Chile: Non-Medical X-Ray Market 2024

Non-Medical X-Ray Market Size in Chile

After four years of growth, the Chilean non-medical x-ray market decreased by -64.4% to $X in 2021. Overall, consumption saw a abrupt descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Non-Medical X-Ray Exports

Exports from Chile

In 2021, the amount of non-medical x-rays exported from Chile surged to X tons, jumping by 59% compared with the year before. Over the period under review, exports, however, saw a slight downturn. The pace of growth appeared the most rapid in 2014 when exports increased by 130% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, non-medical x-ray exports soared to $X in 2021. Overall, exports enjoyed a mild increase. The pace of growth appeared the most rapid in 2018 with an increase of 106%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Argentina (X tons), Canada (X tons) and Peru (X kg) were the main destinations of non-medical x-ray exports from Chile, together accounting for 80% of total exports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +34.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-medical x-ray exported from Chile were Argentina ($X), Canada ($X) and Peru ($X), with a combined 82% share of total exports.

Canada, with a CAGR of +35.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average non-medical x-ray export price amounted to $X per ton, rising by 13% against the previous year. In general, export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-medical x-ray export price increased by +84.8% against 2014 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 28%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Bolivia ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Medical X-Ray Imports

Imports into Chile

In 2021, supplies from abroad of non-medical x-rays decreased by -70.2% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2014 with an increase of 197%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, non-medical x-ray imports declined markedly to $X in 2021. Overall, imports saw a abrupt setback. The pace of growth was the most pronounced in 2014 with an increase of 200% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of non-medical x-ray to Chile, accounting for a 40% share of total imports. Moreover, non-medical x-ray imports from Turkey exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. Canada (X tons) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to +63.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-22.1% per year) and Canada (+30.2% per year).

In value terms, the largest non-medical x-ray suppliers to Chile were the United States ($X), Canada ($X) and Germany ($X), together accounting for 45% of total imports. These countries were followed by Turkey, China, Brazil, the UK, Australia, Finland, Peru and the Netherlands, which together accounted for a further 14%.

Brazil, with a CAGR of +73.8%, recorded 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 more modest paces of growth.

Import Prices by Country

The average non-medical x-ray import price stood at $X per ton in 2021, picking up by 45% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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