Italy: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in Italy

The Italian x-ray examination preparations market soared to $X in 2022, with an increase of 32% against the previous year. In general, consumption, however, showed a abrupt downturn. X-ray examination preparations consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

X-Ray Examination Preparations Production in Italy

In value terms, x-ray examination preparations production expanded sharply to $X in 2022 estimated in export price. Overall, production, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2020 when the production volume increased by 19%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

X-Ray Examination Preparations Exports

Exports from Italy

In 2022, shipments abroad of opacifying preparations for x-ray examinations decreased by -1% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total exports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.2% 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 +39.9% against 2019 indices. The pace of growth was the most pronounced in 2017 when exports increased by 52% against the previous year. The exports peaked at X tons in 2021, and then fell slightly in the following year.

In value terms, x-ray examination preparations exports fell to $X in 2022. Over the period under review, total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.9% 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 +79.2% against 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 33% against the previous year. The exports peaked at $X in 2021, and then reduced slightly in the following year.

Exports by Country

The United States (X tons) was the main destination for x-ray examination preparations exports from Italy, with a 46% share of total exports. Moreover, x-ray examination preparations exports to the United States exceeded the volume sent to the second major destination, China (X tons), sevenfold. Spain (X tons) ranked third in terms of total exports with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+22.6% per year) and Spain (+6.3% per year).

In value terms, the United States ($X) remains the key foreign market for opacifying preparations for x-ray examinations exports from Italy, comprising 44% of total exports. The second position in the ranking was taken by China ($X), with a 10% share of total exports. It was followed by Belgium, with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+13.6% per year) and Belgium (+8.2% per year).

Export Prices by Country

In 2022, the average x-ray examination preparations export price amounted to $X per ton, shrinking by -1.7% against the previous year. In general, the export price saw a slight slump. The pace of growth was the most pronounced in 2019 an increase of 12%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Brazil ($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 the UK (+2.1%), while the prices for the other major destinations experienced a decline.

X-Ray Examination Preparations Imports

Imports into Italy

X-ray examination preparations imports into Italy soared to X tons in 2022, with an increase of 16% against the year before. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, x-ray examination preparations imports surged to $X in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 29%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

France (X tons), Ireland (X tons) and the Netherlands (X tons) were the main suppliers of x-ray examination preparations imports to Italy, with a combined 83% share of total imports. Canada, the Czech Republic, Germany, Austria and Spain lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +151.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Ireland ($X) were the largest x-ray examination preparations suppliers to Italy, with a combined 80% share of total imports. Austria, the Czech Republic, Germany, Canada and Spain lagged somewhat behind, together accounting for a further 16%.

The Czech Republic, with a CAGR of +109.2%, 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

The average x-ray examination preparations import price stood at $X per ton in 2022, with an increase of 3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. The pace of growth appeared the most rapid in 2018 an increase of 19% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

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 Austria ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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