New Zealand: Microscope Market 2024

Microscope Market Size in New Zealand

In 2021, after three years of growth, there was significant decline in the New Zealand microscope market, when its value decreased by -13.2% to $X. Overall, consumption recorded a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Microscope Exports

Exports from New Zealand

In 2021, overseas shipments of microscopes and diffraction apparatus decreased by -61.3% to X units, falling for the second consecutive year after four years of growth. Overall, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of 150%. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, microscope exports shrank remarkably to $X in 2021. Over the period under review, exports recorded a abrupt descent. The growth pace was the most rapid in 2019 when exports increased by 119%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for microscope exports from New Zealand, accounting for a 58% share of total exports. Moreover, microscope exports to the UK exceeded the volume sent to the second major destination, Japan (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume to the UK stood at +1.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+10.4% per year) and China (-20.6% per year).

In value terms, China ($X), Japan ($X) and Australia ($X) constituted the largest markets for microscope exported from New Zealand worldwide, with a combined 84% share of total exports.

In terms of the main countries of destination, Japan, with a CAGR of +11.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average microscope export price stood at $X per unit in 2021, waning by -30.9% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 633%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to the UK ($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 (+2.2%), while the prices for the other major destinations experienced a decline.

Microscope Imports

Imports into New Zealand

In 2021, after three years of growth, there was significant decline in supplies from abroad of microscopes and diffraction apparatus, when their volume decreased by -15.8% to X units. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 278% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, microscope imports reduced notably to $X in 2021. Over the period under review, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2015 with an increase of 268%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Czech Republic (X units) constituted the largest microscope supplier to New Zealand, with a 57% share of total imports. Moreover, microscope imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Singapore (X units), threefold. The third position in this ranking was held by Japan (X units), with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic amounted to -11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+59.3% per year) and Japan (+6.3% per year).

In value terms, the Czech Republic ($X), Singapore ($X) and Japan ($X) were the largest microscope suppliers to New Zealand, together accounting for 74% of total imports.

Singapore, with a CAGR of +65.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average microscope import price amounted to $X per unit, leveling off at the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, microscope import price increased by +38.1% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 40%. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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