MENA: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in MENA

The MENA's x-ray examination preparations market declined to $X in 2022, approximately mirroring the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

X-Ray Examination Preparations Production in MENA

In value terms, x-ray examination preparations production contracted modestly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 67%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

X-Ray Examination Preparations Exports

Exports in MENA

In 2022, overseas shipments of opacifying preparations for x-ray examinations increased by 35% to X tons, rising for the sixth year in a row after two years of decline. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2017 when exports increased by 251%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, x-ray examination preparations exports surged to $X in 2022. In general, exports posted strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by 123%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.

Exports by Country

Turkey prevails in exports structure, finishing at X tons, which was near 92% of total exports in 2022. The following exporters - Egypt (X tons) and the United Arab Emirates (X tons) - together made up 6.5% of total exports.

Turkey was also the fastest-growing in terms of the opacifying preparations for x-ray examinations exports, with a CAGR of +66.4% from 2012 to 2022. At the same time, the United Arab Emirates (+3.9%) displayed positive paces of growth. By contrast, Egypt (-13.1%) illustrated a downward trend over the same period. While the share of Turkey (+87 p.p.) and Egypt (+3.6 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United Arab Emirates (-13.5 p.p.) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest x-ray examination preparations supplier in MENA, comprising 81% of total exports. The second position in the ranking was taken by Egypt ($X), with a 12% share of total exports.

In Turkey, x-ray examination preparations exports increased at an average annual rate of +57.8% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Egypt (+183.1% per year) and the United Arab Emirates (+10.6% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, increasing by 4.6% against the previous year. Overall, the export price, however, recorded a noticeable decrease. The growth pace was the most rapid in 2015 an increase of 89% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+225.8%), while the other leaders experienced mixed trends in the export price figures.

X-Ray Examination Preparations Imports

Imports in MENA

In 2022, supplies from abroad of opacifying preparations for x-ray examinations was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 25%. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, x-ray examination preparations imports expanded slightly to $X in 2022. Total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 54%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The purchases of the six major importers of opacifying preparations for x-ray examinations, namely Israel, Egypt, Saudi Arabia, Algeria, Iran and Turkey, represented more than two-thirds of total import. It was distantly followed by the United Arab Emirates (X tons), mixing up a 4.9% share of total imports. Morocco (X tons), Jordan (X tons), Tunisia (X tons), Iraq (X tons), Libya (X tons) and Kuwait (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Algeria (with a CAGR of +22.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest x-ray examination preparations importing markets in MENA were Iran ($X), Algeria ($X) and Saudi Arabia ($X), with a combined 48% share of total imports.

Algeria, with a CAGR of +20.5%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, dropping by -9.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2019 an increase of 33%. Over the period under review, import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per ton), while Jordan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+16.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform