EU: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in the EU

In 2022, after two years of growth, there was significant decline in the EU spectrometers and spectrophotometers market, when its value decreased by X% to $X. Overall, consumption, however, enjoyed strong growth. As a result, consumption reached the peak level of $X, and then declined rapidly in the following year.

Spectrometers And Spectrophotometers Production in the EU

In value terms, spectrometers and spectrophotometers production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Spectrometers And Spectrophotometers Exports

Exports in the EU

In 2022, after two years of growth, there was decline in overseas shipments of spectrometers and spectrophotometers, when their volume decreased by X% to X units. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then contracted modestly in the following year.

In value terms, spectrometers and spectrophotometers exports shrank to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank slightly in the following year.

Exports by Country

Germany represented the key exporter of spectrometers and spectrophotometers in the European Union, with the volume of exports finishing at X units, which was approx. X% of total exports in 2022. France (X units) ranks second in terms of the total exports with an X% share, followed by the Netherlands (X%) and Belgium (X%). The Czech Republic (X units), Ireland (X units), Denmark (X units), Austria (X units), Italy (X units), Sweden (X units) and Spain (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to spectrometers and spectrophotometers exports from Germany stood at X%. At the same time, the Czech Republic (X%), Spain (X%), France (X%), Denmark (X%), Austria (X%), Belgium (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Italy (X%), Ireland (X%) and Sweden (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of France and the Czech Republic increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest spectrometers and spectrophotometers supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by Denmark ($X), with an X% share of total exports. It was followed by Ireland, with an X% share.

In Germany, spectrometers and spectrophotometers exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Denmark (X% per year) and Ireland (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, with a decrease of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 Denmark ($X per unit), while Spain ($X per unit) was amongst the lowest.

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

Spectrometers And Spectrophotometers Imports

Imports in the EU

In 2022, overseas purchases of spectrometers and spectrophotometers decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, spectrometers and spectrophotometers imports dropped to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, Germany (X units), distantly followed by Italy (X units), France (X units), Belgium (X units), Spain (X units), the Netherlands (X units) and the Czech Republic (X units) were the largest importers of spectrometers and spectrophotometers, together making up X% of total imports. Denmark (X units), Poland (X units), Austria (X units), Hungary (X units), Sweden (X units) and Slovenia (X units) followed a long way behind the leaders.

Imports into Germany decreased at an average annual rate of X% from 2012 to 2022. At the same time, Slovenia (X%), Denmark (X%), Hungary (X%), Spain (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. Italy and Belgium experienced a relatively flat trend pattern. By contrast, Austria (X%), Poland (X%), France (X%), the Netherlands (X%) and Sweden (X%) illustrated a downward trend over the same period. Spain (X p.p.), Italy (X p.p.), Denmark (X p.p.), Belgium (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands, France and Germany saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported spectrometers and spectrophotometers in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

In Germany, spectrometers and spectrophotometers imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and Italy (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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