Eastern Asia: Medical Ultraviolet Market 2024

Medical Ultraviolet Market Size in Eastern Asia

The East Asian medical ultraviolet market reached $X in 2022, picking up by X% against the previous year. In general, consumption, however, continues to indicate a pronounced slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Medical Ultraviolet Production in Eastern Asia

In value terms, medical ultraviolet production expanded to $X in 2022 estimated in export price. In general, production, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2020 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Medical Ultraviolet Exports

Exports in Eastern Asia

In 2022, shipments abroad of medical ultraviolet or infrared apparatus decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a pronounced shrinkage. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, medical ultraviolet exports dropped to $X in 2022. In general, exports saw a mild setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China prevails in exports structure, accounting for X tons, which was approx. X% of total exports in 2022. The following exporters - Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons) - each reached a X% share of total exports.

China was also the fastest-growing in terms of the medical ultraviolet or infrared apparatus exports, with a CAGR of X% from 2012 to 2022. Taiwan (Chinese) (X%) and Hong Kong SAR (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 Taiwan (Chinese) (X p.p.) and Hong Kong SAR (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest medical ultraviolet supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price recorded a slight increase. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

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 Hong Kong SAR ($X per ton), while China ($X per ton) was amongst the lowest.

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

Medical Ultraviolet Imports

Imports in Eastern Asia

In 2022, medical ultraviolet imports in Eastern Asia dropped remarkably to X tons, with a decrease of X% on the previous year. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, medical ultraviolet imports declined to $X in 2022. Over the period under review, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), South Korea (X tons) and Japan (X tons) represented roughly X% of total imports in 2022. Taiwan (Chinese) (X tons) ranks next in terms of the total imports with a X% share, followed by Hong Kong SAR (X%).

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Japan ($X), China ($X) and South Korea ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Among the main importing countries, South Korea, 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 a decline in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, surging by X% against the previous year. Overall, the import price recorded buoyant growth. As a result, import price reached 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 Japan ($X per ton), while South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform