In 2023, the import value of parts and accessories for non-optical microscopes to Singapore stood at 23.975 million USD. From 2024 onwards, the forecasted values show a steady increase: 23.987 million USD in 2024, 24.005 million USD in 2025, 24.023 million USD in 2026, 24.04 million USD in 2027, and 24.057 million USD in 2028.
The year-on-year variation indicates a very slight but consistent upward trend. This increment is approximately 0.075% annually over the last two years. The compound annual growth rate (CAGR) from 2024 to 2028 is minimal, reflecting a stable market with marginal growth.
Future trends to watch for:
- Technological advancements in microscopy which may influence the parts and accessories market.
- Potential geopolitical or trade policy changes impacting import dynamics.
- Increased research and industrial applications of microscopes driving demand.
- Innovations in microscopy leading to development of new accessory types.