China: Optical Radiation Instruments Market 2025

Optical Radiation Instruments Market Size in China

In 2022, the Chinese optical radiation instruments market decreased by -32.4% to $X, falling for the second consecutive year after four years of growth. Overall, consumption, however, saw a relatively flat trend pattern. Optical radiation instruments consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Optical Radiation Instruments Production in China

In value terms, optical radiation instruments production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by 16%. Over the period under review, production hit record highs at $X in 2019; afterwards, it flattened through to 2022.

Optical Radiation Instruments Exports

Exports from China

Optical radiation instruments exports from China soared to X units in 2022, growing by 103% against the previous year's figure. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 126% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, optical radiation instruments exports skyrocketed to $X in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

India (X units), the United States (X units) and Germany (X units) were the main destinations of optical radiation instruments exports from China, together comprising 14% of total exports. Indonesia, the Netherlands, Japan, Singapore, South Korea, Russia, the UK, Italy, Mexico and Denmark lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +91.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and India ($X) appeared to be the largest markets for optical radiation instruments exported from China worldwide, with a combined 31% share of total exports. Russia, South Korea, Denmark, the Netherlands, Indonesia, Japan, Singapore, the UK, Mexico and Italy lagged somewhat behind, together accounting for a further 30%.

Denmark, with a CAGR of +88.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average optical radiation instruments export price amounted to $X per unit, reducing by -39.3% against the previous year. Overall, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 16% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained 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 Russia ($X per unit), while the average price for exports to Japan ($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 Denmark (-1.9%), while the prices for the other major destinations experienced a decline.

Optical Radiation Instruments Imports

Imports into China

In 2022, approx. X units of instruments using optical radiations were imported into China; increasing by 2.2% compared with 2021 figures. In general, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.6% against 2020 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 24%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, optical radiation instruments imports rose modestly to $X in 2022. Over the period under review, imports posted strong growth. The growth pace was the most rapid in 2020 when imports increased by 27% against the previous year. As a result, imports attained the peak of $X; afterwards, it flattened through to 2022.

Imports by Country

Japan (X units), Singapore (X units) and Germany (X units) were the main suppliers of optical radiation instruments imports to China, with a combined 50% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +15.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest optical radiation instruments suppliers to China were the United States ($X), Singapore ($X) and Japan ($X), together comprising 67% of total imports.

Singapore, with a CAGR of +22.5%, 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 more modest paces of growth.

Import Prices by Country

The average optical radiation instruments import price stood at $X per unit in 2022, growing by 2.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The pace of growth was the most pronounced in 2021 when the average import price increased by 24% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+47.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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