Canada - Optical Telescopes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOptical Telescope Price in Canada - 2023
Contents:
- Optical Telescope Price in Canada (CIF) - 2022
- Optical Telescope Price in Canada (FOB) - 2022
- Optical Telescope Imports in Canada
- Optical Telescope Exports in Canada
Optical Telescope Price in Canada (CIF) - 2022
The average optical telescope import price stood at $177 per unit in 2022, which is down by -32.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 23% against the previous year. Over the period under review, average import prices attained the peak figure at $342 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 Japan ($37,064 per unit), while the price for China ($86 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+120.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Optical Telescope Price in Canada (FOB) - 2022
In 2022, the average optical telescope export price amounted to $1,042 per unit, reducing by -19.5% against the previous year. Over the period under review, the export price, however, recorded a significant increase. The growth pace was the most rapid in 2021 an increase of 1,180%. As a result, the export price reached the peak level of $1,294 per unit, and then dropped rapidly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($2,183 per unit), while the average price for exports to Antigua and Barbuda ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+199.4%), while the prices for the other major destinations experienced more modest paces of growth.
Optical Telescope Imports in Canada
In 2022, the amount of optical telescopes imported into Canada soared to 154K units, jumping by 45% compared with 2021 figures. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 153% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, optical telescope imports contracted modestly to $27M in 2022. Over the period under review, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 120%. As a result, imports reached the peak of $28M, and then dropped modestly in the following year.
Import of Optical Telescope in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.6 | 2.8 | 13.3 | 13.0 | 71.0% |
China | 7.1 | 8.1 | 11.4 | 11.5 | 17.4% |
Taiwan (Chinese) | N/A | 0.1 | 0.3 | 0.2 | 41.4% |
France | 5.6 | 0.1 | 0.1 | 0.1 | -73.9% |
United Kingdom | 0.1 | 0.1 | N/A | N/A | 0.0% |
Others | 2.0 | 1.5 | 2.6 | 2.4 | 6.3% |
Total | 17.4 | 12.7 | 27.8 | 27.3 | 16.2% |
Top Suppliers of Optical Telescope to Canada in 2022:
- China (134.4K units)
- United States (16.0K units)
- Taiwan (Chinese) (2.5K units)
- France (0.7K units)
- United Kingdom (0.1K units)
Optical Telescope Exports in Canada
In 2022, approx. 6.9K units of optical telescopes were exported from Canada; picking up by 107% on 2021. In general, exports, however, saw a precipitous descent. Over the period under review, the exports reached the maximum at 67K units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, optical telescope exports surged to $7.2M in 2022. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 84%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Optical Telescope in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 720 | 340 | 906 | 1,252 | 20.3% |
Chile | 0.2 | 250 | 0.4 | 701 | 1419.0% |
Netherlands | 38.6 | 21.3 | 12.8 | 487 | 132.8% |
Ukraine | 12.5 | 36.5 | 73.2 | 475 | 236.2% |
Algeria | 1,210 | 2,613 | 298 | 399 | -30.9% |
United Kingdom | 48.2 | 88.1 | 87.5 | 375 | 98.2% |
Turkey | 2.3 | 3.4 | 4.1 | 208 | 348.9% |
Indonesia | 6.6 | 688 | 126 | 136 | 174.2% |
Australia | 50.7 | 46.6 | 135 | 90.1 | 21.1% |
United Arab Emirates | 2.5 | 22.9 | 35.7 | 48.3 | 168.3% |
Norway | 14.3 | 13.3 | 2.0 | 10.4 | -10.1% |
Ghana | 0.4 | 0.6 | 0.6 | 0.8 | 26.0% |
Antigua and Barbuda | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 1,579 | 2,649 | 2,615 | 2,984 | 23.6% |
Total | 3,686 | 6,773 | 4,296 | 7,167 | 24.8% |
Top Export Markets for Optical Telescope from Canada in 2022:
- United States (1456.0 units)
- Ghana (869.0 units)
- Chile (815.0 units)
- Netherlands (567.0 units)
- Algeria (464.0 units)
- United Kingdom (436.0 units)
- Antigua and Barbuda (361.0 units)
- United Arab Emirates (263.0 units)
- Turkey (242.0 units)
- Ukraine (218.0 units)
- Indonesia (157.0 units)
- Australia (105.0 units)
- Norway (74.0 units)
This report provides an in-depth analysis of the optical telescope market in Canada. 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 26702250 - Instruments (excluding binoculars) such as optical telescopes
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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 optical telescope market in Canada.
This report provides an in-depth analysis of the binocular market in Canada.
This report provides an in-depth analysis of the global optical telescope market.
This report provides an in-depth analysis of the global binocular market.
This report provides an in-depth analysis of the optical telescope market in Canada.
This report provides an in-depth analysis of the binocular market in Canada.
This report provides an in-depth analysis of the global optical telescope market.
This report provides an in-depth analysis of the global binocular market.
During the review period, imports of Optical Telescopes reached a peak of 269K units in 2022, before decreasing significantly in the subsequent year. In terms of value, imports of Optical Telescopes declined sharply to $16M in 2023.
During the period from August 2023 to September 2023, there was a slight decrease in the growth of imports. Specifically, the value of imports for Optical Telescopes decreased significantly to $876K in September 2023.
During the review period, imports of Optical Telescopes reached a peak of 269K units in 2022, before decreasing significantly in the subsequent year. In terms of value, imports of Optical Telescopes declined sharply to $16M in 2023.
During the period from August 2023 to September 2023, there was a slight decrease in the growth of imports. Specifically, the value of imports for Optical Telescopes decreased significantly to $876K in September 2023.