Jordan: X-Ray Apparatus Market 2024

X-Ray Apparatus Market Size in Jordan

The Jordanian x-ray apparatus market declined dramatically to $X in 2022, with a decrease of -35.4% against the previous year. Overall, consumption, however, showed a resilient expansion. As a result, consumption attained the peak level of $X, and then dropped rapidly in the following year.

X-Ray Apparatus Production in Jordan

In value terms, x-ray apparatus production shrank markedly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a prominent increase. The growth pace was the most rapid in 2018 when the production volume increased by 872% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

X-Ray Apparatus Exports

Exports from Jordan

X-ray apparatus exports from Jordan declined markedly to X units in 2022, reducing by -36.8% compared with the year before. Overall, exports recorded a mild decrease. The most prominent rate of growth was recorded in 2018 with an increase of 154,965% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, x-ray apparatus exports reduced remarkably to $X in 2022. In general, exports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 911%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Free Zones (X units) was the main destination for x-ray apparatus exports from Jordan, accounting for a 100% share of total exports. Moreover, x-ray apparatus exports to Free Zones exceeded the volume sent to the second major destination, the United Arab Emirates (X units), fivefold. South Korea (X units) ranked third in terms of total exports with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Free Zones was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+8.4% per year) and South Korea (-17.1% per year).

In value terms, Free Zones ($X) remains the key foreign market for x-ray apparatus exports from Jordan, comprising 99% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 0.8% share of total exports. It was followed by South Korea, with a 0.1% share.

From 2012 to 2022, the average annual growth rate of value to Free Zones amounted to -2.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+15.6% per year) and South Korea (-21.7% per year).

Export Prices by Country

The average x-ray apparatus export price stood at $X per unit in 2022, shrinking by -13.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 34,893% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($X per unit), while the average price for exports to Qatar ($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 Egypt (+634,222.1%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Apparatus Imports

Imports into Jordan

X-ray apparatus imports into Jordan soared to X units in 2022, growing by 28% compared with the year before. Over the period under review, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 146% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, x-ray apparatus imports contracted significantly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 123% against the previous year. As a result, imports reached the peak of $X, and then declined sharply in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of x-ray apparatus to Jordan, with a 14% share of total imports. Moreover, x-ray apparatus imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Japan (X units) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +21.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.4% per year) and Japan (+6.8% per year).

In value terms, China ($X), the United States ($X) and Japan ($X) were the largest x-ray apparatus suppliers to Jordan, together comprising 53% of total imports.

China, with a CAGR of +13.9%, 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 more modest paces of growth.

Import Prices by Country

The average x-ray apparatus import price stood at $X per unit in 2022, waning by -60.8% against the previous year. In general, the import price recorded a deep reduction. The growth pace was the most rapid in 2013 an increase of 55% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average 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 France ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform