ASEAN: X-Ray Apparatus Market 2025

X-Ray Apparatus Market Size in ASEAN

The ASEAN x-ray apparatus market dropped to $X in 2022, shrinking by -3.5% against the previous year. Overall, consumption recorded strong growth. The level of consumption peaked at $X in 2021, and then declined modestly in the following year.

X-Ray Apparatus Production in ASEAN

In value terms, x-ray apparatus production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 114% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

X-Ray Apparatus Exports

Exports in ASEAN

In 2022, the amount of x-ray apparatus exported in ASEAN rose rapidly to X units, surging by 9.1% against 2021. Overall, exports, however, continue to indicate a slight downturn. The pace of growth appeared the most rapid in 2014 with an increase of 434% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, x-ray apparatus exports fell to $X in 2022. Total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +3.6% against 2020 indices. The pace of growth appeared the most rapid in 2016 when exports increased by 39%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore was the major exporter of x-ray apparatus in ASEAN, with the volume of exports reaching X units, which was near 42% of total exports in 2022. It was distantly followed by Malaysia (X units), Thailand (X units), the Philippines (X units) and Vietnam (X units), together comprising a 54% share of total exports. Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +24.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Singapore ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2022, with a combined 97% share of total exports. Vietnam, Indonesia and the Philippines lagged somewhat behind, together comprising a further 2.8%.

Among the main exporting countries, Indonesia, with a CAGR of +15.1%, 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 ASEAN stood at $X per unit in 2022, declining by -17% against the previous year. Over the period under review, the export price, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2016 when the export price increased by 167%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while the Philippines ($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 (+15.1%), while the other leaders experienced mixed trends in the export price figures.

X-Ray Apparatus Imports

Imports in ASEAN

In 2022, purchases abroad of x-ray apparatus increased by 31% to X units, rising for the seventh year in a row after three years of decline. Overall, imports showed a buoyant increase. The pace of growth was the most pronounced in 2016 when imports increased by 32% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, x-ray apparatus imports stood at $X in 2022. Total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.8% against 2020 indices. The pace of growth was the most pronounced in 2016 when imports increased by 31%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

The Philippines (X units) and Thailand (X units) were the key importers of x-ray apparatus in 2022, amounting to near 41% and 28% of total imports, respectively. Vietnam (X units) held a 7.9% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (6.2%), Indonesia (5.4%), Myanmar (5%) and Malaysia (5%).

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +46.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constitutes the largest market for imported x-ray apparatus in ASEAN, comprising 39% of total imports. The second position in the ranking was held by Indonesia ($X), with a 17% share of total imports. It was followed by Vietnam, with a 14% share.

In Thailand, x-ray apparatus imports increased at an average annual rate of +1.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (+11.6% per year) and Vietnam (+8.7% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, falling by -22.4% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of 20% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained 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 Indonesia ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+1.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform