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China - Binoculars - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBinocular Price in China - 2023
Contents:
- Binocular Price in China (FOB) - 2023
- Binocular Price in China (CIF) - 2023
- Binocular Exports in China
- Binocular Imports in China
Binocular Price in China (FOB) - 2023
In June 2023, the average binocular export price amounted to $12.2 per unit, remaining relatively unchanged against the previous month. In general, the export price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 21% against the previous month. Over the period under review, the average export prices reached the peak figure at $17.1 per unit in August 2022; however, from September 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Germany ($24.3 per unit), while the average price for exports to Brazil ($2.3 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Binocular Price in China (CIF) - 2023
The average binocular import price stood at $124 per unit in June 2023, rising by 4.1% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 69% m-o-m. As a result, import price reached the peak level of $188 per unit. From April 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($452 per unit), while the price for Greece ($34.5 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Philippines (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Binocular Exports in China
In 2022, the amount of binoculars exported from China expanded significantly to 19M units, with an increase of 7% against the previous year's figure. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, binocular exports totaled $278M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 54% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Binocular in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 85.7 | 80.3 | 111 | 111 | 9.0% |
Germany | 19.7 | 16.9 | 24.1 | 22.9 | 5.1% |
Japan | 20.0 | 12.1 | 7.7 | 14.5 | -10.2% |
United Kingdom | 6.5 | 5.8 | 11.4 | 10.9 | 18.8% |
Netherlands | 10.4 | 10.2 | 9.1 | 8.1 | -8.0% |
Poland | 1.7 | 2.5 | 2.9 | 5.5 | 47.9% |
Belgium | 1.4 | 3.0 | 5.6 | 3.1 | 30.3% |
South Korea | 1.3 | 1.5 | 1.9 | 2.8 | 29.1% |
India | 2.9 | 1.4 | 2.4 | 2.2 | -8.8% |
Mexico | 0.8 | 1.1 | 2.0 | 2.1 | 37.9% |
United Arab Emirates | 1.1 | 0.4 | 0.5 | 1.7 | 15.6% |
Chile | 0.5 | 0.6 | 1.2 | 1.3 | 37.5% |
Tanzania | N/A | N/A | N/A | 0.1 | 0% |
Others | 41.5 | 36.1 | 85.4 | 92.6 | 30.7% |
Total | 193 | 172 | 265 | 278 | 12.9% |
Top Export Markets for Binocular from China in 2022:
- United States (5.3M units)
- Japan (1.5M units)
- Germany (1.0M units)
- India (0.7M units)
- Mexico (0.6M units)
- United Kingdom (0.6M units)
- Netherlands (0.5M units)
- United Arab Emirates (0.5M units)
- Belgium (0.5M units)
- Poland (0.5M units)
- Tanzania (0.4M units)
- Chile (0.4M units)
- South Korea (0.4M units)
Binocular Imports in China
In 2022, supplies from abroad of binoculars was finally on the rise to reach 14K units after two years of decline. Overall, imports, however, faced a deep setback. Over the period under review, imports attained the maximum at 26K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, binocular imports surged to $4.2M in 2022. In general, imports, however, showed a pronounced downturn. Over the period under review, imports hit record highs at $4.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Binocular in China (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2,208 | 703 | 818 | 1,112 | -20.4% |
Austria | 492 | 215 | 460 | 895 | 22.1% |
Japan | 1,448 | 809 | 527 | 788 | -18.4% |
Portugal | 50.3 | 26.2 | 155 | 168 | 49.5% |
Philippines | 29.7 | 38.7 | 41.9 | 136 | 66.1% |
Myanmar | 16.9 | 0.5 | 5.6 | 18.5 | 3.1% |
United Kingdom | 57.5 | 39.2 | 4.8 | 2.0 | -67.4% |
Belarus | 94.2 | 37.7 | N/A | 0.8 | -79.6% |
Others | 132 | 118 | 762 | 1,061 | 100.3% |
Total | 4,528 | 1,986 | 2,775 | 4,182 | -2.6% |
Top Suppliers of Binocular to China in 2022:
- Belarus (undefinedK units)
- United Kingdom (undefinedK units)
- Japan (4.2K units)
- Germany (3.6K units)
- Philippines (2.2K units)
- Austria (1.0K units)
- Myanmar (0.6K units)
- Portugal (0.2K units)
This report provides an in-depth analysis of the binocular market in 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 26702230 - Binoculars (including night vision binoculars)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in 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
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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
This report provides an in-depth analysis of the binocular market in China.
This report provides an in-depth analysis of the optical telescope market in China.
This report provides an in-depth analysis of the global binocular market.
This report provides an in-depth analysis of the global optical telescope market.
This report provides an in-depth analysis of the binocular market in China.
This report provides an in-depth analysis of the optical telescope market in China.
This report provides an in-depth analysis of the global binocular market.
This report provides an in-depth analysis of the global optical telescope market.
In February 2023, the price of binoculars was $12.9 per unit (FOB, China), a 18% increase from the previous month.
In September 2022, the binocular price amounted to $13.5 per unit (FOB, China), with a decrease of -21.2% against the previous month.
The growth of Optical Telescope exports from 2022 to 2023 failed to regain momentum, with a decline in value terms to $274M in 2023.
In April 2023, the optical telescope price amounted to $47.0 per unit (FOB, China), surging by 12% against the previous month.
In February 2023, the price of binoculars was $12.9 per unit (FOB, China), a 18% increase from the previous month.
In September 2022, the binocular price amounted to $13.5 per unit (FOB, China), with a decrease of -21.2% against the previous month.
The growth of Optical Telescope exports from 2022 to 2023 failed to regain momentum, with a decline in value terms to $274M in 2023.
In April 2023, the optical telescope price amounted to $47.0 per unit (FOB, China), surging by 12% against the previous month.