Eastern Asia: Microscope Market 2024

Microscope Market Size in Eastern Asia

The East Asian microscope market declined modestly to $X.2B in 2022, stabilizing at the previous year. Overall, consumption saw a pronounced setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of consumption peaked at $X.3B in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Microscope Production in Eastern Asia

In value terms, microscope production shrank modestly to $X.4B in 2022 estimated in export price. Overall, production recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X.9B in 2012; however, from 2013 to 2022, production failed to regain momentum.

Microscope Exports

Exports in Eastern Asia

In 2022, microscope exports in Eastern Asia surged to X units, with an increase of X% on 2021 figures. Over the period under review, exports showed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, microscope exports contracted to $X in 2022. In general, exports, however, continue to indicate a slight downturn. The growth pace was the most rapid 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

In 2022, China (X units) represented the key exporter of microscopes and diffraction apparatus, comprising X% of total exports. It was distantly followed by Japan (X units), creating a X% share of total exports. South Korea (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the microscopes and diffraction apparatus exports, with a CAGR of X% from 2012 to 2022. At the same time, South Korea (X%) displayed positive paces of growth. By contrast, Japan (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 Japan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

In 2022, the export price in Eastern Asia amounted to $X per unit, reducing by X% against the previous year. In general, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of export peaked 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 China (X%), while the other leaders experienced a decline in the export price figures.

Microscope Imports

Imports in Eastern Asia

For the third year in a row, Eastern Asia recorded growth in purchases abroad of microscopes and diffraction apparatus, which increased by X% to X units in 2022. Over the period under review, imports showed a strong increase. The pace of growth appeared the most rapid 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.

In value terms, microscope imports amounted to $X in 2022. In general, imports saw a buoyant increase. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

South Korea (X units) and China (X units) dominates imports structure, together mixing up X% of total imports. Japan (X units) ranks next in terms of the total imports with an X% share, followed by Taiwan (Chinese) (X%).

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 Eastern Asia were China ($X), South Korea ($X) and Japan ($X), together comprising X% of total imports. These countries were followed by Taiwan (Chinese), which accounted for a further X%.

Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 Eastern Asia stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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