Asia-Pacific: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Asia-Pacific

In 2022, the Asia-Pacific spectrometers and spectrophotometers market decreased by X% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a deep downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Spectrometers And Spectrophotometers Production in Asia-Pacific

In value terms, spectrometers and spectrophotometers production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production saw a perceptible downturn. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Spectrometers And Spectrophotometers Exports

Exports in Asia-Pacific

In 2022, overseas shipments of spectrometers and spectrophotometers increased by X% 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 X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked in 2022 and is likely to see gradual growth in the near future.

In value terms, spectrometers and spectrophotometers exports totaled $X in 2022. Total exports indicated strong growth 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2015 when exports increased by X%. The level of export peaked at $X in 2018; afterwards, it flattened through to 2022.

Exports by Country

China represented the key exporter of spectrometers and spectrophotometers in Asia-Pacific, with the volume of exports finishing at X units, which was approx. X% of total exports in 2022. India (X units) held the second position in the ranking, followed by Singapore (X units) and Hong Kong SAR (X units). All these countries together held near X% share of total exports. Malaysia (X units) and Japan (X units) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of spectrometers and spectrophotometers. At the same time, India (X%), Hong Kong SAR (X%), Malaysia (X%) and Singapore (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Japan (X%) illustrated a downward trend over the same period. India (X p.p.) and Hong Kong SAR (X p.p.) significantly strengthened its position in terms of the total exports, while Japan, Singapore and China 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, Singapore ($X) remains the largest spectrometers and spectrophotometers supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore stood at X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, waning by 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 2015 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while India ($X per unit) was amongst the lowest.

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

Spectrometers And Spectrophotometers Imports

Imports in Asia-Pacific

For the fifth year in a row, Asia-Pacific recorded growth in overseas purchases of spectrometers and spectrophotometers, which increased by X% to X units in 2022. Total imports indicated a temperate expansion from 2012 to 2022: its volume 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 2017 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, spectrometers and spectrophotometers imports expanded notably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Singapore (X units) and China (X units) represented roughly X% of total imports in 2022. It was distantly followed by India (X units) and Australia (X units), together comprising a X% share of total imports. South Korea (X units), Hong Kong SAR (X units), Indonesia (X units), Malaysia (X units), Japan (X units) and the Philippines (X units) took a little share of total imports.

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

In value terms, China ($X) constitutes the largest market for imported spectrometers and spectrophotometers in Asia-Pacific, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, surging by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per unit), while Singapore ($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 other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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