CIS: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in CIS

The CIS x-ray examination preparations market amounted to $X in 2022, increasing by 3.5% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

X-Ray Examination Preparations Production in CIS

In value terms, x-ray examination preparations production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of 37% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

X-Ray Examination Preparations Exports

Exports in CIS

In 2022, the amount of opacifying preparations for x-ray examinations exported in the CIS dropped to X tons, with a decrease of -6.7% against the previous year's figure. Over the period under review, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of 338%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, x-ray examination preparations exports surged to $X in 2022. In general, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 383%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Russia was the largest exporter of opacifying preparations for x-ray examinations in the CIS, with the volume of exports amounting to X tons, which was near 66% of total exports in 2022. It was distantly followed by Armenia (X tons), making up a 29% share of total exports. Kazakhstan (X kg) and Belarus (X kg) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to x-ray examination preparations exports from Russia stood at +15.0%. At the same time, Armenia (+127.7%) and Belarus (+12.3%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +127.7% from 2012-2022. By contrast, Kazakhstan (-9.7%) illustrated a downward trend over the same period. Armenia (+29 p.p.) and Russia (+2 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -30.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest x-ray examination preparations supplier in the CIS, comprising 91% of total exports. The second position in the ranking was held by Armenia ($X), with a 4.7% share of total exports. It was followed by Kazakhstan, with a 3.1% share.

In Russia, x-ray examination preparations exports increased at an average annual rate of +34.1% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Armenia (+102.2% per year) and Kazakhstan (-14.5% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, surging by 33% against the previous year. Over the period under review, the export price posted a notable increase. The pace of growth appeared the most rapid in 2020 when the export price increased by 93%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices remained at a somewhat lower figure.

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 Russia ($X per ton), while Armenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+16.6%), while the other leaders experienced a decline in the export price figures.

X-Ray Examination Preparations Imports

Imports in CIS

After two years of decline, overseas purchases of opacifying preparations for x-ray examinations increased by 23% to X tons in 2022. Total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 33% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, x-ray examination preparations imports expanded significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 24% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia represented the key importing country with an import of about X tons, which finished at 67% of total imports. Belarus (X tons) took an 11% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (7.1%) and Azerbaijan (6%). The following importers - Uzbekistan (X tons) and Armenia (X tons) - each finished at a 6.3% share of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of opacifying preparations for x-ray examinations. At the same time, Azerbaijan (+31.0%), Armenia (+20.1%) and Belarus (+9.1%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +31.0% from 2012-2022. Uzbekistan and Kazakhstan experienced a relatively flat trend pattern. From 2012 to 2022, the share of Belarus, Azerbaijan, Uzbekistan and Armenia increased by +5.5, +5.5, +3.2 and +2.5 percentage points, respectively.

In value terms, Russia ($X) constitutes the largest market for imported opacifying preparations for x-ray examinations in the CIS, comprising 72% of total imports. The second position in the ranking was held by Belarus ($X), with an 11% share of total imports. It was followed by Kazakhstan, with a 7.5% share.

In Russia, x-ray examination preparations imports decreased by an average annual rate of -4.7% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+9.5% per year) and Kazakhstan (+0.2% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, waning by -6.8% against the previous year. Over the period under review, the import price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when the import price increased by 26%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Russia ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+1.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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