Ecuador: X-Ray Apparatus Market 2025

X-Ray Apparatus Market Size in Ecuador

For the third year in a row, the Ecuadorian x-ray apparatus market recorded decline in sales value, which decreased by -14.7% to $X in 2022. Overall, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -22.0% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

X-Ray Apparatus Exports

Exports from Ecuador

In 2022, approx. X units of x-ray apparatus were exported from Ecuador; picking up by 229% against the previous year. Over the period under review, exports saw a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of 1,450%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, x-ray apparatus exports reduced notably to $X in 2022. In general, exports, however, saw a mild setback. The most prominent rate of growth was recorded in 2019 when exports increased by 7,780%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X units), the United States (X units) and Germany (X units) were the main destinations of x-ray apparatus exports from Ecuador, together accounting for 98% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +38.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for x-ray apparatus exported from Ecuador were the United States ($X), Italy ($X) and Germany ($X), together accounting for 73% of total exports.

Italy, with a CAGR of +34.9%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average x-ray apparatus export price stood at $X per unit in 2022, declining by -74.5% against the previous year. Over the period under review, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 3,840% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+62.4%), while the prices for the other major destinations experienced a decline.

X-Ray Apparatus Imports

Imports into Ecuador

In 2022, approx. X units of x-ray apparatus were imported into Ecuador; with a decrease of -33.7% on the previous year. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 85%. Imports peaked at X units in 2021, and then reduced notably in the following year.

In value terms, x-ray apparatus imports reached $X in 2022. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.3% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of 94% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

South Korea (X units), Italy (X units) and China (X units) were the main suppliers of x-ray apparatus imports to Ecuador, with a combined 36% share of total imports. Germany, the United States, Brazil, Japan, Finland, Mexico, India, the Netherlands and Colombia lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +29.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest x-ray apparatus suppliers to Ecuador were Germany ($X), China ($X) and Japan ($X), with a combined 31% share of total imports. South Korea, the United States, the Netherlands, Italy, Brazil, Mexico, Finland, India and Colombia lagged somewhat behind, together comprising a further 34%.

In terms of the main suppliers, Mexico, with a CAGR of +22.7%, 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

In 2022, the average x-ray apparatus import price amounted to $X per unit, picking up by 73% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :