In 2023, China leads global exports of parts and accessories for binoculars or telescopes, followed by the United States and Austria. Notably, France and Germany show minimal export value differences. Year-on-year growth is prominent in Denmark (74.12%) and Greece (78.63%), driven by robust market dynamics. The segment faces declines in Malaysia, Mexico, and Pakistan due to market constraints. The U.S. export displays a downturn, while India and Romania report significant growth. Notable CAGRs are seen in emerging markets, indicating potential for expansion.
Future trends to watch include technological advancements in optical components, trade policy shifts impacting exports, and increasing demand from developed regions. Emerging markets, particularly in Asia, may bolster growth through innovation and manufacturing enhancements. Additionally, sustainability and eco-friendly product preferences could influence future export dynamics.
Top countries in Export of Parts and Accessories for Binoculars or Telescopes by Country
# | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 27,400,000 | 2023 | +2.71% | +1.72% | View data |
2 | 2 United States | 21,926,000 | 2023 | -5.18% | -4.8% | View data |
3 | 3 Austria | 21,517,000 | 2023 | +3.28% | +3.88% | View data |
4 | 4 Germany | 13,760,000 | 2023 | -3.88% | -1.63% | View data |
5 | 5 France | 13,740,000 | 2023 | +3.21% | +1.54% | View data |
6 | 6 United Kingdom | 11,248,000 | 2023 | +2.13% | +1.97% | View data |
7 | 7 Italy | 11,229,000 | 2023 | +4.83% | +1.17% | View data |
8 | 8 India | 5,544,700 | 2023 | +4.76% | +5.93% | View data |
9 | 9 Romania | 5,315,000 | 2023 | +2.87% | +3.43% | View data |
10 | 10 Japan | 5,164,800 | 2023 | -6.52% | -9.15% | View data |