Vietnam: Microscope Market 2024

Microscope Market Size in Vietnam

The Vietnamese microscope market soared to $X in 2022, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Microscope Exports

Exports from Vietnam

In 2022, approx. X units of microscopes and diffraction apparatus were exported from Vietnam; declining by X% against the previous year. Overall, exports faced a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, microscope exports reduced remarkably to $X in 2022. In general, exports faced a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units), the Philippines (X units) and Japan (X units) were the main destinations of microscope exports from Vietnam, together accounting for X% of total exports. Moreover, microscope exports in Singapore exceeded the figures recorded by the second-largest exporter, the Philippines, twofold.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for microscope exported from Vietnam were Singapore ($X), South Korea ($X) and the Philippines ($X), with a combined X% share of total exports.

Singapore, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average microscope export price stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price saw a noticeable slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Japan ($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 Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Microscope Imports

Imports into Vietnam

In 2022, imports of microscopes and diffraction apparatus into Vietnam soared to X units, growing by X% on the previous year. Overall, imports posted a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, microscope imports surged to $X in 2022. In general, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, the Czech Republic (X units) constituted the largest microscope supplier to Vietnam, accounting for a X% share of total imports. Moreover, microscope imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. The third position in this ranking was taken by Germany (X units), with a X% share.

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

In value terms, the Czech Republic ($X) constituted the largest supplier of microscopes and diffraction apparatus to Vietnam, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Germany (X% per year).

Import Prices by Country

The average microscope import price stood at $X per unit in 2022, approximately reflecting the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($X per unit) and Germany ($X per unit), while the price for the United States ($X per unit) and China ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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