Malaysia: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Malaysia

The Malaysian spectrometers and spectrophotometers market expanded remarkably to $X in 2022, growing by X% against the previous year. Over the period under review, consumption showed a abrupt curtailment. Spectrometers and spectrophotometers consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Spectrometers And Spectrophotometers Production in Malaysia

In value terms, spectrometers and spectrophotometers production totaled less than $X in 2022 estimated in export price. Over the period under review, production showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

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Spectrometers And Spectrophotometers Exports

Exports from Malaysia

In 2022, after three years of decline, there was significant growth in overseas shipments of spectrometers and spectrophotometers, when their volume increased by X% to X units. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, spectrometers and spectrophotometers exports soared to $X in 2022. Over the period under review, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units) was the main destination for spectrometers and spectrophotometers exports from Malaysia, with a X% share of total exports. Moreover, spectrometers and spectrophotometers exports to Singapore exceeded the volume sent to the second major destination, Germany (X units), fourfold. The United States (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the United States (X% per year).

In value terms, Singapore ($X) remains the key foreign market for spectrometers and spectrophotometers exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the United States (X% per year).

Export Prices by Country

The average spectrometers and spectrophotometers export price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the export price, however, recorded prominent growth. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure 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 for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Thailand ($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 Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spectrometers And Spectrophotometers Imports

Imports into Malaysia

In 2022, purchases abroad of spectrometers and spectrophotometers was finally on the rise to reach X units after two years of decline. Overall, imports, however, showed a slight curtailment. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, spectrometers and spectrophotometers imports surged to $X in 2022. In general, total imports indicated a strong increase from 2012 to 2022: its value 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 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of spectrometers and spectrophotometers to Malaysia, with a X% share of total imports. Moreover, spectrometers and spectrophotometers imports from the United States exceeded the figures recorded by the second-largest supplier, Singapore (X units), threefold. The third position in this ranking was held by the Czech Republic (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (X% per year) and the Czech Republic (X% per year).

In value terms, the United States ($X) constituted the largest supplier of spectrometers and spectrophotometers to Malaysia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2022, the average spectrometers and spectrophotometers import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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