China: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in China

The Chinese x-ray examination preparations market amounted to $X in 2022, picking up by 3.2% against the previous year. The market value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

X-Ray Examination Preparations Production in China

In value terms, x-ray examination preparations production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by 11%. X-ray examination preparations production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

X-Ray Examination Preparations Exports

Exports from China

X-ray examination preparations exports from China shrank modestly to X tons in 2022, leveling off at 2021 figures. Overall, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36% against the previous year. As a result, the exports reached the peak of X tons, leveling off in the following year.

In value terms, x-ray examination preparations exports reduced notably to $X in 2022. In general, exports, however, showed moderate growth. The pace of growth was the most pronounced in 2019 when exports increased by 41% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then declined markedly in the following year.

Exports by Country

The United States (X tons) was the main destination for x-ray examination preparations exports from China, with a 55% share of total exports. Moreover, x-ray examination preparations exports to the United States exceeded the volume sent to the second major destination, India (X tons), fivefold. The third position in this ranking was held by Brazil (X tons), with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled +7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+12.1% per year) and Brazil (+4.8% per year).

In value terms, the United States ($X) remains the key foreign market for opacifying preparations for x-ray examinations exports from China, comprising 60% of total exports. The second position in the ranking was held by India ($X), with an 11% share of total exports. It was followed by Brazil, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+7.6% per year) and Brazil (+6.4% per year).

Export Prices by Country

The average x-ray examination preparations export price stood at $X per ton in 2022, waning by -44.3% against the previous year. In general, the export price showed a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 19%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average 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 Brazil ($X per ton), while the average price for exports to Sudan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+24.0%), while the prices for the other major destinations experienced mixed trend patterns.

X-Ray Examination Preparations Imports

Imports into China

In 2022, the amount of opacifying preparations for x-ray examinations imported into China skyrocketed to X tons, increasing by 33% compared with the previous year. Over the period under review, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2013 when imports increased by 48%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, x-ray examination preparations imports rose significantly to $X in 2022. In general, imports saw strong growth. The pace of growth was the most pronounced in 2013 when imports increased by 43%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest x-ray examination preparations supplier to China, accounting for a 53% share of total imports. Moreover, x-ray examination preparations imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Ireland (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+51.0% per year) and Ireland (+17.1% per year).

In value terms, the largest x-ray examination preparations suppliers to China were Germany ($X), Ireland ($X) and Italy ($X), together accounting for 80% of total imports.

Italy, with a CAGR of +62.2%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average x-ray examination preparations import price amounted to $X per ton, declining by -13.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2014 when the average import price increased by 33%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Ireland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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