Eastern Europe: X-Ray Apparatus Market 2024

X-Ray Apparatus Market Size in Eastern Europe

In 2022, the East European x-ray apparatus market decreased by -43% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, posted a significant expansion. As a result, consumption reached the peak level of $X, and then reduced dramatically in the following year.

X-Ray Apparatus Production in Eastern Europe

In value terms, x-ray apparatus production rose significantly to $X in 2022 estimated in export price. The total output 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 pace of growth appeared the most rapid in 2018 when the production volume increased by 44% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

X-Ray Apparatus Exports

Exports in Eastern Europe

In 2022, shipments abroad of x-ray apparatus decreased by -48.6% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw strong growth. The pace of growth was the most pronounced in 2021 with an increase of 175%. As a result, the exports reached the peak of X units, and then shrank significantly in the following year.

In value terms, x-ray apparatus exports rose to $X in 2022. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 53% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

The Czech Republic dominates exports structure, recording X units, which was near 68% of total exports in 2022. Poland (X units) held a 6.9% share (based on physical terms) of total exports, which put it in second place, followed by Slovakia (5.9%), Lithuania (5.6%) and Russia (5.4%). Belarus (X units) and Ukraine (X units) followed a long way behind the leaders.

Exports from the Czech Republic increased at an average annual rate of +8.4% from 2012 to 2022. At the same time, Belarus (+19.7%), Lithuania (+7.0%), Poland (+5.0%), Russia (+4.1%) and Ukraine (+3.4%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +19.7% from 2012-2022. By contrast, Slovakia (-2.9%) illustrated a downward trend over the same period. While the share of the Czech Republic (+11 p.p.) and Belarus (+3.1 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Slovakia (-8.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest x-ray apparatus supplying countries in Eastern Europe were the Czech Republic ($X), Poland ($X) and Belarus ($X), with a combined 76% share of total exports. Slovakia, Russia, Lithuania and Ukraine lagged somewhat behind, together comprising a further 22%.

Among the main exporting countries, Slovakia, with a CAGR of +30.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, surging by 101% against the previous year. Over the period under review, the export price saw notable growth. Over the period under review, the export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, the export prices stood 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 Belarus ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+34.7%), while the other leaders experienced more modest paces of growth.

X-Ray Apparatus Imports

Imports in Eastern Europe

In 2022, approx. X units of x-ray apparatus were imported in Eastern Europe; picking up by 8% on the previous year's figure. Total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +4.0% 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 +19.2% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 81% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, x-ray apparatus imports totaled $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 77% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Slovakia was the largest importing country with an import of around X units, which finished at 45% of total imports. It was distantly followed by Russia (X units), Poland (X units) and the Czech Republic (X units), together creating a 43% share of total imports. Romania (X units) and Ukraine (X units) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Slovakia (with a CAGR of +37.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported x-ray apparatus in Eastern Europe, comprising 49% of total imports. The second position in the ranking was held by Poland ($X), with a 13% share of total imports. It was followed by Ukraine, with an 11% share.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to -3.9%. The remaining importing countries recorded the following average annual rates of imports growth: Poland (+5.3% per year) and Ukraine (-0.8% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, dropping by -6.2% against the previous year. In general, the import price showed a perceptible decline. The most prominent rate of growth was recorded in 2019 when the import price increased by 50% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Ukraine ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+29.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :