U.S.: Mounted Objective Lens Market 2025

Mounted Objective Lens Market Size in the U.S.

The U.S. mounted objective lens market reduced markedly to $X in 2022, with a decrease of -42% 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). Overall, consumption saw a abrupt setback. As a result, consumption attained the peak level of $X, and then dropped dramatically in the following year.

Mounted Objective Lens Exports

Exports from the U.S.

Mounted objective lens exports from the United States surged to X units in 2022, jumping by 263% against 2021 figures. Overall, exports recorded a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mounted objective lens exports contracted to $X in 2022. In general, exports, however, showed a mild slump. The growth pace was the most rapid in 2021 when exports increased by 32% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X units) was the main destination for mounted objective lens exports from the United States, accounting for a 10% share of total exports. Moreover, mounted objective lens exports to Canada exceeded the volume sent to the second major destination, Singapore (X units), twofold. The Netherlands (X units) ranked third in terms of total exports with a 2.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada stood at +10.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+13.0% per year) and the Netherlands (-3.5% per year).

In value terms, Canada ($X) remains the key foreign market for mounted objective lenses exports from the United States, comprising 23% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 10% share of total exports. It was followed by Singapore, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada stood at +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-4.2% per year) and Singapore (+4.6% per year).

Export Prices by Country

In 2021, the average mounted objective lens export price amounted to $X per unit, surging by 1.7% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 20%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 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 Mexico ($X per unit), while the average price for exports to Singapore ($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 Mexico (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Mounted Objective Lens Imports

Imports into the U.S.

In 2022, after two years of growth, there was significant decline in purchases abroad of mounted objective lenses, when their volume decreased by -6.3% to X units. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 29% against the previous year. Imports peaked at X units in 2021, and then fell in the following year.

In value terms, mounted objective lens imports dropped slightly to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Japan (X units) constituted the largest mounted objective lens supplier to the United States, with a 7.8% share of total imports. Moreover, mounted objective lens imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Thailand (X units) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume from Japan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+5.3% per year) and Thailand (+18.7% per year).

In value terms, Japan ($X) constituted the largest supplier of mounted objective lenses to the United States, comprising 43% of total imports. The second position in the ranking was held by China ($X), with a 15% share of total imports. It was followed by Thailand, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Japan amounted to -2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-0.5% per year) and Thailand (+15.2% per year).

Import Prices by Country

In 2021, the average mounted objective lens import price amounted to $X per unit, increasing by 21% against the previous year. Over the period under review, the import price, however, continues to indicate a slight slump. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Germany ($X per unit) and Japan ($X per unit), while the price for China ($X per unit) and Malaysia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (-2.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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