Malaysia: Ophthalmic Instruments Market 2024

Ophthalmic Instruments Market Size in Malaysia

The Malaysian ophthalmic instruments market expanded markedly to $X in 2022, picking up by X% against the previous year. Overall, consumption saw a notable increase. Ophthalmic instruments consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Ophthalmic Instruments Production in Malaysia

In value terms, ophthalmic instruments production totaled $X in 2022 estimated in export price. Over the period under review, production showed a noticeable increase. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Ophthalmic Instruments Exports

Exports from Malaysia

Ophthalmic instruments exports from Malaysia soared to X units in 2022, jumping by X% compared with the previous year's figure. Over the period under review, exports saw temperate growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, ophthalmic instruments exports contracted to $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), the United States (X units) and Germany (X units) were the main destinations of ophthalmic instruments exports from Malaysia, with a combined X% share of total exports. Australia, Singapore, Pakistan, Hong Kong SAR and Japan lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for ophthalmic instruments exported from Malaysia were Germany ($X), China ($X) and the United States ($X), with a combined X% share of total exports. Singapore, Hong Kong SAR, Japan, Australia and Pakistan lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Pakistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ophthalmic instruments export price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Australia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ophthalmic Instruments Imports

Imports into Malaysia

In 2022, the amount of ophthalmic instruments and appliances imported into Malaysia surged to X units, increasing by X% against the previous year's figure. Over the period under review, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ophthalmic instruments imports skyrocketed to $X in 2022. In general, imports saw a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Thailand (X units), the United States (X units) and Indonesia (X units) were the main suppliers of ophthalmic instruments imports to Malaysia, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ophthalmic instruments suppliers to Malaysia were the United States ($X), Thailand ($X) and Germany ($X), together accounting for X% of total imports. Japan, Singapore, Indonesia and China lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Indonesia, 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 average ophthalmic instruments import price stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price recorded a slight shrinkage. The growth pace was the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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