Australia: Non-Medical X-Ray Market 2024

Non-Medical X-Ray Market Size in Australia

The Australian non-medical x-ray market skyrocketed to $X in 2021, growing by 28% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a noticeable expansion. Non-medical x-ray consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Non-Medical X-Ray Exports

Exports from Australia

Non-medical x-ray exports from Australia dropped dramatically to X tons in 2021, which is down by -15.5% on 2020. Over the period under review, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of 82% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, non-medical x-ray exports fell to $X in 2021. In general, exports saw a slight curtailment. The pace of growth was the most pronounced in 2016 when exports increased by 78% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for non-medical x-ray exports from Australia, with a 29% share of total exports. Moreover, non-medical x-ray exports to the United States exceeded the volume sent to the second major destination, New Zealand (X tons), threefold. Canada (X tons) ranked third in terms of total exports with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-9.3% per year) and Canada (+15.5% per year).

In value terms, the United States ($X) remains the key foreign market for non-medical x-rays exports from Australia, comprising 29% of total exports. The second position in the ranking was held by New Zealand ($X), with a 9.5% share of total exports. It was followed by Canada, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-0.9% per year) and Canada (+26.0% per year).

Export Prices by Country

The average non-medical x-ray export price stood at $X per ton in 2021, surging by 5.4% against the previous year. Over the period under review, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 101%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major external markets. In 2021, the highest price was recorded for prices to the Dominican Republic ($X per ton) and Indonesia ($X per ton), while the average price for exports to the United States ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Medical X-Ray Imports

Imports into Australia

In 2021, non-medical x-ray imports into Australia was estimated at X tons, rising by 13% against 2020. Overall, imports recorded a notable expansion. The growth pace was the most rapid in 2017 with an increase of 71% against the previous year. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, non-medical x-ray imports soared to $X in 2021. In general, imports showed a tangible expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 36% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X tons), Malaysia (X tons) and China (X tons) were the main suppliers of non-medical x-ray imports to Australia, together accounting for 67% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +27.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-medical x-ray suppliers to Australia were the United States ($X), Germany ($X) and China ($X), with a combined 59% share of total imports.

China, with a CAGR of +44.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average non-medical x-ray import price amounted to $X per ton, rising by 18% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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