South-Eastern Asia: Optical Telescope Market 2024

Optical Telescope Market Size in South-Eastern Asia

In 2022, the Southeast Asian optical telescope market increased by X% to $X, rising for the third year in a row after three years of decline. Overall, consumption, however, continues to indicate a noticeable descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Optical Telescope Production in South-Eastern Asia

In value terms, optical telescope production reached $X in 2022 estimated in export price. In general, production, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Optical Telescope Exports

Exports in South-Eastern Asia

In 2022, the amount of optical telescopes exported in South-Eastern Asia surged to X units, with an increase of X% compared with 2021. Over the period under review, exports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, optical telescope exports surged to $X in 2022. Total exports indicated a slight 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. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Myanmar (X units) was the largest exporter of optical telescopes, generating X% of total exports. Singapore (X units) ranks second in terms of the total exports with a X% share, followed by Indonesia (X%). Thailand (X units) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Thailand (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest optical telescope supplying countries in South-Eastern Asia were Singapore ($X), Thailand ($X) and Myanmar ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Myanmar, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the export price, however, showed a strong increase. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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

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

Optical Telescope Imports

Imports in South-Eastern Asia

For the third year in a row, South-Eastern Asia recorded growth in supplies from abroad of optical telescopes, which increased by X% to X units in 2022. In general, imports enjoyed a temperate expansion. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, optical telescope imports declined to $X in 2022. Over the period under review, imports posted a strong increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Indonesia represented the key importing country with an import of around X units, which recorded X% of total imports. Thailand (X units) ranks second in terms of the total imports with a X% share, followed by the Philippines (X%). Singapore (X units) held a minor share of total imports.

Imports into Indonesia increased at an average annual rate of X% from 2012 to 2022. At the same time, the Philippines (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) and Thailand (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Indonesia and the Philippines increased by X and X percentage points, respectively.

In value terms, Indonesia ($X) constitutes the largest market for imported optical telescopes in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with a X% share of total imports. It was followed by Thailand, with an X% share.

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

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price, however, posted a tangible expansion. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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