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Canada - Microscopes and Diffraction Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Canada: Microscope Market 2024

Microscope Market Size in Canada

The Canadian microscope market fell notably to $X in 2021, waning by -23.3% 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). Over the period under review, consumption recorded a abrupt shrinkage. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Microscope Exports

Exports from Canada

In 2021, overseas shipments of microscopes and diffraction apparatus increased by 120% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports posted resilient growth. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, microscope exports skyrocketed to $X in 2021. Overall, exports recorded resilient growth. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for microscope exports from Canada, accounting for a 81% share of total exports. Moreover, microscope exports to the United States exceeded the volume sent to the second major destination, Argentina (X units), ninefold.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +12.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (0.0% per year) and Australia (+51.1% per year).

In value terms, the United States ($X) remains the key foreign market for microscopes and diffraction apparatus exports from Canada, comprising 81% of total exports. The second position in the ranking was taken by Argentina ($X), with an 8.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (0.0% per year) and Australia (+56.7% per year).

Export Prices by Country

In 2021, the average microscope export price amounted to $X per unit, dropping by -1.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was Australia ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.8%).

Microscope Imports

Imports into Canada

In 2021, the amount of microscopes and diffraction apparatus imported into Canada declined modestly to X units, with a decrease of -2.9% compared with the previous year's figure. Overall, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2016 when imports increased by 26% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, microscope imports declined to $X in 2021. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of 34%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X units), the Czech Republic (X units) and Germany (X units) were the main suppliers of microscope imports to Canada, together accounting for 76% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +2.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), the Czech Republic ($X) and Germany ($X) constituted the largest microscope suppliers to Canada, together comprising 76% of total imports.

The United States, with a CAGR of +1.1%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average microscope import price stood at $X per unit in 2021, falling by -9.3% against the previous year. Overall, the import price saw a mild decline. The growth pace was the most rapid in 2019 when the average import price increased by 21%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were the UK ($X per unit) and China ($X per unit), while the price for Germany ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for microscopes and diffraction apparatus in the world?

China constituted the country with the largest volume of microscope consumption, comprising approx. 41% of total volume. Moreover, microscope consumption in China exceeded the figures recorded by the second-largest consumer, South Korea, threefold. The United States ranked third in terms of total consumption with an 11% share.

What are the largest producers of microscopes and diffraction apparatus in the world?

The countries with the highest volumes of microscope production in 2020 were Japan, the Czech Republic and the Netherlands, with a combined 76% share of global production. The United States, the UK and Hong Kong SAR lagged somewhat behind, together comprising a further 21%.

What are the leading suppliers of microscopes and diffraction apparatus to Canada?

In value terms, the Czech Republic, the Netherlands and Japan appeared to be the largest microscope suppliers to Canada, with a combined 74% share of total imports.

What are the leading importers of microscopes and diffraction apparatus from Canada?

In value terms, the United States remains the key foreign market for microscope exports from Canada, comprising 77% of total exports. The second position in the ranking was occupied by Brazil, with a 16% share of total exports. It was followed by Mexico, with a 2.5% share.

What is the average export price for microscopes and diffraction apparatus in Canada?

The average microscope export price stood at $3,032 per unit in 2020, rising by 34% against the previous year.

What is the average import price for microscopes and diffraction apparatus in Canada?

The average microscope import price stood at $1,472 per unit in 2020, falling by -55.1% against the previous year.

This report provides an in-depth analysis of the microscope market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26516100 - Microscopes and diffraction apparatus (excluding optical microscopes)

Country coverage:

Canada

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Canada
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023