Price for Microscopes, Compound Optical; Stereoscopic Microscopes in the Philippines - 2023

Contents:

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

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

The average import price for microscopes, compound optical; stereoscopic microscopeses stood at $1,393 per unit in 2022, with an increase of 55% against the previous year. Over the period under review, the import price posted a measured expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 101% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,885 per unit), while the price for China ($292 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for microscopes, compound optical; stereoscopic microscopeses stood at $327 per unit in 2022, flattening at the previous year. Overall, the export price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 an increase of 1,562%. As a result, the export price attained the peak level of $798 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($460 per unit), while the average price for exports to Germany stood at $297 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+26.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Microscopes, Compound Optical; Stereoscopic Microscopes in the Philippines

Microscopes, compound optical; stereoscopic microscopes imports into the Philippines contracted rapidly to 1.9K units in 2022, which is down by -18.4% compared with the previous year's figure. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.2% 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 +45.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. As a result, imports reached the peak of 2.4K units, and then shrank dramatically in the following year.

In value terms, microscopes, compound optical; stereoscopic microscopes imports skyrocketed to $2.7M in 2022. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 64%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Import of Microscopes, Compound Optical; Stereoscopic Microscopes in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4056738531,61258.5%
Japan388226465295-8.7%
Singapore88.582.833222837.1%
South KoreaN/A1.8N/A217998.0%
China1371132801809.5%
Hong Kong SAR12.532.63.896.797.8%
India1.12.15.816.7147.6%
United Arab Emirates31.3N/AN/A0.2-81.4%
Czech Republic191N/AN/AN/A0%
Others26.517720366.736.0%
Total1,2811,3082,1412,71328.4%

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

  1. China (617.0 units)
  2. Germany (415.0 units)
  3. Japan (367.0 units)
  4. Hong Kong SAR (229.0 units)
  5. Singapore (89.0 units)
  6. South Korea (82.0 units)
  7. India (42.0 units)
  8. United Arab Emirates (7.0 units)

Exports of Microscopes, Compound Optical; Stereoscopic Microscopes in the Philippines

In 2022, after two years of decline, there was decline in shipments abroad of microscopes, compound optical; stereoscopic microscopeses, when their volume decreased by 0% to 1.4K units. Over the period under review, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, microscopes, compound optical; stereoscopic microscopes exports totaled $461K in 2022. In general, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Microscopes, Compound Optical; Stereoscopic Microscopes in the Philippines (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.4N/AN/A399349.3%
JapanN/AN/AN/A25.30%
Others18.0N/AN/A35.925.9%
Total22.4N/AN/A461174.0%

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

  1. Germany (1344.0 units)
  2. Japan (55.0 units)

Source: IndexBox Market Intelligence Platform

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