Japan: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Japan

The Japanese spectrometers and spectrophotometers market surged to $X in 2022, growing by X% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Spectrometers And Spectrophotometers Production in Japan

In value terms, spectrometers and spectrophotometers production reached $X in 2022 estimated in export price. Overall, production, however, saw a noticeable descent. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Spectrometers and spectrophotometers production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Spectrometers And Spectrophotometers Exports

Exports from Japan

In 2022, overseas shipments of spectrometers and spectrophotometers decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a perceptible decline. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X units in 2021, and then reduced sharply in the following year.

In value terms, spectrometers and spectrophotometers exports contracted to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

China (X units) was the main destination for spectrometers and spectrophotometers exports from Japan, accounting for a X% share of total exports. Moreover, spectrometers and spectrophotometers exports to China exceeded the volume sent to the second major destination, the United States (X units), twofold. The third position in this ranking was held by South Korea (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and South Korea (X% per year).

In value terms, China ($X) remains the key foreign market for spectrometers and spectrophotometers exports from Japan, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and South Korea (X% per year).

Export Prices by Country

The average spectrometers and spectrophotometers export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Taiwan (Chinese) ($X per unit) and the United States ($X per unit), while the average price for exports to Germany ($X per unit) and Singapore ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spectrometers And Spectrophotometers Imports

Imports into Japan

In 2022, imports of spectrometers and spectrophotometers into Japan declined to X units, which is down by X% on 2021 figures. Over the period under review, imports saw a perceptible decline. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, spectrometers and spectrophotometers imports fell to $X in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of spectrometers and spectrophotometers to Japan, with a X% share of total imports. Moreover, spectrometers and spectrophotometers imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was held by China (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of spectrometers and spectrophotometers to Japan, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2022, the average spectrometers and spectrophotometers import price amounted to $X per unit, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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