Spain: Mounted Objective Lens Market 2025

Mounted Objective Lens Market Size in Spain

In 2022, the Spanish mounted objective lens market increased by 54% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, showed a perceptible setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Mounted Objective Lens Production in Spain

In value terms, mounted objective lens production skyrocketed to $X in 2022 estimated in export price. In general, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 128% against the previous year. Mounted objective lens production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Mounted Objective Lens Exports

Exports from Spain

In 2022, shipments abroad of mounted objective lenses decreased by -36% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, posted a perceptible expansion. The growth pace was the most rapid in 2017 with an increase of 378% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, mounted objective lens exports reduced markedly to $X in 2022. In general, exports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2019 with an increase of 55% against the previous year. The exports peaked at $X in 2021, and then fell remarkably in the following year.

Exports by Country

Germany (X units), the United Arab Emirates (X units) and France (X units) were the main destinations of mounted objective lens exports from Spain, together comprising 16% of total exports. Italy, Portugal, Poland, China, Chile, the UK and Andorra lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +156.0%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Portugal ($X) constituted the largest markets for mounted objective lens exported from Spain worldwide, together accounting for 54% of total exports. Poland, Italy, the UK, Andorra, the United Arab Emirates, Chile and China lagged somewhat behind, together accounting for a further 33%.

China, with a CAGR of +212.3%, saw 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

The average mounted objective lens export price stood at $X per unit in 2021, surging by 37% against the previous year. Overall, the export price posted a perceptible increase. The most prominent rate of growth was recorded in 2018 an increase of 252%. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Andorra ($X per unit), while the average price for exports to China ($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 Poland (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Objective Lens Imports

Imports into Spain

In 2022, supplies from abroad of mounted objective lenses increased by 73% to X units, rising for the second consecutive year after three years of decline. Overall, imports recorded mild growth. The most prominent rate of growth was recorded in 2017 with an increase of 131% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, mounted objective lens imports totaled $X in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands (X units), Germany (X units) and Japan (X units) were the main suppliers of mounted objective lens imports to Spain, with a combined 16% share of total imports. Poland, South Korea, China, France, the UK, Italy, Belgium, Thailand and Malaysia lagged somewhat behind, together accounting for a further 7.4%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +151.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mounted objective lens suppliers to Spain were Germany ($X), the Netherlands ($X) and Japan ($X), with a combined 75% share of total imports. France, Poland, Italy, the UK, China, Belgium, South Korea, Thailand and Malaysia lagged somewhat behind, together accounting for a further 21%.

Poland, with a CAGR of +139.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average mounted objective lens import price amounted to $X per unit, surging by 2.2% against the previous year. Over the period under review, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 86%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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