Indonesia: X-Ray Tube Market 2024

X-Ray Tube Market Size in Indonesia

The Indonesian x-ray tube market expanded notably to $X in 2021, picking up by 13% against the previous year. Overall, consumption showed a remarkable increase. X-ray tube consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

X-Ray Tube Production in Indonesia

In value terms, x-ray tube production reduced modestly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 32% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

X-Ray Tube Exports

Exports from Indonesia

After two years of growth, shipments abroad of x-ray tubes decreased by -5.5% to X units in 2021. Over the period under review, exports, however, continue to indicate a temperate increase. The most prominent rate of growth was recorded in 2019 when exports increased by 352%. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, x-ray tube exports soared to $X in 2021. Overall, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by 222% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for x-ray tube exports from Indonesia, with a 52% share of total exports. Moreover, x-ray tube exports to the United States exceeded the volume sent to the second major destination, Singapore (X units), twofold. The third position in this ranking was held by France (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-11.0% per year) and France (+19.2% per year).

In value terms, Singapore ($X) remains the key foreign market for x-ray tubes exports from Indonesia, comprising 71% of total exports. The second position in the ranking was held by Japan ($X), with a 14% share of total exports. It was followed by Germany, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore totaled +5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+38.8% per year) and Germany (-11.7% per year).

Export Prices by Country

The average x-ray tube export price stood at $X per unit in 2021, picking up by 63% against the previous year. In general, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 136% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+22.9%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Tube Imports

Imports into Indonesia

In 2021, imports of x-ray tubes into Indonesia expanded slightly to X units, picking up by 4.5% compared with the year before. In general, imports posted a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of 384%. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, x-ray tube imports skyrocketed to $X in 2021. Overall, imports saw buoyant growth. The growth pace was the most rapid in 2020 when imports increased by 49% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Germany (X units), India (X units) and the United States (X units) were the main suppliers of x-ray tube imports to Indonesia, together comprising 71% of total imports. These countries were followed by France, China and Japan, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +79.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of x-ray tubes to Indonesia, comprising 41% of total imports. The second position in the ranking was taken by the United States ($X), with a 17% share of total imports. It was followed by India, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +24.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+6.9% per year) and India (+36.0% per year).

Import Prices by Country

The average x-ray tube import price stood at $X per unit in 2021, rising by 11% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 287%. Over the period under review, average import prices hit record highs at $X per unit in 2015; afterwards, it flattened through to 2021.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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