Ireland: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in Ireland

The Irish x-ray examination preparations market surged to $X in 2022, jumping by 30% against the previous year. In general, consumption recorded a significant expansion. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

X-Ray Examination Preparations Production in Ireland

In value terms, x-ray examination preparations production surged to $X in 2022 estimated in export price. In general, production posted prominent growth. The growth pace was the most rapid in 2015 when the production volume increased by 727% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

X-Ray Examination Preparations Exports

Exports from Ireland

In 2022, exports of opacifying preparations for x-ray examinations from Ireland skyrocketed to X tons, picking up by 24% compared with 2021. Over the period under review, total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, x-ray examination preparations exports amounted to $X in 2022. The total export value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons), China (X tons) and the UK (X tons) were the main destinations of x-ray examination preparations exports from Ireland, with a combined 32% share of total exports. Germany, France, Spain, Norway, Italy, Poland, Russia, Chile, Iran and Saudi Arabia lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +16.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for x-ray examination preparations exported from Ireland were the United States ($X), China ($X) and France ($X), together accounting for 30% of total exports.

China, with a CAGR of +14.5%, recorded the highest growth rate of 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 x-ray examination preparations export price stood at $X per ton in 2022, declining by -7.8% against the previous year. Over the period under review, the export price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 an increase of 35% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-1.0%), while the prices for the other major destinations experienced a decline.

X-Ray Examination Preparations Imports

Imports into Ireland

For the sixth consecutive year, Ireland recorded decline in purchases abroad of opacifying preparations for x-ray examinations, which decreased by 0% to X tons in 2022. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2016 when imports increased by 99% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, x-ray examination preparations imports amounted to $X in 2022. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 94%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Norway (X tons) and Spain (X tons) were the main suppliers of x-ray examination preparations imports to Ireland, together accounting for 96% of total imports.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +200.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest x-ray examination preparations suppliers to Ireland were Norway ($X), China ($X) and Germany ($X), with a combined 88% share of total imports.

Norway, with a CAGR of +221.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average x-ray examination preparations import price amounted to $X per ton, almost unchanged from the previous year. In general, the import price enjoyed notable growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 52%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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