Eastern Asia: X-Ray Apparatus Market 2025

X-Ray Apparatus Market Size in Eastern Asia

For the third consecutive year, the East Asian x-ray apparatus market recorded decline in sales value, which decreased by -22.9% to $X in 2022. Over the period under review, consumption recorded a perceptible contraction. The growth pace was the most rapid in 2017 with an increase of 7.5%. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

X-Ray Apparatus Production in Eastern Asia

In value terms, x-ray apparatus production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 11% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

X-Ray Apparatus Exports

Exports in Eastern Asia

For the sixth year in a row, Eastern Asia recorded growth in shipments abroad of x-ray apparatus, which increased by 32% to X units in 2022. In general, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, x-ray apparatus exports rose slightly to $X in 2022. Total exports indicated a prominent increase from 2012 to 2022: its value 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 +57.5% against 2016 indices. The pace of growth was the most pronounced in 2021 when exports increased by 13% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

In 2022, China (X units) was the largest exporter of x-ray apparatus, achieving 68% of total exports. South Korea (X units) held the second position in the ranking, distantly followed by Japan (X units). All these countries together held approx. 31% share of total exports.

China was also the fastest-growing in terms of the x-ray apparatus exports, with a CAGR of +16.3% from 2012 to 2022. At the same time, South Korea (+15.4%) and Japan (+1.7%) displayed positive paces of growth. From 2012 to 2022, the share of China and South Korea increased by +19 and +4.3 percentage points, respectively.

In value terms, China ($X) remains the largest x-ray apparatus supplier in Eastern Asia, comprising 63% of total exports. The second position in the ranking was taken by Japan ($X), with a 25% share of total exports.

In China, x-ray apparatus exports increased at an average annual rate of +8.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (-0.6% per year) and South Korea (+9.6% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, shrinking by -22.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2013 an increase of 6.4% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 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 Japan ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-2.3%), while the other leaders experienced a decline in the export price figures.

X-Ray Apparatus Imports

Imports in Eastern Asia

In 2022, purchases abroad of x-ray apparatus decreased by -1.2% to X units, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 15%. Over the period under review, imports attained the maximum at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, x-ray apparatus imports dropped to $X in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 14% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

China represented the largest importing country with an import of around X units, which amounted to 51% of total imports. Japan (X units) took a 17% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (14%), South Korea (11%) and Hong Kong SAR (6.5%).

Imports into China increased at an average annual rate of +3.3% from 2012 to 2022. At the same time, Taiwan (Chinese) (+5.4%), Japan (+2.7%) and South Korea (+1.4%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +5.4% from 2012-2022. By contrast, Hong Kong SAR (-7.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China and Taiwan (Chinese) increased by +6.4 and +3.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported x-ray apparatus in Eastern Asia, comprising 79% of total imports. The second position in the ranking was held by Japan ($X), with a 10% share of total imports. It was followed by South Korea, with a 5.4% share.

In China, x-ray apparatus imports increased at an average annual rate of +1.3% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-2.1% per year) and South Korea (+3.6% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, falling by -10.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 25%. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 China ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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