Russian Federation: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in the Russian Federation

The Russian x-ray examination preparations market was estimated at $X in 2022, with an increase of 2.5% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. X-ray examination preparations consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

X-Ray Examination Preparations Production in the Russian Federation

In value terms, x-ray examination preparations production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 37%. X-ray examination preparations production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

X-Ray Examination Preparations Exports

Exports from the Russian Federation

In 2022, shipments abroad of opacifying preparations for x-ray examinations was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 527%. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, x-ray examination preparations exports soared to $X in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 when exports increased by 1,630% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X tons) was the main destination for x-ray examination preparations exports from Russia, with a 80% share of total exports. Moreover, x-ray examination preparations exports to Ukraine exceeded the volume sent to the second major destination, Jordan (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine stood at +10.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+6,737.7% per year) and Armenia (+41.9% per year).

In value terms, Jordan ($X) emerged as the key foreign market for opacifying preparations for x-ray examinations exports from Russia, comprising 74% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Jordan amounted to +39,726.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (-11.4% per year) and Armenia (+43.4% per year).

Export Prices by Country

In 2022, the average x-ray examination preparations export price amounted to $X per ton, picking up by 8.1% against the previous year. Over the period under review, the export price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 176% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Jordan ($X per ton), while the average price for exports to Ukraine ($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 Jordan (+482.4%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Examination Preparations Imports

Imports into the Russian Federation

In 2022, purchases abroad of opacifying preparations for x-ray examinations was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 30%. Imports peaked 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 expanded sharply to $X in 2022. Over the period under review, imports, however, recorded a noticeable downturn. The growth pace was the most rapid in 2018 when imports increased by 23%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Ireland (X tons) constituted the largest x-ray examination preparations supplier to Russia, accounting for a 82% share of total imports. Moreover, x-ray examination preparations imports from Ireland exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Ireland stood at +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.6% per year) and India (+16.7% per year).

In value terms, the largest x-ray examination preparations suppliers to Russia were Ireland ($X), Germany ($X) and India ($X).

India, with a CAGR of +21.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average x-ray examination preparations import price amounted to $X per ton, waning by -2.2% against the previous year. Over the period under review, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 20% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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