Switzerland: Mounted Objective Lens Market 2025

Mounted Objective Lens Market Size in Switzerland

For the third year in a row, the Swiss mounted objective lens market recorded growth in sales value, which increased by 42% to $X in 2022. In general, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +90.5% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Mounted Objective Lens Exports

Exports from Switzerland

In 2022, approx. X units of mounted objective lenses were exported from Switzerland; with an increase of 41% compared with 2021. Overall, exports, however, saw a slight curtailment. The pace of growth was the most pronounced in 2019 with an increase of 128%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, mounted objective lens exports expanded notably to $X in 2022. Over the period under review, total exports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +122.3% against 2015 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 30% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Malaysia (X units), Germany (X units) and the United States (X units) were the main destinations of mounted objective lens exports from Switzerland, with a combined 28% share of total exports. Israel, Hong Kong SAR, France, Sweden, China, Hungary, Canada, the Netherlands and Austria lagged somewhat behind, together comprising a further 21%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +47.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mounted objective lens exported from Switzerland were Germany ($X), Malaysia ($X) and the United States ($X), with a combined 56% share of total exports. China, Israel, Hong Kong SAR, Canada, France, Sweden, the Netherlands, Hungary and Austria lagged somewhat behind, together accounting for a further 31%.

Among the main countries of destination, Israel, with a CAGR of +52.0%, recorded the highest rates of growth with regard to the value of exports, 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, with a decrease of -4% against the previous year. Overall, the export price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 an increase of 231%. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Hungary ($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 Israel (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Objective Lens Imports

Imports into Switzerland

In 2022, purchases abroad of mounted objective lenses increased by 71% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, mounted objective lens imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan (X units), China (X units) and Germany (X units) were the main suppliers of mounted objective lens imports to Switzerland, with a combined 12% share of total imports. Thailand, Taiwan (Chinese), the United States, Vietnam, Malaysia, the Netherlands and Hong Kong SAR lagged somewhat behind, together accounting for a further 4.3%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +45.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Germany ($X) were the largest mounted objective lens suppliers to Switzerland, with a combined 68% share of total imports. Thailand, the United States, Taiwan (Chinese), Vietnam, the Netherlands, Malaysia and Hong Kong SAR lagged somewhat behind, together accounting for a further 24%.

In terms of the main suppliers, Vietnam, with a CAGR of +52.3%, 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

In 2021, the average mounted objective lens import price amounted to $X per unit, declining by -10.8% against the previous year. In general, import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, mounted objective lens import price increased by +72.3% against 2015 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 36%. Over the period under review, average import prices hit record highs at $X per unit in 2020, and then fell in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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