Asia-Pacific: Microscope Market 2025

Microscope Market Size in Asia-Pacific

In 2021, the Asia-Pacific microscope market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Microscope Production in Asia-Pacific

In value terms, microscope production contracted modestly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 3.1%. Over the period under review, production attained the maximum level at $X in 2012; afterwards, it flattened through to 2021.

Microscope Exports

Exports in Asia-Pacific

In 2021, overseas shipments of microscopes and diffraction apparatus increased by 14% to X units, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when exports increased by 40%. The volume of export peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, microscope exports reached $X in 2021. In general, exports, however, saw a slight contraction. The growth pace was the most rapid in 2017 when exports increased by 48% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Japan (X units) was the major exporter of microscopes and diffraction apparatus, generating 62% of total exports. China (X units) ranks second in terms of the total exports with a 24% share, followed by South Korea (6.5%). India (X units) held a little share of total exports.

Exports from Japan decreased at an average annual rate of -1.3% from 2012 to 2021. At the same time, India (+29.8%), China (+17.8%) and South Korea (+7.9%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +29.8% from 2012-2021. From 2012 to 2021, the share of China, India and South Korea increased by +17, +3.3 and +2.4 percentage points, respectively.

In value terms, Japan ($X) remains the largest microscope supplier in Asia-Pacific, comprising 76% of total exports. The second position in the ranking was held by South Korea ($X), with an 11% share of total exports. It was followed by China, with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Japan amounted to -2.8%. In the other countries, the average annual rates were as follows: South Korea (+11.9% per year) and China (+17.4% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2021, reducing by -10.3% against the previous year. In general, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2020 when the export price increased by 20% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+3.7%), while the other leaders experienced a decline in the export price figures.

Microscope Imports

Imports in Asia-Pacific

In 2021, purchases abroad of microscopes and diffraction apparatus increased by 72% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports saw prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 82%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, microscope imports reached $X in 2021. In general, imports saw a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 47% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

South Korea was the largest importer of microscopes and diffraction apparatus in Asia-Pacific, with the volume of imports reaching X units, which was approx. 46% of total imports in 2021. India (X units) ranks second in terms of the total imports with a 30% share, followed by Japan (5.9%) and Taiwan (Chinese) (4.6%). Australia (X units), Singapore (X units) and Malaysia (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +53.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X) constitutes the largest market for imported microscopes and diffraction apparatus in Asia-Pacific, comprising 32% of total imports. The second position in the ranking was taken by Japan ($X), with a 4.3% share of total imports. It was followed by Taiwan (Chinese), with a 3.6% share.

From 2012 to 2021, the average annual growth rate of value in South Korea totaled +4.1%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+3.3% per year) and Taiwan (Chinese) (+22.8% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per unit, reducing by -34.2% against the previous year. Overall, the import price, however, enjoyed a slight increase. The growth pace was the most rapid in 2016 when the import price increased by 55%. Over the period under review, import prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Taiwan (Chinese) ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+9.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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