China - Ophthalmic Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOphthalmic Instruments Price in China - 2023
Contents:
- Ophthalmic Instruments Price in China (CIF) - 2023
- Ophthalmic Instruments Price in China (FOB) - 2023
- Ophthalmic Instruments Imports in China
- Ophthalmic Instruments Exports in China
Ophthalmic Instruments Price in China (CIF) - 2023
In June 2023, the average ophthalmic instruments import price amounted to $15.1 per unit, with an increase of 18% against the previous month. Overall, the import price, however, continues to indicate a noticeable downturn. The pace of growth appeared the most rapid in July 2022 an increase of 36% against the previous month. As a result, import price reached the peak level of $30.2 per unit. From August 2022 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($29.2 per unit), while the price for Vietnam ($3.6 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.7%), while the prices for the other major suppliers experienced a decline.
Ophthalmic Instruments Price in China (FOB) - 2023
The average ophthalmic instruments export price stood at $1.9 per unit in June 2023, surging by 4.9% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.1%. The pace of growth appeared the most rapid in February 2023 an increase of 77% month-to-month. As a result, the export price attained the peak level of $2.4 per unit. From March 2023 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the UK ($6.5 per unit), while the average price for exports to Vietnam ($309 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.
Ophthalmic Instruments Imports in China
In 2022, imports of ophthalmic instruments and appliances into China reduced slightly to 56M units, shrinking by -1.8% on 2021 figures. The total import volume increased at an average annual rate of +2.1% from 2019 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 31% against the previous year. As a result, imports reached the peak of 57M units, and then shrank modestly in the following year.
In value terms, ophthalmic instruments imports expanded sharply to $1.1B in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Ophthalmic Instruments in China (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 344 | 324 | 485 | 570 | 18.3% |
United States | 149 | 149 | 203 | 226 | 14.9% |
Japan | 79.2 | 55.2 | 82.1 | 66.7 | -5.6% |
Switzerland | 38.2 | 35.9 | 43.3 | 34.9 | -3.0% |
Singapore | 15.8 | 13.3 | 25.6 | 33.8 | 28.9% |
Mexico | 13.2 | 15.8 | 20.4 | 26.2 | 25.7% |
Vietnam | 3.1 | 3.9 | 6.3 | 6.1 | 25.3% |
Others | 93.8 | 97.2 | 122 | 108 | 4.8% |
Total | 736 | 694 | 988 | 1,072 | 13.4% |
Top Suppliers of Ophthalmic Instruments to China in 2022:
- United States (21.8M units)
- Germany (16.3M units)
- Japan (6.9M units)
- Singapore (2.2M units)
- Mexico (2.2M units)
- Vietnam (1.5M units)
- Switzerland (1.5M units)
Ophthalmic Instruments Exports in China
In 2022, exports of ophthalmic instruments and appliances from China amounted to 84M units, increasing by 9.1% against the year before. Over the period under review, total exports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, ophthalmic instruments exports soared to $142M in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Ophthalmic Instruments in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 16.5 | 13.0 | 23.5 | 28.5 | 20.0% |
United Kingdom | 16.1 | 8.1 | 15.5 | 16.9 | 1.6% |
France | 8.0 | 6.5 | 9.3 | 11.8 | 13.8% |
Japan | 7.2 | 5.2 | 8.2 | 9.5 | 9.7% |
India | 6.8 | 4.6 | 7.5 | 8.8 | 9.0% |
Brazil | 4.7 | 3.9 | 5.4 | 5.8 | 7.3% |
Russia | 1.9 | 1.7 | 1.6 | 3.5 | 22.6% |
Mexico | 3.2 | 2.0 | 3.6 | 3.4 | 2.0% |
Philippines | 1.4 | 0.5 | 0.8 | 2.2 | 16.3% |
Colombia | 0.7 | 0.7 | 1.4 | 1.7 | 34.4% |
Panama | 0.5 | 0.6 | 1.8 | 1.7 | 50.4% |
Vietnam | 1.6 | 0.9 | 1.0 | 1.5 | -2.1% |
United Arab Emirates | 0.2 | 0.3 | 0.8 | 0.9 | 65.1% |
Others | 42.2 | 27.9 | 42.3 | 45.3 | 2.4% |
Total | 111 | 75.9 | 123 | 142 | 8.6% |
Top Export Markets for Ophthalmic Instruments from China in 2022:
- United States (12.8M units)
- Japan (6.0M units)
- India (5.7M units)
- Mexico (4.5M units)
- France (4.0M units)
- Russia (3.9M units)
- Brazil (3.7M units)
- United Kingdom (3.5M units)
- Philippines (3.3M units)
- Panama (3.0M units)
- Colombia (2.7M units)
- Vietnam (2.4M units)
- United Arab Emirates (1.5M units)
This report provides an in-depth analysis of the ophthalmic instruments market in China. 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 32501320 - Ophthalmic instruments and appliances
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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