CIS: Optical Telescope Market 2024

Optical Telescope Market Size in CIS

The CIS optical telescope market surged to $X in 2023, rising by X% against the previous year. In general, consumption enjoyed a strong increase. Over the period under review, the market attained the maximum level in 2023 and is likely to continue growth in years to come.

Optical Telescope Production in CIS

In value terms, optical telescope production amounted to $X in 2023 estimated in export price. Overall, production recorded a moderate increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2023, production growth remained at a lower figure.

Optical Telescope Exports

Exports in CIS

In 2023, overseas shipments of optical telescopes were finally on the rise to reach X units after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, optical telescope exports soared to $X in 2023. In general, exports, however, showed a abrupt shrinkage. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

Exports by Country

Belarus was the largest exporter of optical telescopes in the CIS, with the volume of exports reaching X units, which was near X% of total exports in 2023. It was distantly followed by Russia (X units) and Kazakhstan (X units), together making up a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to optical telescope exports from Belarus stood at X%. At the same time, Kazakhstan (X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2023. By contrast, Russia (X%) illustrated a downward trend over the same period. Belarus (X p.p.) and Kazakhstan (X p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Belarus ($X), Russia ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of exports in 2023, together accounting for X% of total exports.

Kazakhstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2022 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then shrank significantly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Russia ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced mixed trends in the export price figures.

Optical Telescope Imports

Imports in CIS

In 2023, approx. X units of optical telescopes were imported in the CIS; jumping by X% on the previous year. In general, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, optical telescope imports surged to $X in 2023. Over the period under review, imports continue to indicate a notable increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Azerbaijan was the major importing country with an import of about X units, which amounted to X% of total imports. Russia (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Moldova (X%). Uzbekistan (X units) took a relatively small share of total imports.

Imports into Azerbaijan increased at an average annual rate of X% from 2012 to 2023. At the same time, Uzbekistan (X%), Moldova (X%) and Russia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. Azerbaijan (X p.p.), Moldova (X p.p.) and Uzbekistan (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Russia ($X) constitutes the largest market for imported optical telescopes in the CIS, comprising X% of total imports. The second position in the ranking was taken by Moldova ($X), with an X% share of total imports. It was followed by Azerbaijan, with a X% share.

In Russia, optical telescope imports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Moldova (X% per year) and Azerbaijan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2023, declining by X% against the previous year. In general, the import price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2018 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform