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Report Update Nov 1, 2024

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

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Sri Lanka: Microscope Market 2024

Microscope Market Size in Sri Lanka

The Sri Lankan microscope market soared to $X in 2021, picking up by 37% 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). In general, consumption, however, recorded a deep downturn. Microscope consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Microscope Exports

Exports from Sri Lanka

In 2018, shipments abroad of microscopes and diffraction apparatus decreased by 0% to X units, falling for the second consecutive year after two years of decline. Over the period under review, exports faced a abrupt downturn. The smallest decline of -50% was in 2015. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2018, the exports stood at a somewhat lower figure.

In value terms, microscope exports surged to $X in 2018. In general, exports continue to indicate a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

From 2012 to 2021, the average annual rate of growth in terms of volume to No country was relatively modest.

In value terms, India ($X) remains the key foreign market for microscopes and diffraction apparatus exports from Sri Lanka, comprising 88% of total exports. The second position in the ranking was held by Maldives ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to India amounted to -31.1%.

Export Prices by Country

The average microscope export price stood at $X per unit in 2021, falling by -10.3% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2019 an increase of 77%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Maldives ($X per unit), while the average price for exports to India totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+52.6%), while the prices for the other major destinations experienced mixed trend patterns.

Microscope Imports

Imports into Sri Lanka

In 2021, the amount of microscopes and diffraction apparatus imported into Sri Lanka skyrocketed to X units, with an increase of 68% on 2020. Over the period under review, imports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2019 when imports increased by 1,584% against the previous year. Over the period under review, imports attained the peak figure at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, microscope imports stood at $X in 2021. In general, imports, however, continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of 3,405% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of microscope to Sri Lanka, with a 52% share of total imports. Moreover, microscope imports from China exceeded the figures recorded by the second-largest supplier, India (X units), twofold. The third position in this ranking was held by the Netherlands (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+3.8% per year) and the Netherlands (+49.4% per year).

In value terms, Japan ($X), the Netherlands ($X) and the UK ($X) constituted the largest microscope suppliers to Sri Lanka, with a combined 62% share of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +53.1%, recorded the highest growth rate of the value of imports, 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, which is down by -34% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 108% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of microscope consumption was China, comprising approx. 41% of total volume. Moreover, microscope consumption in China exceeded the figures recorded by the second-largest consumer, South Korea, threefold. The third position in this ranking was occupied by the United States, 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 accounting for a further 21%.

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

In value terms, Japan constituted the largest supplier of microscope to Sri Lanka, comprising 53% of total imports. The second position in the ranking was occupied by the UK, with a 26% share of total imports. It was followed by Taiwan Chinese), with an 11% share.

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

In value terms, India $668) emerged as the key foreign market for microscope exports from Sri Lanka, comprising 75% of total exports. The second position in the ranking was occupied by Maldives $228), with a 25% share of total exports.

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

In 2020, the average microscope export price amounted to $288 per unit, reducing by -87.4% against the previous year.

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

The average microscope import price stood at $357 per unit in 2020, declining by -8.1% against the previous year.

This report provides an in-depth analysis of the microscope market in Sri Lanka. 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:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
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