Peru: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in Peru

In 2022, the Peruvian x-ray examination preparations market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, the total consumption indicated a moderate increase 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, consumption increased by +27.2% against 2018 indices. X-ray examination preparations consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

X-Ray Examination Preparations Exports

Exports from Peru

In 2022, the amount of opacifying preparations for x-ray examinations exported from Peru fell slightly to X kg, declining by -3.6% compared with the previous year's figure. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of 207%. As a result, the exports reached the peak of X kg. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, x-ray examination preparations exports soared to $X in 2022. Overall, exports saw a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of 186%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X kg), Uruguay (X kg) and Bolivia (X kg) were the main destinations of x-ray examination preparations exports from Peru, with a combined 91% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Uruguay (with a CAGR of +560.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the key foreign market for opacifying preparations for x-ray examinations exports from Peru, comprising 73% of total exports. The second position in the ranking was held by Bolivia ($X), with a 19% share of total exports. It was followed by Uruguay, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates amounted to -10.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+42.0% per year) and Uruguay (+276.0% per year).

Export Prices by Country

In 2022, the average x-ray examination preparations export price amounted to $X per ton, with an increase of 31% against the previous year. In general, the export price, however, recorded a abrupt curtailment. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a 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 Bolivia ($X per ton), while the average price for exports to Nicaragua ($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 Panama (+76.9%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Examination Preparations Imports

Imports into Peru

After two years of decline, supplies from abroad of opacifying preparations for x-ray examinations increased by 4.2% to X tons in 2022. In general, imports enjoyed a modest expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 91%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, x-ray examination preparations imports expanded slightly to $X in 2022. Overall, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +3.9% 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 +29.8% against 2018 indices. The most prominent rate of growth was recorded in 2019 with an increase of 85%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

Germany (X tons), Brazil (X tons) and China (X tons) were the main suppliers of x-ray examination preparations imports to Peru, together comprising 71% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +39.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Germany ($X) and the United States ($X) constituted the largest x-ray examination preparations suppliers to Peru, together comprising 58% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +31.1%, recorded the highest rates of growth with regard to 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, which is down by -1.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 21% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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