Hong Kong SAR, China - Objective Lenses For Cameras, Projectors Or Photographic Enlargers Or Reducers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingObjective Lens Price in Hong Kong SAR - 2023
Contents:
- Objective Lens Price in Hong Kong SAR (CIF) - 2022
- Objective Lens Price in Hong Kong SAR (FOB) - 2022
- Objective Lens Imports in Hong Kong SAR
- Objective Lens Exports in Hong Kong SAR
Objective Lens Price in Hong Kong SAR (CIF) - 2022
In 2022, the average objective lens import price amounted to $108 per unit, approximately equating the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, objective lens import price increased by +13.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $109 per unit in 2021, and then reduced in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($108 per unit) and Australia ($108 per unit), while the price for Singapore ($108 per unit) and Thailand ($108 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Objective Lens Price in Hong Kong SAR (FOB) - 2022
The average objective lens export price stood at $126 per unit in 2022, waning by -5.7% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, objective lens export price increased by +2.5% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 27% against the previous year. The export price peaked at $133 per unit in 2021, and then shrank in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($126 per unit) and the United States ($126 per unit), while the average price for exports to Macao SAR ($126 per unit) and Taiwan (Chinese) ($126 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.
Objective Lens Imports in Hong Kong SAR
In 2022, approx. 2.8M units of objective lenses for cameras, projectors or photographic enlargers or reducers were imported into Hong Kong SAR; with a decrease of -14.6% against 2021 figures. Overall, imports saw a deep contraction. The smallest decline of -8.4% was in 2021. Imports peaked at 5.2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, objective lens imports dropped sharply to $299M in 2022. Over the period under review, imports faced a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 5.5% against the previous year. Imports peaked at $497M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Objective Lens in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 217 | 136 | 125 | 101 | -22.5% |
| United Arab Emirates | 53.1 | 59.7 | 55.7 | 46.7 | -4.2% |
| Japan | 32.7 | 29.2 | 36.1 | 37.1 | 4.3% |
| Singapore | 33.0 | 37.9 | 39.8 | 33.9 | 0.9% |
| Australia | 35.8 | 17.8 | 18.6 | 19.6 | -18.2% |
| Vietnam | 2.6 | 2.5 | 12.6 | 10.8 | 60.7% |
| Thailand | 7.4 | 3.8 | 8.9 | 10.2 | 11.3% |
| United States | 16.3 | 8.3 | 10.7 | 9.4 | -16.8% |
| South Korea | 4.4 | 7.7 | 4.3 | 5.9 | 10.3% |
| Taiwan (Chinese) | 64.0 | 5.5 | 7.6 | 1.9 | -69.0% |
| Others | 31.2 | 27.3 | 35.2 | 22.6 | -10.2% |
| Total | 497 | 336 | 355 | 299 | -15.6% |
Top Suppliers of Objective Lens to Hong Kong SAR in 2022:
- China (937.5K units)
- United Arab Emirates (432.9K units)
- Japan (343.5K units)
- Singapore (313.7K units)
- Australia (181.6K units)
- Vietnam (100.0K units)
- Thailand (94.5K units)
- United States (87.4K units)
- South Korea (54.8K units)
- Taiwan (Chinese) (17.6K units)
Objective Lens Exports in Hong Kong SAR
In 2022, approx. 1.6M units of objective lenses for cameras, projectors or photographic enlargers or reducers were exported from Hong Kong SAR; therefore, remained relatively stable against the previous year. Overall, exports continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 22%. Over the period under review, the exports reached the peak figure at 1.7M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, objective lens exports fell to $206M in 2022. The total export value increased at an average annual rate of +3.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, the exports attained the peak of $221M, and then dropped in the following year.
| Export of Objective Lens in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 95.9 | 76.0 | 64.2 | 51.8 | -18.6% |
| United States | 22.8 | 20.0 | 48.9 | 47.2 | 27.4% |
| Netherlands | 5.3 | 1.8 | 23.8 | 22.6 | 62.2% |
| Vietnam | 1.8 | 0.2 | 0.3 | 16.2 | 108.0% |
| Japan | 8.5 | 5.2 | 15.7 | 9.7 | 4.5% |
| United Arab Emirates | 0.1 | N/A | N/A | 7.0 | 312.1% |
| Malaysia | 3.1 | 1.9 | 4.1 | 4.8 | 15.7% |
| Taiwan (Chinese) | 3.2 | 5.0 | 6.9 | 3.9 | 6.8% |
| Switzerland | 1.9 | 3.5 | 4.2 | 3.9 | 27.1% |
| Israel | 2.6 | 4.1 | 6.0 | 3.6 | 11.5% |
| Macao SAR | 0.3 | 0.5 | 1.5 | 3.6 | 128.9% |
| South Korea | 0.9 | 0.9 | 3.1 | 3.2 | 52.6% |
| Germany | 10.8 | 9.0 | 9.0 | 0.9 | -56.3% |
| Others | 28.0 | 27.0 | 33.5 | 27.3 | -0.8% |
| Total | 185 | 155 | 221 | 206 | 3.6% |
Top Export Markets for Objective Lens from Hong Kong SAR in 2022:
- China (412.5K units)
- United States (376.0K units)
- Netherlands (179.6K units)
- Vietnam (129.1K units)
- Japan (77.3K units)
- United Arab Emirates (55.4K units)
- Malaysia (38.1K units)
- Switzerland (31.3K units)
- Taiwan (Chinese) (30.8K units)
- Macao SAR (28.9K units)
- Israel (28.4K units)
- South Korea (25.3K units)
- Germany (7.5K units)
This report provides an in-depth analysis of the objective lens market in Hong Kong SAR, China. 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 26701100 - Mounted objective lenses, of any material, for cameras, p rojectors or photographic enlargers or reducers
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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