Benelux: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in Benelux

After three years of growth, the Benelux x-ray examination preparations market decreased by -4.2% to $X in 2022. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

X-Ray Examination Preparations Production in Benelux

In value terms, x-ray examination preparations production dropped modestly to $X in 2022 estimated in export price. The total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 18% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

X-Ray Examination Preparations Exports

Exports in Benelux

After two years of growth, shipments abroad of opacifying preparations for x-ray examinations decreased by -50.2% to X tons in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 713% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then declined notably in the following year.

In value terms, x-ray examination preparations exports shrank remarkably to $X in 2022. In general, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 376%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Belgium prevails in exports structure, amounting to X tons, which was near 95% of total exports in 2022. It was distantly followed by the Netherlands (X tons), achieving a 5.5% share of total exports.

Belgium was also the fastest-growing in terms of the opacifying preparations for x-ray examinations exports, with a CAGR of +32.2% from 2012 to 2022. The Netherlands (-4.8%) illustrated a downward trend over the same period. While the share of Belgium (+55 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (-55.2 p.p.) displayed negative dynamics.

In value terms, Belgium ($X) remains the largest x-ray examination preparations supplier in Benelux, comprising 73% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 27% share of total exports.

In Belgium, x-ray examination preparations exports expanded at an average annual rate of +29.3% over the period from 2012-2022.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, dropping by -13.9% against the previous year. Over the period under review, the export price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2013 an increase of 56% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 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 the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.9%).

X-Ray Examination Preparations Imports

Imports in Benelux

After four years of growth, supplies from abroad of opacifying preparations for x-ray examinations decreased by -89% to X tons in 2022. Overall, imports showed a slight setback. The growth pace was the most rapid in 2020 with an increase of 600%. Over the period under review, imports attained the peak figure at X tons in 2021, and then contracted significantly in the following year.

In value terms, x-ray examination preparations imports reduced rapidly to $X in 2022. Over the period under review, imports continue to indicate a perceptible contraction. The growth pace was the most rapid in 2020 when imports increased by 352% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Belgium (X tons) was the main importer of opacifying preparations for x-ray examinations, mixing up 64% of total imports. It was distantly followed by the Netherlands (X tons), comprising a 35% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belgium (with a CAGR of +0.3%).

In value terms, the largest x-ray examination preparations importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

Among the main importing countries, the Netherlands, with a CAGR of +2.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, with an increase of 90% against the previous year. Overall, the import price, however, recorded a slight setback. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.7%).

Source: IndexBox Platform