Romania: Mounted Objective Lens Market 2025

Mounted Objective Lens Market Size in Romania

In 2022, the Romanian mounted objective lens market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption posted prominent growth. Mounted objective lens consumption peaked in 2022 and is expected to retain growth in the near future.

Mounted Objective Lens Exports

Exports from Romania

In 2022, approx. X units of mounted objective lenses were exported from Romania; reducing by -54.3% on the previous year's figure. Over the period under review, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 457% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, mounted objective lens exports reduced markedly to $X in 2022. In general, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 144%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Bulgaria (X units), Germany (X units) and Hong Kong SAR (X units) were the main destinations of mounted objective lens exports from Romania, with a combined 13% share of total exports. Ireland, the UK, Hungary, China and Poland lagged somewhat behind, together comprising a further 4.7%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of +1,207.7%), while the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Germany ($X) and Bulgaria ($X) were the largest markets for mounted objective lens exported from Romania worldwide, together comprising 78% of total exports. Ireland, Hungary, the UK, Poland and China lagged somewhat behind, together comprising a further 16%.

Ireland, with a CAGR of +1,687.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average mounted objective lens export price amounted to $X per unit, waning by -37.9% against the previous year. In general, the export price recorded a abrupt slump. The growth pace was the most rapid in 2020 an increase of 55%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to China ($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 Ireland (+55.2%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Objective Lens Imports

Imports into Romania

After two years of decline, purchases abroad of mounted objective lenses increased by 63% to X units in 2022. Over the period under review, imports posted a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of 218% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, mounted objective lens imports soared to $X in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of 218% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest mounted objective lens supplier to Romania, accounting for a 48% share of total imports. Moreover, mounted objective lens imports from Germany exceeded the figures recorded by the second-largest supplier, France (X units), fivefold. Poland (X units) ranked third in terms of total imports with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +58.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+71.3% per year) and Poland (+58.3% per year).

In value terms, Germany ($X) constituted the largest supplier of mounted objective lenses to Romania, comprising 70% of total imports. The second position in the ranking was taken by Austria ($X), with a 5% share of total imports. It was followed by Belgium, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +39.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+10.8% per year) and Belgium (+63.7% per year).

Import Prices by Country

In 2021, the average mounted objective lens import price amounted to $X per unit, picking up by 6.6% against the previous year. Overall, the import price posted strong growth. The growth pace was the most rapid in 2017 an increase of 253%. As a result, import price reached the peak level of $X per unit. From 2018 to 2021, the average import prices remained at a somewhat lower figure.

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 Austria ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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