Objective Lens Market Overview in the Czech Republic
In value terms, objective lens production declined significantly to $ in 2019 estimated in export prices. In general, production continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2017 when the production volume increased by % against the previous year. Objective lens production peaked at $ in 2014; however, from 2015 to 2019, production failed to regain the momentum.
The value of the objective lens market in the Czech Republic was estimated at $ in 2019, with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2014 when the market value increased by % y-o-y. Over the period under review, the market attained the maximum level at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.