Eastern Asia: X-Ray Generator Market 2025

X-Ray Generator Market Size in Eastern Asia

In 2021, after two years of growth, there was decline in the East Asian x-ray generator market, when its value decreased by -1.8% to $X. The market value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

X-Ray Generator Production in Eastern Asia

In value terms, x-ray generator production stood at $X in 2021 estimated in export price. The total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -36.1% against 2015 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 37% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

X-Ray Generator Exports

Exports in Eastern Asia

In 2021, the amount of x-ray generators exported in Eastern Asia amounted to X tons, with an increase of 14% against 2020. The total export volume increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, x-ray generator exports expanded significantly to $X in 2021. The total export value increased at an average annual rate of +5.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, resulting at X tons, which was near 85% of total exports in 2021. Japan (X tons) ranks second in terms of the total exports with a 7.3% share, followed by South Korea (6.3%).

From 2012 to 2021, average annual rates of growth with regard to x-ray generator exports from China stood at +5.0%. At the same time, South Korea (+9.2%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +9.2% from 2012-2021. Japan experienced a relatively flat trend pattern. China (+4.2 p.p.) and South Korea (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while Japan saw its share reduced by -3.9% from 2012 to 2021, respectively.

In value terms, the largest x-ray generator supplying countries in Eastern Asia were China ($X), Japan ($X) and South Korea ($X), with a combined 98% share of total exports.

South Korea, with a CAGR of +13.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, approximately equating the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 4.8% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+4.2%), while the other leaders experienced more modest paces of growth.

X-Ray Generator Imports

Imports in Eastern Asia

For the fourth year in a row, Eastern Asia recorded growth in supplies from abroad of x-ray generators, which increased by 5.1% to X tons in 2021. The total import volume increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when imports increased by 13% against the previous year. The volume of import peaked in 2021 and is likely to see steady growth in years to come.

In value terms, x-ray generator imports surged to $X in 2021. The total import value increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan represented the largest importing country with an import of around X tons, which finished at 56% of total imports. China (X tons) ranks second in terms of the total imports with a 32% share, followed by South Korea (7.1%). The following importers - Hong Kong SAR (X tons) and Taiwan (Chinese) (X tons) - together made up 4.6% of total imports.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +15.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2021, together comprising 93% of total imports. Taiwan (Chinese) and Hong Kong SAR lagged somewhat behind, together accounting for a further 7.3%.

Taiwan (Chinese), with a CAGR of +20.9%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, with an increase of 14% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The level of import peaked at $X per ton in 2015; however, from 2016 to 2021, 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 Taiwan (Chinese) ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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