Norway: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in Norway

In 2022, the Norwegian x-ray examination preparations market increased by 1,558% to $X, rising for the second year in a row after three years of decline. Overall, consumption enjoyed a significant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

X-Ray Examination Preparations Production in Norway

In value terms, x-ray examination preparations production contracted remarkably to $X in 2022 estimated in export price. Overall, production showed a buoyant increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by 1,311% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

X-Ray Examination Preparations Exports

Exports from Norway

In 2022, shipments abroad of opacifying preparations for x-ray examinations increased by 14% to X tons, rising for the second consecutive year after two years of decline. Overall, exports showed a prominent increase. The growth pace was the most rapid in 2016 when exports increased by 122% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, x-ray examination preparations exports expanded remarkably to $X in 2022. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of 36%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for x-ray examination preparations exports from Norway, accounting for a 39% share of total exports. Moreover, x-ray examination preparations exports to the United States exceeded the volume sent to the second major destination, China (X tons), fourfold. The third position in this ranking was taken by Ireland (X tons), with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+214.0% per year) and Ireland (+108.4% per year).

In value terms, the United States ($X) remains the key foreign market for opacifying preparations for x-ray examinations exports from Norway, comprising 34% of total exports. The second position in the ranking was taken by France ($X), with a 9.7% share of total exports. It was followed by Germany, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.6% per year) and Germany (+24.6% per year).

Export Prices by Country

In 2022, the average x-ray examination preparations export price amounted to $X per ton, waning by -5.2% against the previous year. In general, the export price, however, posted a moderate increase. The growth pace was the most rapid in 2013 when the average export price increased by 154% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to China ($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 Sweden (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Examination Preparations Imports

Imports into Norway

In 2022, approx. X tons of opacifying preparations for x-ray examinations were imported into Norway; increasing by 18% against the year before. Over the period under review, total imports indicated modest growth from 2012 to 2022: its volume 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 increased by +34.0% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 65%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, x-ray examination preparations imports fell to $X in 2022. In general, imports, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in 2014 with an increase of 51% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Ireland (X tons) constituted the largest x-ray examination preparations supplier to Norway, with a 69% share of total imports. Moreover, x-ray examination preparations imports from Ireland exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The United States (X tons) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2022, the average annual growth rate of volume from Ireland stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.8% per year) and the United States (-2.9% per year).

In value terms, Ireland ($X) constituted the largest supplier of opacifying preparations for x-ray examinations to Norway, comprising 55% of total imports. The second position in the ranking was taken by Italy ($X), with an 11% share of total imports. It was followed by China, with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ireland totaled +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+52.5% per year) and China (-2.4% per year).

Import Prices by Country

In 2022, the average x-ray examination preparations import price amounted to $X per ton, dropping by -20.8% against the previous year. Overall, the import price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of 14%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (-0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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