Japan: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in Japan

The Japanese x-ray examination preparations market reached $X in 2022, with an increase of 2.4% against the previous year. Over the period under review, consumption, however, showed a abrupt shrinkage. X-ray examination preparations consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

X-Ray Examination Preparations Production in Japan

In value terms, x-ray examination preparations production reached $X in 2022 estimated in export price. Overall, production, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of 18% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

X-Ray Examination Preparations Exports

Exports from Japan

X-ray examination preparations exports from Japan soared to X tons in 2022, surging by 67% against the year before. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 91%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, x-ray examination preparations exports skyrocketed to $X in 2022. Overall, exports saw a tangible expansion. The growth pace was the most rapid in 2015 with an increase of 80%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

South Korea (X tons) was the main destination for x-ray examination preparations exports from Japan, with a 89% share of total exports. Moreover, x-ray examination preparations exports to South Korea exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to South Korea stood at +41.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+11.9% per year) and Taiwan (Chinese) (-4.3% per year).

In value terms, South Korea ($X) remains the key foreign market for opacifying preparations for x-ray examinations exports from Japan, comprising 61% of total exports. The second position in the ranking was taken by the UK ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea stood at +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+24.0% per year) and Taiwan (Chinese) (-1.3% per year).

Export Prices by Country

In 2022, the average x-ray examination preparations export price amounted to $X per ton, reducing by -16.6% against the previous year. In general, the export price saw a deep downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 66%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to South Korea ($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 (+10.8%), while the prices for the other major destinations experienced mixed trend patterns.

X-Ray Examination Preparations Imports

Imports into Japan

In 2022, after two years of decline, there was growth in overseas purchases of opacifying preparations for x-ray examinations, when their volume increased by 2.7% to X tons. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 18%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, x-ray examination preparations imports plummeted to $X in 2022. Overall, imports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 16%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest x-ray examination preparations supplier to Japan, accounting for a 70% share of total imports. Moreover, x-ray examination preparations imports from Germany exceeded the figures recorded by the second-largest supplier, Thailand (X tons), fourfold. Spain (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+53.0% per year) and Spain (-6.4% per year).

In value terms, Germany ($X) constituted the largest supplier of opacifying preparations for x-ray examinations to Japan, comprising 69% of total imports. The second position in the ranking was taken by Thailand ($X), with a 10% share of total imports. It was followed by Spain, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+38.9% per year) and Spain (-7.0% per year).

Import Prices by Country

The average x-ray examination preparations import price stood at $X per ton in 2022, declining by -25.6% against the previous year. In general, the import price showed a abrupt downturn. The pace of growth was the most pronounced in 2021 an increase of 17%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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