Asia-Pacific: Microscope Market 2024

Microscope Market Size in Asia-Pacific

The Asia-Pacific microscope market contracted slightly to $X in 2022, approximately mirroring the previous year. Overall, consumption saw a pronounced slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X.4B in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Microscope Production in Asia-Pacific

In value terms, microscope production reduced slightly to $X.8B in 2022 estimated in export price. Overall, production saw a noticeable slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The level of production peaked at $X.6B in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Microscope Exports

Exports in Asia-Pacific

Microscope exports skyrocketed to X units in 2022, increasing by X% against the previous year's figure. In general, exports continue to indicate a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, microscope exports contracted slightly to $X in 2022. Overall, exports, however, saw a mild decline. The growth pace was the most rapid in 2017 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China represented the largest exporter of microscopes and diffraction apparatus in Asia-Pacific, with the volume of exports recording X units, which was approx. X% of total exports in 2022. It was distantly followed by Japan (X units), creating 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.

Exports from China increased at an average annual rate of X% from 2012 to 2022. 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-Pacific, 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. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (X p.p.), India (X p.p.) and Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2022, the average annual growth rate of value in Japan totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (X% per year) and China (X% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price saw a abrupt decrease. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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-Pacific

In 2022, approx. X units of microscopes and diffraction apparatus were imported in Asia-Pacific; reducing by X% compared with 2021. Total imports indicated a moderate expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by X%. The volume of import peaked at X units in 2021, and then shrank in the following year.

In value terms, microscope imports reached $X in 2022. In general, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, South Korea (X units), India (X units), China (X units) and Australia (X units) was the largest importer of microscopes and diffraction apparatus in Asia-Pacific, creating X% of total import. It was distantly followed by Singapore (X units), comprising an X% share of total imports. The following importers - Malaysia (X units), Japan (X units), the Philippines (X units), Taiwan (Chinese) (X units) and Thailand (X units) - together made up X% 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, the largest microscope importing markets in Asia-Pacific were China ($X), South Korea ($X) and Japan ($X), together comprising X% of total imports. Taiwan (Chinese), India, Singapore, Malaysia, Australia, Thailand and the Philippines lagged somewhat behind, together comprising a further X%.

In terms of 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

The import price in Asia-Pacific stood at $X per unit in 2022, increasing by X% against the previous year. Import price indicated a tangible increase 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. Based on 2022 figures, microscope import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs 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 ($X per unit), while Australia ($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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