Malaysia - Mounted Lenses, Prisms And Mirrors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMounted Lens Price in Malaysia - 2021
Contents:
- Mounted Lens Price in Malaysia (CIF) - 2022
- Mounted Lens Price in Malaysia (FOB) - 2021
- Mounted Lens Imports in Malaysia
- Mounted Lens Exports in Malaysia
Mounted Lens Price in Malaysia (CIF) - 2022
In 2022, the average mounted lens import price amounted to $17,129 per unit, growing by 6% against the previous year. In general, import price indicated significant growth from 2020 to 2022: its price increased at an average annual rate of +35.6% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mounted lens import price increased by +83.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 73% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($17,287 per unit), while the price for South Korea ($10,246 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+36.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Mounted Lens Price in Malaysia (FOB) - 2021
The average mounted lens export price stood at $14.7 per unit in December 2021, dropping by -21.2% against the previous month. In general, the export price, however, saw modest growth. The pace of growth was the most pronounced in April 2021 when the average export price increased by 358% against the previous month. The export price peaked at $22.8 per unit in February 2021; however, from March 2021 to December 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was Thailand ($88.9 per unit), while the average price for exports to Singapore ($9.2 per unit) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.
Mounted Lens Imports in Malaysia
In 2022, the amount of mounted lenses, prisms and mirrors imported into Malaysia dropped sharply to 1.3K units, which is down by -17.8% on the previous year. Over the period under review, imports showed a significant contraction. Imports peaked at 2.1K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, mounted lens imports contracted to $23M in 2022. In general, imports continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of $26M, and then dropped in the following year.
| Import of Mounted Lens in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Thailand | 0.6 | 0.9 | 5.0 | 188.7% | |
| Taiwan (Chinese) | 3.7 | 1.8 | 3.7 | 0.0% | |
| Vietnam | 2.7 | 4.7 | 3.3 | 10.6% | |
| China | 2.7 | 3.0 | 2.9 | 3.6% | |
| Singapore | 1.5 | 1.9 | 2.5 | 29.1% | |
| Australia | 1.8 | 3.0 | 1.9 | 2.7% | |
| Japan | 2.5 | 4.6 | 1.3 | -27.9% | |
| Germany | 0.8 | 1.4 | 1.0 | 11.8% | |
| United States | 1.3 | 2.1 | 0.5 | -38.0% | |
| South Korea | 1.4 | 1.0 | N/A | -28.6% | |
| Others | 0.7 | 1.8 | 0.8 | 6.9% | |
| Total | 19.6 | 26.3 | 22.9 | 8.1% | |
Top Suppliers of Mounted Lens to Malaysia in 2022:
- Thailand (288.0 units)
- Taiwan (Chinese) (213.0 units)
- Vietnam (189.0 units)
- China (170.0 units)
- Singapore (147.0 units)
- Australia (109.0 units)
- Japan (78.0 units)
- Germany (60.0 units)
- United States (29.0 units)
- South Korea (1.0 units)
Mounted Lens Exports in Malaysia
In 2022, mounted lens exports from Malaysia soared to 3.2K units, increasing by 40% compared with 2021. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 53%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, mounted lens exports shrank to $6.3M in 2022. The total export value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 16%. As a result, the exports reached the peak of $6.8M, and then dropped in the following year.
| Export of Mounted Lens in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Thailand | 1,358 | 661 | 1,722 | 12.6% | |
| Singapore | 1,307 | 1,646 | 1,403 | 3.6% | |
| Japan | 1,162 | 952 | 922 | -10.9% | |
| Indonesia | 23.7 | 1,113 | 575 | 392.6% | |
| Philippines | 12.0 | 8.3 | 552 | 578.2% | |
| United States | 188 | 240 | 287 | 23.6% | |
| China | 113 | 282 | 282 | 58.0% | |
| Others | 1,705 | 1,918 | 602 | -40.6% | |
| Total | 5,868 | 6,821 | 6,345 | 4.0% | |
Top Export Markets for Mounted Lens from Malaysia in 2022:
- Thailand (913.0 units)
- Singapore (744.0 units)
- Japan (489.0 units)
- Indonesia (305.0 units)
- Philippines (293.0 units)
- United States (153.0 units)
- China (150.0 units)
This report provides an in-depth analysis of the mounted lens market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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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