Asia-Pacific: X-Ray Generator Market 2025

X-Ray Generator Market Size in Asia-Pacific

After two years of growth, the Asia-Pacific x-ray generator market decreased by -2.4% to $X in 2021. The market value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020, and then dropped slightly in the following year.

X-Ray Generator Production in Asia-Pacific

In value terms, x-ray generator production fell to $X in 2021 estimated in export price. The total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +1.8% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by 35% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

X-Ray Generator Exports

Exports in Asia-Pacific

In 2021, exports of x-ray generators in Asia-Pacific soared to X tons, increasing by 18% compared with the previous year's figure. The total export volume increased at an average annual rate of +4.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, x-ray generator exports amounted to $X in 2021. The total export value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by 17%. The level of export peaked in 2021 and is likely to continue growth in years to come.

Exports by Country

China dominates exports structure, reaching X tons, which was approx. 73% of total exports in 2021. Japan (X tons) ranks second in terms of the total exports with a 6.2% share, followed by India (5.9%), South Korea (5.5%) and Malaysia (4.9%). Singapore (X tons) took a relatively small share of total exports.

Exports from China increased at an average annual rate of +5.0% from 2012 to 2021. At the same time, Malaysia (+16.1%), India (+9.7%) and South Korea (+9.2%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +16.1% from 2012-2021. Japan experienced a relatively flat trend pattern. By contrast, Singapore (-2.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Malaysia, China, India and South Korea increased by +3, +2.7, +2 and +1.8 percentage points, respectively.

In value terms, China ($X), Japan ($X) and South Korea ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 78% of total exports.

South Korea, with a CAGR of +13.8%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, falling by -4.2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the export price increased by 7.5% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+7.2%), while the other leaders experienced more modest paces of growth.

X-Ray Generator Imports

Imports in Asia-Pacific

In 2021, approx. X tons of x-ray generators were imported in Asia-Pacific; picking up by 11% against the previous year's figure. The total import volume increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when imports increased by 13%. The volume of import peaked in 2021 and is likely to see steady growth in the near future.

In value terms, x-ray generator imports soared to $X in 2021. The total import value increased at an average annual rate of +4.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Japan (X tons) was the major importer of x-ray generators, making up 44% of total imports. China (X tons) took a 25% share (based on physical terms) of total imports, which put it in second place, followed by India (11%) and South Korea (5.4%). The following importers - Singapore (X tons), Malaysia (X tons), Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons) - together made up 11% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Taiwan (Chinese) (with a CAGR of +15.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and India ($X) were the countries with the highest levels of imports in 2021, with a combined 69% share of total imports. These countries were followed by Singapore, South Korea, Taiwan (Chinese), Malaysia and Hong Kong SAR, which together accounted for a further 23%.

Among the main importing countries, Taiwan (Chinese), with a CAGR of +20.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2021, picking up by 8.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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