ASEAN: Microscope Market 2024

Microscope Market Size in ASEAN

The ASEAN microscope market reached $X.5B in 2022, approximately mirroring the previous year. Over the period under review, consumption, however, recorded a slight contraction. As a result, consumption attained the peak level of $X.5B. From 2017 to 2022, the growth of the market remained at a lower figure.

Microscope Production in ASEAN

In value terms, microscope production reached $X.1B in 2022 estimated in export price. Over the period under review, production, however, recorded a mild decline. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X.9B. From 2017 to 2022, production growth remained at a somewhat lower figure.

Microscope Exports

Exports in ASEAN

In 2022, shipments abroad of microscopes and diffraction apparatus increased by X% to X units, rising for the third year in a row after two years of decline. Overall, exports saw a perceptible expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, microscope exports totaled $X in 2022. Total exports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore represented the largest exporter of microscopes and diffraction apparatus in ASEAN, with the volume of exports reaching X units, which was near X% of total exports in 2022. It was distantly followed by Malaysia (X units), creating a X% share of total exports. Thailand (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Malaysia ($X) emerged as the largest microscope supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Malaysia totaled X%. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price posted slight growth. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced a decline in the export price figures.

Microscope Imports

Imports in ASEAN

Microscope imports contracted remarkably to X units in 2022, which is down by X% against the previous year. Over the period under review, imports continue to indicate a slight reduction. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then declined significantly in the following year.

In value terms, microscope imports soared to $X in 2022. Total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Singapore represented the major importing country with an import of around X units, which finished at X% of total imports. Malaysia (X units) took the second position in the ranking, followed by the Philippines (X units), Thailand (X units) and Indonesia (X units). All these countries together held near X% share of total imports. Vietnam (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Singapore ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

In terms of the main importing countries, Indonesia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, picking up by X% against the previous year. Import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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