New Zealand: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in New Zealand

After four years of growth, the New Zealand x-ray examination preparations market decreased by -0.4% to $X in 2022. Over the period under review, consumption enjoyed a resilient expansion. X-ray examination preparations consumption peaked at $X in 2021, and then reduced in the following year.

X-Ray Examination Preparations Exports

Exports from New Zealand

In 2022, x-ray examination preparations exports from New Zealand fell to X kg, with a decrease of -13.9% on 2021 figures. In general, exports faced a significant decrease. The pace of growth was the most pronounced in 2021 when exports increased by 554% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, x-ray examination preparations exports skyrocketed to $X in 2022. Overall, exports faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 685%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X kg) was the main destination for x-ray examination preparations exports from New Zealand, accounting for a 73% share of total exports. Moreover, x-ray examination preparations exports to Australia exceeded the volume sent to the second major destination, French Polynesia (X kg), fourfold. The third position in this ranking was taken by Cook Islands (X kg), with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia stood at +43.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: French Polynesia (-36.2% per year) and Cook Islands (-1.8% per year).

In value terms, Australia ($X) remains the key foreign market for opacifying preparations for x-ray examinations exports from New Zealand, comprising 72% of total exports. The second position in the ranking was taken by French Polynesia ($X), with a 21% share of total exports. It was followed by New Caledonia, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia stood at +48.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: French Polynesia (-28.8% per year) and New Caledonia (+13.9% per year).

Export Prices by Country

The average x-ray examination preparations export price stood at $X per ton in 2022, growing by 50% against the previous year. Overall, the export price recorded resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was New Caledonia ($X per ton), while the average price for exports to Cook Islands ($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 Fiji (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Examination Preparations Imports

Imports into New Zealand

For the fourth consecutive year, New Zealand recorded growth in supplies from abroad of opacifying preparations for x-ray examinations, which increased by 8% to X tons in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, x-ray examination preparations imports contracted modestly to $X in 2022. In general, imports recorded a prominent expansion. The growth pace was the most rapid in 2014 when imports increased by 33% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced modestly in the following year.

Imports by Country

China (X tons), Germany (X tons) and France (X tons) were the main suppliers of x-ray examination preparations imports to New Zealand, together comprising 72% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +31.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Spain ($X) were the largest x-ray examination preparations suppliers to New Zealand, with a combined 76% share of total imports. The United States, France, Australia, Norway and Canada lagged somewhat behind, together comprising a further 20%.

In terms of the main suppliers, France, with a CAGR of +21.3%, saw the highest growth rate of the value of imports, 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 examination preparations import price stood at $X per ton in 2022, dropping by -10.8% against the previous year. In general, the import price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 53%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for France ($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 (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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