Australia - Instruments Using Optical Radiations - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOptical Radiation Instruments Price in Australia - 2023
Contents:
- Optical Radiation Instruments Price in Australia (CIF) - 2022
- Optical Radiation Instruments Price in Australia (FOB) - 2022
- Optical Radiation Instruments Imports in Australia
- Optical Radiation Instruments Exports in Australia
Optical Radiation Instruments Price in Australia (CIF) - 2022
The average optical radiation instruments import price stood at $433 per unit in 2022, stabilizing at the previous year. In general, the import price, however, showed a pronounced setback. The most prominent rate of growth was recorded in 2018 an increase of 21%. The import price peaked at $539 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($433 per unit) and the United States ($433 per unit), while the price for Singapore ($433 per unit) and France ($433 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Optical Radiation Instruments Price in Australia (FOB) - 2022
The average optical radiation instruments export price stood at $334 per unit in 2022, falling by -6.5% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 40%. Over the period under review, the average export prices hit record highs at $357 per unit in 2021, and then fell in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were South Korea ($336 per unit) and the United States ($336 per unit), while the average price for exports to Singapore ($336 per unit) and France ($336 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Optical Radiation Instruments Imports in Australia
In 2022, overseas purchases of instruments using optical radiations decreased by -3.5% to 312K units, falling for the second consecutive year after two years of growth. Overall, imports saw a mild downturn. The pace of growth was the most pronounced in 2020 when imports increased by 0.4%. As a result, imports attained the peak of 324K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, optical radiation instruments imports contracted slightly to $135M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 7.7% against the previous year. As a result, imports reached the peak of $138M, and then shrank slightly in the following year.
| Import of Optical Radiation Instruments in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 50.1 | 50.5 | 54.8 | 60.9 | 6.7% |
| Germany | 12.2 | 14.7 | 20.3 | 16.2 | 9.9% |
| Japan | 10.2 | 4.3 | 7.1 | 8.4 | -6.3% |
| Singapore | 11.8 | 7.4 | 8.8 | 8.3 | -11.1% |
| China | 4.1 | 6.8 | 7.6 | 7.0 | 19.5% |
| United Kingdom | 4.4 | 5.6 | 5.7 | 5.8 | 9.6% |
| Estonia | 2.4 | 4.8 | 3.7 | 5.7 | 33.4% |
| Sweden | 2.9 | 4.1 | 2.6 | 2.8 | -1.2% |
| Italy | 7.4 | 10.9 | 8.0 | 2.3 | -32.3% |
| Mexico | 0.4 | 2.3 | 2.1 | 2.0 | 71.0% |
| France | 4.6 | 3.7 | 2.3 | 1.2 | -36.1% |
| Others | 12.9 | 13.1 | 15.1 | 14.3 | 3.5% |
| Total | 123 | 128 | 138 | 135 | 3.2% |
Top Suppliers of Optical Radiation Instruments to Australia in 2022:
- United States (140.7K units)
- Germany (37.5K units)
- Japan (19.5K units)
- Singapore (19.1K units)
- China (16.1K units)
- United Kingdom (13.5K units)
- Estonia (13.3K units)
- Sweden (6.4K units)
- Italy (5.3K units)
- Mexico (4.7K units)
- France (2.7K units)
Optical Radiation Instruments Exports in Australia
After three years of growth, overseas shipments of instruments using optical radiations decreased by -8% to 55K units in 2022. The total export volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 36%. The exports peaked at 60K units in 2021, and then reduced in the following year.
In value terms, optical radiation instruments exports declined to $18M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 48%. Over the period under review, the exports attained the maximum at $21M in 2021, and then declined in the following year.
| Export of Optical Radiation Instruments in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.2 | 11.8 | 11.4 | 6.2 | 24.7% |
| New Zealand | 1.2 | 2.1 | 1.7 | 2.6 | 29.4% |
| France | 2.3 | 0.1 | 0.9 | 2.0 | -4.6% |
| Germany | 0.2 | 0.1 | 0.6 | 1.1 | 76.5% |
| South Korea | 0.8 | 0.6 | 0.9 | 0.7 | -4.4% |
| Ecuador | N/A | N/A | N/A | 0.7 | 0% |
| Italy | N/A | N/A | 0.8 | 0.6 | -25.0% |
| Ireland | 0.1 | N/A | N/A | 0.5 | 71.0% |
| Spain | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
| China | 0.8 | 0.7 | 0.3 | 0.4 | -20.6% |
| Canada | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Singapore | 0.2 | 0.6 | 0.5 | 0.3 | 14.5% |
| Others | 4.1 | 3.1 | 3.9 | 2.6 | -14.1% |
| Total | 13.0 | 19.2 | 21.3 | 18.3 | 12.1% |
Top Export Markets for Optical Radiation Instruments from Australia in 2022:
- United States (18.3K units)
- New Zealand (7.8K units)
- France (6.0K units)
- Germany (3.1K units)
- Ecuador (2.2K units)
- South Korea (2.0K units)
- Italy (1.8K units)
- Ireland (1.4K units)
- China (1.3K units)
- Spain (1.2K units)
- Canada (0.9K units)
- Singapore (0.9K units)
This report provides an in-depth analysis of the optical radiation instruments market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26515350 - Instruments and apparatus using optical radiations, n.e.c.
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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