Price for Microscopes, Compound Optical; Stereoscopic Microscopes in Singapore - 2022

Contents:

  1. Price for Microscopes, Compound Optical; Stereoscopic Microscopes in Singapore (FOB) - 2022
  2. Price for Microscopes, Compound Optical; Stereoscopic Microscopes in Singapore (CIF) - 2022
  3. Exports of Microscopes, Compound Optical; Stereoscopic Microscopes in Singapore
  4. Imports of Microscopes, Compound Optical; Stereoscopic Microscopes in Singapore

Price for Microscopes, Compound Optical; Stereoscopic Microscopes in Singapore (FOB) - 2022

The average export price for microscopes, compound optical; stereoscopic microscopeses stood at $4,147 per unit in 2022, approximately reflecting the previous year. In general, the export price saw a prominent expansion. The pace of growth appeared the most rapid in 2018 an increase of 163%. Over the period under review, the average export prices hit record highs at $4,798 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($12,832 per unit), while the average price for exports to the Philippines ($1,179 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Microscopes, Compound Optical; Stereoscopic Microscopes in Singapore (CIF) - 2022

In 2022, the average import price for microscopes, compound optical; stereoscopic microscopeses amounted to $1,918 per unit, with a decrease of -21.9% against the previous year. Overall, the import price, however, posted a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 192%. As a result, import price reached the peak level of $3,304 per unit. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($20,716 per unit), while the price for China ($452 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Microscopes, Compound Optical; Stereoscopic Microscopes in Singapore

In 2022, the amount of microscopes, compound optical; stereoscopic microscopeses exported from Singapore skyrocketed to 39K units, rising by 23% compared with the year before. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 125%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, microscopes, compound optical; stereoscopic microscopes exports soared to $162M in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 94%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Microscopes, Compound Optical; Stereoscopic Microscopes in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States26.220.443.736.812.0%
China1.02.013.718.9166.4%
Germany17.412.313.415.3-4.2%
Japan0.30.67.310.8230.2%
India9.45.26.89.2-0.7%
United KingdomN/A0.13.67.0736.7%
Indonesia2.41.81.33.816.6%
Hong Kong SAR0.30.51.43.8133.1%
South KoreaN/AN/A3.03.00.0%
Malaysia1.00.10.71.923.9%
Taiwan (Chinese)0.30.10.11.674.7%
Philippines0.20.20.31.595.7%
Others25.324.536.748.724.4%
Total83.867.813216224.6%

Top Export Markets for Microscopes, Compound Optical; Stereoscopic Microscopes from Singapore in 2022:

  1. Japan (8.0K units)
  2. United States (6.3K units)
  3. Germany (5.3K units)
  4. China (3.7K units)
  5. Indonesia (2.7K units)
  6. United Kingdom (2.1K units)
  7. South Korea (2.0K units)
  8. Philippines (1.2K units)
  9. Malaysia (0.8K units)
  10. Hong Kong SAR (0.8K units)
  11. Taiwan (Chinese) (0.7K units)
  12. India (0.7K units)

Imports of Microscopes, Compound Optical; Stereoscopic Microscopes in Singapore

In 2022, the amount of microscopes, compound optical; stereoscopic microscopeses imported into Singapore soared to 3.8K units, growing by 16% compared with the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 35%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, microscopes, compound optical; stereoscopic microscopes imports contracted to $7.3M in 2022. Over the period under review, imports, however, saw a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 12%. Over the period under review, imports attained the peak figure at $8.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Microscopes, Compound Optical; Stereoscopic Microscopes in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.94.13.93.5-10.6%
United States0.91.11.91.210.1%
China0.20.60.61.281.7%
Japan1.21.00.60.9-9.1%
Malaysia0.2N/A0.4N/A41.4%
PhilippinesN/AN/AN/AN/A0%
Czech Republic0.30.2N/AN/A-33.3%
AustraliaN/AN/A0.2N/A0%
Others0.30.20.50.410.1%
Total8.17.28.07.3-3.4%

Top Suppliers of Microscopes, Compound Optical; Stereoscopic Microscopes to Singapore in 2022:

  1. China (2656.0 units)
  2. United States (418.0 units)
  3. Japan (315.0 units)
  4. Germany (171.0 units)
  5. Philippines (86.0 units)
  6. Malaysia (3.0 units)
  7. Australia (1.0 units)

Source: IndexBox Market Intelligence Platform

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