Ireland: Non-Medical X-Ray Market 2024

Non-Medical X-Ray Market Size in Ireland

The Irish non-medical x-ray market rose markedly to $X in 2021, growing by 8.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a abrupt setback. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Non-Medical X-Ray Exports

Exports from Ireland

In 2021, shipments abroad of non-medical x-rays increased by 59% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2017 when exports increased by 749%. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, non-medical x-ray exports soared to $X in 2021. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2017 when exports increased by 344%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Romania (X tons), the Czech Republic (X tons) and the UK (X tons) were the main destinations of non-medical x-ray exports from Ireland, with a combined 63% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +23.9%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Romania ($X) and the Czech Republic ($X) appeared to be the largest markets for non-medical x-ray exported from Ireland worldwide, together comprising 64% of total exports.

The UK, with a CAGR of +38.0%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 non-medical x-ray export price stood at $X per ton in 2021, picking up by 27% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 92% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+46.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Medical X-Ray Imports

Imports into Ireland

Non-medical x-ray imports into Ireland surged to X tons in 2021, picking up by 28% against the previous year's figure. Over the period under review, imports, however, showed a pronounced reduction. The growth pace was the most rapid in 2019 with an increase of 191%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, non-medical x-ray imports surged to $X in 2021. Overall, imports, however, showed a slight setback. The most prominent rate of growth was recorded in 2018 when imports increased by 98%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the UK (X tons) constituted the largest non-medical x-ray supplier to Ireland, accounting for a 63% share of total imports. Moreover, non-medical x-ray imports from the UK exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. The third position in this ranking was held by the United States (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from the UK totaled -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+113.8% per year) and the United States (-5.2% per year).

In value terms, the UK ($X) constituted the largest supplier of non-medical x-rays to Ireland, comprising 54% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 21% share of total imports. It was followed by the United States, with a 19% share.

From 2012 to 2021, the average annual growth rate of value from the UK was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+107.7% per year) and the United States (+8.0% per year).

Import Prices by Country

The average non-medical x-ray import price stood at $X per ton in 2021, rising by 6.8% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-medical x-ray import price increased by +6.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 78%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+89.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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