Malaysia: Non-Medical X-Ray Market 2024

Non-Medical X-Ray Market Size in Malaysia

In 2021, after three years of growth, there was decline in the Malaysian non-medical x-ray market, when its value decreased by -1.3% to $X. In general, consumption showed a relatively flat trend pattern. Non-medical x-ray consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Non-Medical X-Ray Production in Malaysia

In value terms, non-medical x-ray production shrank modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 10%. Over the period under review, production attained the maximum level at $X in 2020, and then reduced modestly in the following year.

Non-Medical X-Ray Exports

Exports from Malaysia

In 2021, after three years of decline, there was significant growth in overseas shipments of non-medical x-rays, when their volume increased by 22% to X tons. Over the period under review, exports saw a tangible increase. The most prominent rate of growth was recorded in 2014 with an increase of 78% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-medical x-ray exports skyrocketed to $X in 2021. Overall, exports posted a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 79% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), the United Arab Emirates (X tons) and China (X tons) were the main destinations of non-medical x-ray exports from Malaysia, with a combined 40% share of total exports. India, Mexico, Germany, South Korea, Thailand, Qatar, Japan, Saudi Arabia, Taiwan (Chinese) and Indonesia lagged somewhat behind, together comprising a further 37%.

From 2012 to 2021, the biggest increases were recorded for Thailand (with a CAGR of +29.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-medical x-ray exported from Malaysia were the United States ($X), China ($X) and India ($X), together accounting for 39% of total exports. Mexico, Germany, South Korea, Thailand, Qatar, Japan, Saudi Arabia, Taiwan (Chinese), Indonesia and the United Arab Emirates lagged somewhat behind, together comprising a further 36%.

Among the main countries of destination, Thailand, with a CAGR of +32.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average non-medical x-ray export price amounted to $X per ton, which is down by -3.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2016 when the average export price increased by 33%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Indonesia ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Medical X-Ray Imports

Imports into Malaysia

In 2021, supplies from abroad of non-medical x-rays increased by 327% to X tons, rising for the second consecutive year after two years of decline. In general, imports continue to indicate prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-medical x-ray imports soared to $X in 2021. Overall, imports showed a perceptible increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest non-medical x-ray supplier to Malaysia, accounting for a 50% share of total imports. Moreover, non-medical x-ray imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was held by Japan (X tons), with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +44.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.0% per year) and Japan (+3.2% per year).

In value terms, China ($X) constituted the largest supplier of non-medical x-rays to Malaysia, comprising 50% of total imports. The second position in the ranking was held by Germany ($X), with an 8.5% share of total imports. It was followed by Japan, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +38.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.8% per year) and Japan (-0.9% per year).

Import Prices by Country

The average non-medical x-ray import price stood at $X per ton in 2021, dropping by -41.3% against the previous year. Over the period under review, the import price saw a pronounced descent. The growth pace was the most rapid in 2016 an increase of 33%. Over the period under review, average import prices attained the peak figure at $X per ton in 2020, and then fell significantly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were China ($X per ton) and Japan ($X per ton), while the price for France ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-4.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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