Bolivia: X-Ray Apparatus Market 2025

X-Ray Apparatus Market Size in Bolivia

The Bolivian x-ray apparatus market skyrocketed to $X in 2022, picking up by 24% against the previous year. In general, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. X-ray apparatus consumption peaked in 2022 and is likely to see gradual growth in years to come.

X-Ray Apparatus Production in Bolivia

In value terms, x-ray apparatus production stood at $X in 2022 estimated in export price. Over the period under review, production continues to indicate a temperate increase. The pace of growth was the most pronounced in 2015 with an increase of 182%. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

X-Ray Apparatus Exports

Exports from Bolivia

In 2022, the amount of x-ray apparatus exported from Bolivia fell significantly to X units, with a decrease of -50% against the previous year. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 85,333%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, x-ray apparatus exports shrank dramatically to $X in 2022. In general, exports showed a mild shrinkage. The pace of growth was the most pronounced in 2015 with an increase of 1,175%. The exports peaked at $X in 2021, and then fell dramatically in the following year.

Exports by Country

The United States (X units) was the main destination for x-ray apparatus exports from Bolivia, with a 96% share of total exports. It was followed by Germany (X units), with a 2.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +35.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+11.6% per year) and Chile (-75.9% per year).

In value terms, the United States ($X), Chile ($X) and Germany ($X) constituted the largest markets for x-ray apparatus exported from Bolivia worldwide, with a combined 99% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +26.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average x-ray apparatus export price stood at $X per unit in 2022, surging by 5.1% against the previous year. Over the period under review, the export price, however, faced a dramatic setback. The pace of growth appeared the most rapid in 2016 an increase of 11,761% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+334.1%), while the prices for the other major destinations experienced mixed trend patterns.

X-Ray Apparatus Imports

Imports into Bolivia

In 2022, approx. X units of x-ray apparatus were imported into Bolivia; picking up by 85% on the previous year. Overall, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +9.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, x-ray apparatus imports soared to $X in 2022. In general, imports posted a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 81% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Brazil (X units), Argentina (X units) and South Korea (X units) were the main suppliers of x-ray apparatus imports to Bolivia, together accounting for 54% of total imports.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +23.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest x-ray apparatus suppliers to Bolivia were the United States ($X), China ($X) and Argentina ($X), together comprising 55% of total imports.

Argentina, with a CAGR of +41.8%, saw the highest growth rate of 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 2022, the average x-ray apparatus import price amounted to $X per unit, reducing by -11.5% against the previous year. In general, the import price, however, showed a modest increase. The pace of growth was the most pronounced in 2019 an increase of 64% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+30.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform