Southern Asia: Ophthalmic Instruments Market 2024

Ophthalmic Instruments Market Size in Southern Asia

The South Asian ophthalmic instruments market amounted to $X in 2022, picking up by X% against the previous year. Overall, consumption enjoyed prominent growth. Over the period under review, the market reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

Ophthalmic Instruments Production in Southern Asia

In value terms, ophthalmic instruments production expanded to $X in 2022 estimated in export price. Over the period under review, production saw a remarkable increase. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Ophthalmic Instruments Exports

Exports in Southern Asia

Ophthalmic instruments exports surged to X units in 2022, jumping by X% against 2021. Overall, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, ophthalmic instruments exports expanded notably to $X in 2022. In general, exports saw a resilient increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The shipments of the one major exporters of ophthalmic instruments and appliances, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the ophthalmic instruments and appliances exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest ophthalmic instruments supplier in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at X%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Ophthalmic Instruments Imports

Imports in Southern Asia

In 2022, the amount of ophthalmic instruments and appliances imported in Southern Asia soared to X units, with an increase of X% compared with the year before. Total imports indicated a temperate increase 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. The pace of growth was the most pronounced in 2021 when imports increased by X%. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, ophthalmic instruments imports surged to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

India prevails in imports structure, accounting for X units, which was near X% of total imports in 2022. The following importers - Bangladesh (X units), Pakistan (X units) and Nepal (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to ophthalmic instruments imports into India stood at X%. At the same time, Nepal (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. Pakistan and Bangladesh experienced a relatively flat trend pattern. While the share of India (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Bangladesh (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported ophthalmic instruments and appliances in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Pakistan ($X per unit) and India ($X per unit), while Nepal ($X per unit) and Bangladesh ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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