telescopes, which increased by 57% to X units in 2021. In general, imports saw buoyant growth. The growth pace was the most rapid in 2017 when imports increased by 69% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, optical telescope imports declined rapidly to $X in 2021. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 135%. Imports peaked at $X in 2020, and then fell significantly in the following year.

Imports by Country

In 2021, China (X units) constituted the largest optical telescope supplier to the Netherlands, with a 47% share of total imports. Moreover, optical telescope imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by Israel (X units), with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+52.8% per year) and Israel (+237.9% per year).

In value terms, the largest optical telescope suppliers to the Netherlands were China ($X), Israel ($X) and Germany ($X), together accounting for 70% of total imports. These countries were followed by Austria, Belgium, Italy, the United States and Switzerland, which together accounted for a further 18%.

Among the main suppliers, Italy, with a CAGR of +211.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average optical telescope import price stood at $X per unit in 2021, reducing by -50.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 74% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2020, and then reduced remarkably in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :