South-Eastern Asia: Ophthalmic Instruments Market 2024

Ophthalmic Instruments Market Size in South-Eastern Asia

In 2022, the Southeast Asian ophthalmic instruments market was finally on the rise to reach $X after two years of decline. The total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; afterwards, it flattened through to 2022.

Ophthalmic Instruments Production in South-Eastern Asia

In value terms, ophthalmic instruments production amounted to $X in 2022 estimated in export price. The total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Ophthalmic Instruments Exports

Exports in South-Eastern Asia

In 2022, the amount of ophthalmic instruments and appliances exported in South-Eastern Asia surged to X units, growing by X% on the year before. Overall, exports posted a strong increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, ophthalmic instruments exports reached $X in 2022. Over the period under review, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Singapore represented the major exporter of ophthalmic instruments and appliances in South-Eastern Asia, with the volume of exports amounting to X units, which was approx. X% of total exports in 2022. Malaysia (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Indonesia (X%). Vietnam (X units) held a relatively small share of total exports.

Exports from Singapore increased at an average annual rate of X% from 2012 to 2022. At the same time, Indonesia (X%), Vietnam (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Singapore, Indonesia and Vietnam increased by X, X and X percentage points, respectively.

In value terms, Singapore ($X) remains the largest ophthalmic instruments supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In Singapore, ophthalmic instruments exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and Malaysia (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price, however, showed notable growth. The pace of growth appeared the most rapid in 2016 when the export price increased by X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

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

Ophthalmic Instruments Imports

Imports in South-Eastern Asia

Ophthalmic instruments imports surged to X units in 2022, rising by X% on 2021. Total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ophthalmic instruments imports surged to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Malaysia (X units) represented the largest importer of ophthalmic instruments and appliances, constituting X% of total imports. Singapore (X units) ranks second in terms of the total imports with a X% share, followed by Indonesia (X%), Thailand (X%) and Vietnam (X%). The Philippines (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to ophthalmic instruments imports into Malaysia stood at X%. At the same time, Indonesia (X%), Vietnam (X%), Singapore (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, the Philippines (X%) illustrated a downward trend over the same period. Indonesia (X p.p.) and Malaysia (X p.p.) significantly strengthened its position in terms of the total imports, while the Philippines, Thailand and Singapore saw its share reduced by 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, Singapore ($X), Malaysia ($X) and Thailand ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Indonesia, Vietnam and the Philippines lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the import price in South-Eastern Asia amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while Malaysia ($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 Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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