Eastern Asia: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in Eastern Asia

The East Asian x-ray examination preparations market amounted to $X in 2022, growing by 3.4% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

X-Ray Examination Preparations Production in Eastern Asia

In value terms, x-ray examination preparations production expanded to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 10%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

X-Ray Examination Preparations Exports

Exports in Eastern Asia

In 2022, x-ray examination preparations exports in Eastern Asia fell slightly to X tons, remaining constant against the year before. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.2% 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 +31.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, the exports attained the peak of X tons, and then reduced modestly in the following year.

In value terms, x-ray examination preparations exports contracted significantly to $X in 2022. Total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 34%. Over the period under review, the exports hit record highs at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

In 2022, China (X tons) represented the largest exporter of opacifying preparations for x-ray examinations in Eastern Asia, making up 96% of total export.

China was also the fastest-growing in terms of the opacifying preparations for x-ray examinations exports, with a CAGR of +5.9% from 2012 to 2022. While the share of China (+6 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest x-ray examination preparations supplier in Eastern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to +3.7%.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per ton, falling by -39.9% against the previous year. Overall, the export price recorded a mild shrinkage. The growth pace was the most rapid in 2019 an increase of 18% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -2.1% per year.

X-Ray Examination Preparations Imports

Imports in Eastern Asia

In 2022, imports of opacifying preparations for x-ray examinations in Eastern Asia skyrocketed to X tons, increasing by 21% against 2021. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +6.1% 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 +19.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, x-ray examination preparations imports stood at $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 appeared the most rapid in 2019 when imports increased by 14% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in years to come.

Imports by Country

In 2022, China (X tons), distantly followed by Japan (X tons), South Korea (X tons), Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons) represented the major importers of opacifying preparations for x-ray examinations, together achieving 99.9% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +12.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported opacifying preparations for x-ray examinations in Eastern Asia, comprising 49% of total imports. The second position in the ranking was taken by Japan ($X), with a 21% share of total imports. It was followed by South Korea, with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +11.7%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-6.3% per year) and South Korea (+3.6% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2022, falling by -16.9% against the previous year. In general, the import price saw a noticeable contraction. The growth pace was the most rapid in 2021 when the import price increased by 5.4% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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