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Puerto Rico - Mounted Lenses, Prisms and Mirrors - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Mounted Lens Market 2024
Mounted Lens Market Size in Puerto Rico
In 2021, the Puerto Rican mounted lens market increased by 24% to $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.
Mounted Lens Production in Puerto Rico
In value terms, mounted lens production surged to $X in 2021 estimated in export price. Over the period under review, production recorded a modest expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by 45% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.
Mounted Lens Exports
Exports from Puerto Rico
In 2021, the amount of mounted lenses, prisms and mirrors exported from Puerto Rico totaled less than X units, remaining stable against the previous year. Over the period under review, exports showed a relatively flat trend pattern.
In value terms, mounted lens exports stood at less than $X in 2021. Overall, exports saw a relatively flat trend pattern.
Exports by Country
In 2021, China (X units), distantly followed by the United States (X units), Japan (X units), Singapore (X units), Germany (X units) and France (X units) represented the largest exporters of mounted lenses, prisms and mirrors, together committing 72% of total exports. Hong Kong SAR (X units), Taiwan (Chinese) (X units), the Netherlands (X units), South Korea (X units), the UK (X units), Spain (X units) and Indonesia (X units) took a relatively small share of total exports.
From 2012 to 2021, the biggest increases were recorded for Indonesia (with a CAGR of +34.7%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, China ($X), Germany ($X) and Singapore ($X) were the countries with the highest levels of exports in 2021, with a combined 50% share of total exports. These countries were followed by Japan, the United States, Taiwan (Chinese), the Netherlands, South Korea, Hong Kong SAR, France, Indonesia, the UK and Spain, which together accounted for a further 40%.
Indonesia, with a CAGR of +64.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the export price in Puerto Rico amounted to less than $X per thousand units, almost unchanged from the previous year. Overall, the export price continues to indicate a relatively flat trend pattern.
There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per thousand units), while France ($X per thousand units) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+46.4%), while the other leaders experienced more modest paces of growth.
Mounted Lens Imports
Imports into Puerto Rico
In 2021, approx. less than X units of mounted lenses, prisms and mirrors were imported into Puerto Rico; approximately mirroring 2020 figures. Overall, imports saw a relatively flat trend pattern.
In value terms, mounted lens imports amounted to less than $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern.
Imports by Country
In 2021, South Korea (X units), distantly followed by the UK (X units), the United States (X units), China (X units), the Netherlands (X units) and Vietnam (X units) were the main importers of mounted lenses, prisms and mirrors, together making up 69% of total imports. The following importers - Hong Kong SAR (X units), Japan (X units), Germany (X units), Singapore (X units), Taiwan (Chinese) (X units) and Spain (X units) - together made up 14% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by South Korea (with a CAGR of +28.9%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($X), South Korea ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 53% share of total imports.
Among the main importing countries, Vietnam, with a CAGR of +25.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the import price in Puerto Rico amounted to less than $X per thousand units, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was China ($X per thousand units), while the UK ($X per thousand units) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+18.5%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the mounted lens market in Puerto Rico. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Puerto Rico
- 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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