Asia: Microscope Market 2024

Microscope Market Size in Asia

The Asian microscope market declined to $X.9B in 2022, shrinking by X% against the previous year. In general, consumption showed a perceptible slump. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X.2B. From 2018 to 2022, the growth of the market remained at a lower figure.

Microscope Production in Asia

In value terms, microscope production shrank to $X.2B in 2022 estimated in export price. Overall, production saw a perceptible reduction. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X.3B. From 2018 to 2022, production growth failed to regain momentum.

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Microscope Exports

Exports in Asia

In 2022, the amount of microscopes and diffraction apparatus exported in Asia surged to X units, rising by X% on the year before. Over the period under review, exports recorded a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, microscope exports declined modestly to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China was the key exporting country with an export of about X units, which resulted at X% of total exports. It was distantly followed by Japan (X units), achieving a X% share of total exports. The following exporters - Singapore (X units), South Korea (X units), India (X units) and Malaysia (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to microscope exports from China stood at X%. At the same time, Malaysia (X%) and South Korea (X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%), Japan (X%) and India (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) remains the largest microscope supplier in Asia, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by China, with a X% share.

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

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

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

Microscope Imports

Imports in Asia

In 2022, after two years of growth, there was significant decline in purchases abroad of microscopes and diffraction apparatus, when their volume decreased by X% to X units. Over the period under review, imports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then contracted in the following year.

In value terms, microscope imports rose significantly to $X in 2022. In general, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2022, South Korea (X units), India (X units) and China (X units) was the major importer of microscopes and diffraction apparatus in Asia, comprising X% of total import. Singapore (X units) ranks next in terms of the total imports with a X% share, followed by Malaysia (X%). Israel (X units), Japan (X units), the Philippines (X units), Taiwan (Chinese) (X units) and Thailand (X units) held a relatively small share of total imports.

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

In value terms, China ($X), South Korea ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Israel, Taiwan (Chinese), India, Singapore, Malaysia, Thailand and the Philippines lagged somewhat behind, together comprising a further X%.

Among the main importing countries, Taiwan (Chinese), with a CAGR of X%, recorded 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

In 2022, the import price in Asia amounted to $X per unit, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. Over the period under review, import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 China ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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