New Zealand: Mounted Lens Market 2025

Mounted Lens Market Size in New Zealand

The New Zealand mounted lens market surged to $X in 2022, picking up by 40% 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). In general, consumption, however, recorded a significant expansion. Mounted lens consumption peaked in 2022 and is likely to see gradual growth in years to come.

Mounted Lens Exports

Exports from New Zealand

In 2022, the amount of mounted lenses, prisms and mirrors exported from New Zealand totaled X units, remaining stable against 2021 figures. Over the period under review, exports saw a precipitous descent. The smallest decline of 99.9% was in 2021. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, mounted lens exports surged to $X in 2022. In general, exports recorded strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 312% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X units) was the main destination for mounted lens exports from New Zealand, with a 31% share of total exports. Moreover, mounted lens exports to Australia exceeded the volume sent to the second major destination, Chile (X units), threefold. Canada (X units) ranked third in terms of total exports with a 10% share.

From 2020 to 2022, the average annual growth rate of volume to Australia stood at +112.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-59.2% per year) and Canada (+22.5% per year).

In value terms, Australia ($X) emerged as the key foreign market for mounted lenses, prisms and mirrors exports from New Zealand, comprising 52% of total exports. The second position in the ranking was held by Canada ($X), with a 13% share of total exports. It was followed by Chile, with a 10% share.

From 2020 to 2022, the average annual growth rate of value to Australia stood at +2,510.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+1,220.7% per year) and Chile (+96.3% per year).

Export Prices by Country

The average mounted lens export price stood at $X per unit in 2022, approximately equating the previous year. In general, the export price saw a significant increase. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Cook Islands ($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 Fiji (+1,300.0%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Lens Imports

Imports into New Zealand

In 2022, approx. X units of mounted lenses, prisms and mirrors were imported into New Zealand; growing by 3.3% compared with 2021. Overall, imports, however, continue to indicate a sharp contraction. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, mounted lens imports soared to $X in 2022. In general, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X units) constituted the largest mounted lens supplier to New Zealand, accounting for a 65% share of total imports. Moreover, mounted lens imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. Sweden (X units) ranked third in terms of total imports with an 8.5% share.

From 2020 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +44.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-43.5% per year) and Sweden (+389.9% per year).

In value terms, the United States ($X) constituted the largest supplier of mounted lenses, prisms and mirrors to New Zealand, comprising 57% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by Sweden, with a 7.2% share.

From 2020 to 2022, the average annual growth rate of value from the United States amounted to +152.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.0% per year) and Sweden (+99.4% per year).

Import Prices by Country

The average mounted lens import price stood at $X per unit in 2022, picking up by 51% against the previous year. Overall, the import price recorded a significant increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 122% against the previous year. The import price peaked in 2022 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 Taiwan (Chinese) ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+644.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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