Argentina: Non-Medical X-Ray Market 2024

Non-Medical X-Ray Market Size in Argentina

The Argentinian non-medical x-ray market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption continues to indicate a remarkable increase. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Non-Medical X-Ray Exports

Exports from Argentina

In 2021, exports of non-medical x-rays from Argentina reached X tons, with an increase of 3% on the year before. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 698% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, non-medical x-ray exports contracted dramatically to $X in 2021. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 258%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X kg) was the main destination for non-medical x-ray exports from Argentina, with a 42% share of total exports. Moreover, non-medical x-ray exports to Chile exceeded the volume sent to the second major destination, Italy (X kg), threefold. The third position in this ranking was held by Germany (X kg), with a 16% share.

From 2012 to 2021, the average annual growth rate of volume to Chile totaled +69.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+23.1% per year) and Germany (+32.8% per year).

In value terms, Germany ($X), Chile ($X) and the United States ($X) were the largest markets for non-medical x-ray exported from Argentina worldwide, together comprising 79% of total exports.

In terms of the main countries of destination, Chile, with a CAGR of +50.5%, 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 average non-medical x-ray export price stood at $X per ton in 2021, waning by -18.9% against the previous year. In general, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 51% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Medical X-Ray Imports

Imports into Argentina

In 2021, overseas purchases of non-medical x-rays were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 684%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, non-medical x-ray imports skyrocketed to $X in 2021. Over the period under review, imports saw a resilient expansion. The growth pace was the most rapid in 2013 when imports increased by 297%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest non-medical x-ray supplier to Argentina, accounting for a 50% share of total imports. Moreover, non-medical x-ray imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. The third position in this ranking was taken by Malaysia (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +69.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (0.0% per year) and Malaysia (+6.2% per year).

In value terms, China ($X) constituted the largest supplier of non-medical x-rays to Argentina, comprising 41% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.4% share of total imports. It was followed by Poland, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +70.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.2% per year) and Poland (0.0% per year).

Import Prices by Country

In 2021, the average non-medical x-ray import price amounted to $X per ton, falling by -7.9% against the previous year. In general, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 43% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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