Australia: X-Ray Tube Market 2024

X-Ray Tube Market Size in Australia

In 2021, the Australian x-ray tube market decreased by -1.9% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption, however, recorded a strong increase. X-ray tube consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

X-Ray Tube Exports

Exports from Australia

In 2021, shipments abroad of x-ray tubes increased by 71% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, showed a abrupt decrease. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, x-ray tube exports surged to $X in 2021. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when exports increased by 70% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units), Singapore (X units) and Germany (X units) were the main destinations of x-ray tube exports from Australia, together accounting for 56% of total exports. Japan, the UK, Vietnam, South Korea, New Zealand, Turkey, Papua New Guinea, Russia, Malaysia and Indonesia lagged somewhat behind, together comprising a further 39%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +45.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Singapore ($X) and Germany ($X) appeared to be the largest markets for x-ray tube exported from Australia worldwide, together accounting for 57% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +40.4%, 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 x-ray tube export price stood at $X per unit in 2021, reducing by -2.8% against the previous year. Overall, the export price, however, showed a strong increase. The pace of growth appeared the most rapid in 2017 an increase of 95% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2020, and then contracted slightly in the following year.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Turkey ($X per unit) and Russia ($X per unit), while the average price for exports to the UK ($X per unit) and Indonesia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Tube Imports

Imports into Australia

In 2021, supplies from abroad of x-ray tubes decreased by -0.1% to X units, falling for the third consecutive year after two years of growth. Over the period under review, total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -31.2% against 2018 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, x-ray tube imports reached $X in 2021. In general, imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2017 when imports increased by 24% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X units), Germany (X units) and India (X units) were the main suppliers of x-ray tube imports to Australia, together accounting for 85% of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +9.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and India ($X) appeared to be the largest x-ray tube suppliers to Australia, with a combined 85% share of total imports.

India, with a CAGR of +24.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average x-ray tube import price stood at $X per unit in 2021, growing by 4.4% against the previous year. Over the period under review, the import price, however, recorded a perceptible reduction. The growth pace was the most rapid in 2017 when the average import price increased by 7.6% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were India ($X per unit) and the United States ($X per unit), while the price for France ($X per unit) and Japan ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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