Middle East: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in the Middle East

The Middle Eastern x-ray examination preparations market reduced to $X in 2022, falling by -6.2% against the previous year. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

X-Ray Examination Preparations Production in the Middle East

In value terms, x-ray examination preparations production fell modestly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 67% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

X-Ray Examination Preparations Exports

Exports in the Middle East

In 2022, shipments abroad of opacifying preparations for x-ray examinations increased by 30% to X tons, rising for the sixth consecutive year after two years of decline. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 165% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, x-ray examination preparations exports skyrocketed to $X in 2022. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of 122%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Turkey prevails in exports structure, finishing at X tons, which was near 96% of total exports in 2022. The United Arab Emirates (X tons) followed a long way behind the leaders.

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. From 2012 to 2022, the share of Turkey increased by +90 percentage points.

In value terms, Turkey ($X) remains the largest x-ray examination preparations supplier in the Middle East, comprising 93% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 5.3% share of total exports.

In Turkey, x-ray examination preparations exports expanded at an average annual rate of +57.8% over the period from 2012-2022.

Export Prices by Country

The export price in the Middle East stood at $X per ton in 2022, declining by -4.7% against the previous year. Over the period under review, the export price recorded a noticeable setback. The growth pace was the most rapid in 2015 an increase of 97%. As a result, the export price reached 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 the United Arab Emirates ($X per ton), while Turkey totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.5%).

X-Ray Examination Preparations Imports

Imports in the Middle East

In 2022, overseas purchases of opacifying preparations for x-ray examinations decreased by -1.9% to X tons, falling for the third year in a row after three years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by 16%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, x-ray examination preparations imports declined to $X in 2022. Total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.9% 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 -26.8% against 2019 indices. The pace of growth appeared the most rapid in 2019 when imports increased by 58% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Israel (X tons), Saudi Arabia (X tons), Iran (X tons) and Turkey (X tons) represented roughly 73% of total imports in 2022. It was distantly followed by the United Arab Emirates (X tons) and Jordan (X tons), together comprising a 13% share of total imports. Iraq (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +14.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), Saudi Arabia ($X) and Turkey ($X) were the countries with the highest levels of imports in 2022, together comprising 61% of total imports. The United Arab Emirates, Israel, Iraq and Jordan lagged somewhat behind, together accounting for a further 27%.

The United Arab Emirates, with a CAGR of +18.8%, 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

In 2022, the import price in the Middle East amounted to $X per ton, with a decrease of -4.2% against the previous year. Import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, x-ray examination preparations import price increased by +43.8% against 2016 indices. The most prominent rate of growth was recorded in 2019 an increase of 42%. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Iran ($X per ton), while Jordan ($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

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