Puerto Rico: X-Ray Generator Market 2024

X-Ray Generator Market Size in Puerto Rico

The Puerto Rican x-ray generator market declined to $X in 2021, waning by -7.5% against the previous year. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Puerto Rico consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

X-Ray Generator Production in Puerto Rico

In value terms, x-ray generator production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by 45% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

X-Ray Generator Exports

Exports from Puerto Rico

In 2021, the amount of x-ray generators exported from Puerto Rico was estimated at less than X kg, stabilizing at 2020. In general, exports showed a relatively flat trend pattern.

In value terms, x-ray generator exports amounted to less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.

Exports by Country

China represented the main exporting country with an export of around X tons, which resulted at 39% of total exports. Germany (X tons) took the second position in the ranking, followed by France (X tons), the Netherlands (X tons) and the United States (X tons). All these countries together took near 27% share of total exports. Spain (X tons), the UK (X tons), Japan (X tons), India (X tons), South Korea (X tons), Malaysia (X tons), Belgium (X tons) and Italy (X tons) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +5.0% from 2012 to 2021. At the same time, Malaysia (+16.1%), Spain (+12.6%), Belgium (+9.9%), India (+9.7%) and South Korea (+9.2%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing exporter exported in the world, with a CAGR of +16.1% from 2012-2021. The Netherlands, Japan and Italy experienced a relatively flat trend pattern. By contrast, France (-1.8%), Germany (-3.7%), the UK (-9.1%) and the United States (-9.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China, Spain, Malaysia, India and South Korea increased by +16, +2.9, +2, +1.9 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the United States ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 45% share of total exports. These countries were followed by France, Japan, the Netherlands, South Korea, the UK, Belgium, Spain, India, Italy and Malaysia, which together accounted for a further 39%.

In terms of the main exporting countries, South Korea, with a CAGR of +13.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, leveling off at the previous year. In general, the export price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.0%), while the other leaders experienced more modest paces of growth.

X-Ray Generator Imports

Imports into Puerto Rico

In 2021, the amount of x-ray generators imported into Puerto Rico totaled less than X kg, approximately reflecting 2020 figures. Over the period under review, imports recorded a relatively flat trend pattern.

In value terms, x-ray generator imports amounted to less than $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern.

Imports by Country

Germany (X tons), Japan (X tons), France (X tons), China (X tons), the UK (X tons), the United States (X tons), the Netherlands (X tons) and India (X tons) represented roughly 71% of total imports in 2021. The following importers - Russia (X tons), Spain (X tons), South Korea (X tons) and Finland (X tons) - each finished at a 7.5% share of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +6.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 36% of total imports. These countries were followed by Japan, France, the Netherlands, the UK, India, South Korea, Russia, Spain and Finland, which together accounted for a further 36%.

In terms of the main importing countries, India, with a CAGR of +9.2%, 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 import price in Puerto Rico stood at less than $X per ton in 2021, almost unchanged from the previous year. Over the period under review, the import price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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