Israel: X-Ray Apparatus Market 2024

X-Ray Apparatus Market Size in Israel

The Israeli x-ray apparatus market fell to $X in 2022, dropping by -8.1% against the previous year. In general, consumption recorded prominent growth. Over the period under review, the market reached the peak level at $X in 2021, and then declined in the following year.

X-Ray Apparatus Production in Israel

In value terms, x-ray apparatus production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded significant growth. The growth pace was the most rapid in 2017 when the production volume increased by 29% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

X-Ray Apparatus Exports

Exports from Israel

In 2022, approx. X units of x-ray apparatus were exported from Israel; growing by 23% compared with 2021 figures. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 81% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, x-ray apparatus exports reduced to $X in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 152%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), China (X units) and the Netherlands (X units) were the main destinations of x-ray apparatus exports from Israel, together accounting for 56% of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +54.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for x-ray apparatus exported from Israel were the United States ($X), China ($X) and the Netherlands ($X), with a combined 60% share of total exports. France, Germany, South Korea, Thailand, Taiwan (Chinese), Italy and Hong Kong SAR lagged somewhat behind, together accounting for a further 23%.

Thailand, with a CAGR of +113.2%, 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

In 2022, the average x-ray apparatus export price amounted to $X per unit, reducing by -24.4% against the previous year. In general, the export price, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 80% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Hong Kong SAR ($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 Thailand (+43.1%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Apparatus Imports

Imports into Israel

In 2022, x-ray apparatus imports into Israel surged to X units, with an increase of 43% on 2021. In general, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +124.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, x-ray apparatus imports shrank dramatically to $X in 2022. The total import value increased at an average annual rate of +2.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 49%. Imports peaked at $X in 2021, and then fell remarkably in the following year.

Imports by Country

France (X units), the United States (X units) and Germany (X units) were the main suppliers of x-ray apparatus imports to Israel, together accounting for 53% of total imports. Finland, Italy, the Netherlands, South Korea, China, Japan and Switzerland lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +45.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest x-ray apparatus suppliers to Israel were the United States ($X), Germany ($X) and the Netherlands ($X), with a combined 60% share of total imports. China, Switzerland, Italy, Japan, South Korea, France and Finland lagged somewhat behind, together comprising a further 21%.

South Korea, with a CAGR of +30.7%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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, dropping by -46.9% against the previous year. Overall, the import price showed a noticeable curtailment. The growth pace was the most rapid in 2017 an increase of 29% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :