EU: X-Ray Generator Market 2024

X-Ray Generator Market Size in the EU

In 2021, the EU x-ray generator market decreased by -0.3% to $X for the first time since 2017, thus ending a three-year rising trend. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The level of consumption peaked at $X in 2020, and then contracted slightly in the following year.

X-Ray Generator Production in the EU

In value terms, x-ray generator production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 22%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

X-Ray Generator Exports

Exports in the EU

In 2021, overseas shipments of x-ray generators increased by 16% to X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, showed a pronounced setback. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, x-ray generator exports expanded notably to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Germany (X tons), France (X tons), the Netherlands (X tons) and Spain (X tons), together reaching 79% of total export. Belgium (X tons) ranks next in terms of the total exports with a 5.8% share, followed by Italy (4.8%). The following exporters - Sweden (X tons) and Lithuania (X tons) - each reached a 3.2% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +16.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest x-ray generator supplier in the European Union, comprising 44% of total exports. The second position in the ranking was taken by France ($X), with a 19% share of total exports. It was followed by the Netherlands, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany was relatively modest. In the other countries, the average annual rates were as follows: France (-3.1% per year) and the Netherlands (-1.3% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, waning by -3.7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2020 an increase of 14% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced modestly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.2%), while the other leaders experienced mixed trends in the export price figures.

X-Ray Generator Imports

Imports in the EU

In 2021, approx. X tons of x-ray generators were imported in the European Union; with an increase of 2.8% on the previous year. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 18%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, x-ray generator imports expanded to $X in 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 14% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons), distantly followed by France (X tons), the Netherlands (X tons) and Spain (X tons) were the key importers of x-ray generators, together creating 78% of total imports. Finland (X tons), Italy (X tons), Belgium (X tons) and Poland (X tons) took a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +8.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2021, together comprising 66% of total imports. These countries were followed by Italy, Belgium, Spain, Finland and Poland, which together accounted for a further 23%.

Among the main importing countries, Poland, with a CAGR of +8.9%, recorded the highest rates of growth with regard to 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

The import price in the European Union stood at $X per ton in 2021, remaining constant against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the import price increased by 8.1% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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