The import of compound optical microscopes to Cambodia has shown significant fluctuations over the past decade. In 2013, the import value stood at approximately $122.67K. This figure saw a substantial increase by 207.88% in 2014, reaching $377.68K, and continued to surge by 81.92% in 2015 to $687.05K. However, 2016 experienced a sharp decline of 47.16%, bringing the import value down to $363.03K. The subsequent years showed more moderate growth, with a consistent upward trend from 2017 onwards, averaging a YoY increase of around 4-5% from 2018 to 2023, with the value reaching $612.31K in 2023.
The compound annual growth rate (CAGR) over the last five years up to 2023 stood at 4.43%. Looking forward, the forecast indicates a slower but steady growth with a five-year CAGR of 2.56% leading up to 2028, culminating in a total value of $720.13K.
Future trends to watch for include potential advancements in microscope technology, increasing demand from educational and research institutions, and any governmental initiatives aimed at improving scientific capabilities within Cambodia, which could all impact future import values.
