Europe: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Europe

After two years of growth, the Europe spectrometers and spectrophotometers market decreased by X% to $X in 2022. Overall, consumption, however, enjoyed prominent growth. As a result, consumption reached the peak level of $X, and then reduced rapidly in the following year.

Spectrometers And Spectrophotometers Production in Europe

In value terms, spectrometers and spectrophotometers production expanded to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Spectrometers And Spectrophotometers Exports

Exports in Europe

In 2022, after two years of growth, there was decline in overseas shipments of spectrometers and spectrophotometers, when their volume decreased by X% to X units. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, spectrometers and spectrophotometers exports declined modestly to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped modestly in the following year.

Exports by Country

Germany represented the key exporter of spectrometers and spectrophotometers in Europe, with the volume of exports reaching X units, which was near X% of total exports in 2022. France (X units) ranks second in terms of the total exports with a X% share, followed by Switzerland (X%), the UK (X%) and the Netherlands (X%). Belgium (X units), the Czech Republic (X units), Ireland (X units), Denmark (X units), Austria (X units) and Norway (X units) followed a long way behind the leaders.

Exports from Germany decreased at an average annual rate of X% from 2012 to 2022. At the same time, the Czech Republic (X%), Norway (X%), France (X%), Denmark (X%), Austria (X%), Belgium (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. By contrast, the UK (X%), Ireland (X%) and Switzerland (X%) illustrated a downward trend over the same period. France (X p.p.), the Czech Republic (X p.p.) and Norway (X p.p.) significantly strengthened its position in terms of the total exports, while Ireland, the UK, Germany and Switzerland saw its share reduced by X%, 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, Germany ($X) remains the largest spectrometers and spectrophotometers supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Germany was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: the UK (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while Switzerland ($X per unit) was amongst the lowest.

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

Spectrometers And Spectrophotometers Imports

Imports in Europe

In 2022, supplies from abroad of spectrometers and spectrophotometers decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a mild decline. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, spectrometers and spectrophotometers imports shrank to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, Germany (X units), followed by Switzerland (X units), Norway (X units), Italy (X units), the UK (X units), France (X units), Belgium (X units) and Spain (X units) were the major importers of spectrometers and spectrophotometers, together committing X% of total imports. Russia (X units), the Netherlands (X units), the Czech Republic (X units), Denmark (X units) and Poland (X units) followed a long way behind the leaders.

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

In value terms, Germany ($X) constitutes the largest market for imported spectrometers and spectrophotometers in Europe, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Germany was relatively modest. In the other countries, the average annual rates were as follows: the UK (X% per year) and France (X% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Norway ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform