The global export market for parts and accessories for binoculars or telescopes has seen significant variation among countries. In 2023, China led the market with a slight increase of 1.72%, while the United States faced a decline of 4.8%. Austria showed a positive trend with a 3.88% increase, whereas Germany and Japan experienced declines of 1.63% and 9.15%, respectively. Notably, Greece and Malta experienced substantial growth, showing increases of 78.63% and 20.81%.
Looking forward, future trends to watch include continuous growth in emerging markets such as India and Eastern Europe, driven by increasing demand and technological advancements. Additionally, geopolitical shifts and trade agreements may impact these export dynamics, potentially shifting market shares among leading countries.
Top countries in Export of Parts and Accessories for Binoculars or Telescopes Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 16.63 | 2023 | +2.71% | +1.72% | View data |
| 2 | 2 United States | 13.31 | 2023 | -5.18% | -4.8% | View data |
| 3 | 3 Austria | 13.06 | 2023 | +3.28% | +3.88% | View data |
| 4 | 4 Germany | 8.35 | 2023 | -3.88% | -1.63% | View data |
| 5 | 5 France | 8.34 | 2023 | +3.21% | +1.54% | View data |
| 6 | 6 United Kingdom | 6.83 | 2023 | +2.13% | +1.97% | View data |
| 7 | 7 Italy | 6.81 | 2023 | +4.83% | +1.17% | View data |
| 8 | 8 India | 3.37 | 2023 | +4.76% | +5.93% | View data |
| 9 | 9 Romania | 3.23 | 2023 | +2.87% | +3.43% | View data |
| 10 | 10 Japan | 3.13 | 2023 | -6.52% | -9.15% | View data |
