Vietnam - Mounted Lenses, Prisms And Mirrors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMounted Lens Price in Vietnam - 2021
Contents:
- Mounted Lens Price in Vietnam (CIF) - 2022
- Mounted Lens Price in Vietnam (FOB) - 2022
- Mounted Lens Imports in Vietnam
- Mounted Lens Exports in Vietnam
Mounted Lens Price in Vietnam (CIF) - 2022
The average mounted lens import price stood at $15,983 per unit in 2022, growing by 2,233% against the previous year. Overall, the import price posted a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($15,802 per unit) and China ($15,798 per unit), while the price for Japan ($15,770 per unit) and the Philippines ($15,773 per unit) were amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+37.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Mounted Lens Price in Vietnam (FOB) - 2022
In 2022, the average mounted lens export price amounted to $7,247 per unit, growing by 17% against the previous year. In general, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 104%. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($41,232 per unit), while the average price for exports to China ($3,580 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+388.3%), while the prices for the other major destinations experienced more modest paces of growth.
Mounted Lens Imports in Vietnam
In 2022, overseas purchases of mounted lenses, prisms and mirrors decreased by -96% to 24K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 1,339%. As a result, imports reached the peak of 592K units, and then fell remarkably in the following year.
In value terms, mounted lens imports declined to $380M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. As a result, imports reached the peak of $406M, and then shrank in the following year.
| Import of Mounted Lens in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Taiwan (Chinese) | 82.4 | 158 | 290 | 87.6% | |
| China | 157 | 158 | 28.8 | -57.2% | |
| Hong Kong SAR | 0.4 | N/A | 21.7 | 636.5% | |
| South Korea | 93.8 | 73.4 | 17.4 | -56.9% | |
| Philippines | 3.1 | N/A | 11.0 | 88.4% | |
| Japan | 12.1 | 12.6 | 3.9 | -43.2% | |
| Others | 4.5 | 3.7 | 6.8 | 22.9% | |
| Total | 354 | 406 | 380 | 3.6% | |
Top Suppliers of Mounted Lens to Vietnam in 2022:
- Taiwan (Chinese) (18.4K units)
- China (1.8K units)
- Hong Kong SAR (1.4K units)
- South Korea (1.1K units)
- Philippines (0.7K units)
- Japan (0.2K units)
Mounted Lens Exports in Vietnam
In 2022, the amount of mounted lenses, prisms and mirrors exported from Vietnam reduced sharply to 20K units, waning by -15% on the previous year. Over the period under review, exports saw a sharp decline. The exports peaked at 47K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, mounted lens exports reduced modestly to $142M in 2022. Overall, exports showed a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 0.5%. Over the period under review, the exports attained the peak figure at $218M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Mounted Lens in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 82.5 | 66.5 | 62.8 | -12.8% | |
| Taiwan (Chinese) | 4.1 | 18.0 | 55.2 | 266.9% | |
| Thailand | 7.8 | 10.6 | 4.4 | -24.9% | |
| Japan | 4.4 | 4.3 | 1.8 | -36.0% | |
| Hong Kong SAR | 13.6 | 13.4 | 1.2 | -70.3% | |
| Philippines | 4.3 | 0.8 | 0.9 | -54.3% | |
| South Korea | 20.2 | 23.1 | 0.4 | -85.9% | |
| Others | 4.5 | 5.5 | 15.1 | 83.2% | |
| Total | 141 | 142 | 142 | 0.4% | |
Top Export Markets for Mounted Lens from Vietnam in 2022:
- Philippines (undefinedK units)
- Japan (undefinedK units)
- South Korea (undefinedK units)
- Hong Kong SAR (undefinedK units)
- China (17.5K units)
- Taiwan (Chinese) (1.3K units)
- Thailand (0.1K units)
This report provides an in-depth analysis of the mounted lens market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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
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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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