Report Update Nov 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Sri Lanka: Mounted Lens Market 2024

Mounted Lens Market Size in Sri Lanka

After ten years of growth, the Sri Lankan mounted lens market decreased by 99.9% to less than $X in 2022. Over the period under review, consumption, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2021 with an increase of 4.2% against the previous year. As a result, consumption reached the peak level of $X, and then shrank notably in the following year.

Mounted Lens Exports

Exports from Sri Lanka

In 2022, approx. less than X units of mounted lenses, prisms and mirrors were exported from Sri Lanka; reducing by 99.9% on the previous year. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X units in 2021, and then fell remarkably in the following year.

In value terms, mounted lens exports skyrocketed to $X in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2013 when exports increased by 2,063% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Mounted Lens Imports

Imports into Sri Lanka

In 2022, purchases abroad of mounted lenses, prisms and mirrors decreased by 99.9% to less than X units for the first time since 2011, thus ending a ten-year rising trend. In general, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of X units, and then contracted remarkably in the following year.

In value terms, mounted lens imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 279%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Greece (X units), China (X units) and Canada (X units) were the main suppliers of mounted lens imports to Sri Lanka, with a combined 63% share of total imports.

From 2020 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +528.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mounted lens suppliers to Sri Lanka were Greece ($X), China ($X) and Canada ($X), together accounting for 72% of total imports. Singapore, India, Denmark, Germany, Belgium, Japan, the United States, Australia, the UK and Italy lagged somewhat behind, together comprising a further 22%.

Belgium, with a CAGR of +2,016.5%, saw the highest rates of growth with regard to 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 lens import price amounted to $X per unit, reducing by -8.2% against the previous year. Over the period under review, the import price recorded a abrupt contraction. Over the period under review, average import prices attained the peak figure at $X per unit in 2020, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+323.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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, accounting for 27% of total volume. Moreover, mounted lens consumption in Spain exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was occupied by the United States, with an 8.5% share.

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

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

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

In value terms, the largest mounted lens suppliers to Sri Lanka were Canada, the UK and Singapore, together comprising 27% of total imports.

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

In value terms, the United States emerged as the key foreign market for mounted lens exports from Sri Lanka, comprising 60% of total exports. The second position in the ranking was occupied by Maldives $85), with a 0.8% share of total exports.

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

The average mounted lens export price stood at $480,870 per ton in 2021, falling by -2.5% against the previous year.

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

The average mounted lens import price stood at $202,574 per ton in 2021, shrinking by -10% against the previous year.

This report provides an in-depth analysis of the mounted lens market in Sri Lanka. 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:

Sri Lanka

Data coverage:

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