The global export of binoculars is heavily dominated by China, holding an overwhelming 91.01% of the market share in units as of 2023. Notable players following are the United States, United Kingdom, and the Netherlands. Among smaller markets, Poland and Romania exhibit significant growth. Many European countries have minor shares with varying rates of increase or decrease, with notable growth in Greece and Montenegro.
Future trends to watch include:
- The potential for other countries to increase export capacity to diversify from China's dominance.
- Changes in geopolitical climates that could impact trade routes and market shares.
- Technological advancements that may alter production efficiency and export volumes.
Top countries in Export of Binoculars Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 91.01 | 2023 | -2.75% | -2.49% | View data |
| 2 | 2 United States | 3.46 | 2023 | +1.38% | +0.47% | View data |
| 3 | 3 United Kingdom | 2.86 | 2023 | +4.87% | +1.05% | View data |
| 4 | 4 Netherlands | 2.52 | 2023 | -2.12% | -1.81% | View data |
| 5 | 5 Philippines | 1.25 | 2023 | +2.89% | +2.51% | View data |
| 6 | 6 Poland | 0.85 | 2023 | +4.28% | +12.31% | View data |
| 7 | 7 Czech Republic | 0.38 | 2023 | +3.61% | +1.3% | View data |
| 8 | 8 Belarus | 0.32 | 2023 | +2.89% | +1.67% | View data |
| 9 | 9 Sweden | 0.31 | 2023 | +0.95% | +0.32% | View data |
| 10 | 10 Norway | 0.25 | 2023 | +6.06% | +1.47% | View data |
