Czech Republic: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in the Czech Republic

In 2022, the Czech x-ray examination preparations market increased by 1.1% to $X, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

X-Ray Examination Preparations Production in the Czech Republic

In value terms, x-ray examination preparations production contracted to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 194%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

X-Ray Examination Preparations Exports

Exports from the Czech Republic

In 2022, the amount of opacifying preparations for x-ray examinations exported from the Czech Republic skyrocketed to X tons, picking up by 102% against 2021. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 649%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, x-ray examination preparations exports expanded significantly to $X in 2022. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 837% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for x-ray examination preparations exports from the Czech Republic, accounting for a 61% share of total exports. Moreover, x-ray examination preparations exports to Poland exceeded the volume sent to the second major destination, Austria (X kg), fivefold. Slovakia (X kg) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+39.6% per year) and Slovakia (+3.7% per year).

In value terms, Denmark ($X) remains the key foreign market for opacifying preparations for x-ray examinations exports from the Czech Republic, comprising 61% of total exports. The second position in the ranking was taken by Poland ($X), with a 14% share of total exports. It was followed by Austria, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Denmark totaled +68.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (0.0% per year) and Austria (+32.4% per year).

Export Prices by Country

In 2022, the average x-ray examination preparations export price amounted to $X per ton, reducing by -43.3% against the previous year. Over the period under review, the export price, however, showed notable growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 423% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Poland ($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 Japan (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Examination Preparations Imports

Imports into the Czech Republic

In 2022, imports of opacifying preparations for x-ray examinations into the Czech Republic expanded significantly to X tons, with an increase of 11% compared with the year before. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 49%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, x-ray examination preparations imports amounted to $X in 2022. The total import value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 46%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of x-ray examination preparations to the Czech Republic, accounting for a 57% share of total imports. Moreover, x-ray examination preparations imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. France (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.0% per year) and France (-2.3% per year).

In value terms, Italy ($X), Germany ($X) and France ($X) appeared to be the largest x-ray examination preparations suppliers to the Czech Republic, with a combined 79% share of total imports.

Among the main suppliers, Germany, with a CAGR of +6.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average x-ray examination preparations import price stood at $X per ton in 2022, shrinking by -8.4% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, x-ray examination preparations import price increased by +20.1% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 31%. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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