Scandinavia: Non-Medical X-Ray Market 2025

Non-Medical X-Ray Market Size in Scandinavia

In 2021, the Scandinavia non-medical x-ray market decreased by -28.3% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption showed a deep reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Non-Medical X-Ray Production in Scandinavia

In value terms, non-medical x-ray production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a deep setback. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Non-Medical X-Ray Exports

Exports in Scandinavia

In 2021, after three years of decline, there was significant growth in overseas shipments of non-medical x-rays, when their volume increased by 59% to X tons. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 163% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, non-medical x-ray exports soared to $X in 2021. Total exports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +24.2% against 2019 indices. The pace of growth appeared the most rapid in 2016 with an increase of 26% against the previous year. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Finland was the main exporting country with an export of around X tons, which accounted for 84% of total exports. It was distantly followed by Denmark (X tons), making up an 11% share of total exports. Sweden (X tons) held a minor share of total exports.

Finland was also the fastest-growing in terms of the non-medical x-rays exports, with a CAGR of +28.8% from 2012 to 2021. At the same time, Denmark (+16.8%) displayed positive paces of growth. By contrast, Sweden (-6.2%) illustrated a downward trend over the same period. While the share of Finland (+39 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Denmark (-3.4 p.p.) and Sweden (-32.5 p.p.) displayed negative dynamics.

In value terms, the largest non-medical x-ray supplying countries in Scandinavia were Finland ($X), Denmark ($X) and Sweden ($X), with a combined 99% share of total exports.

Denmark, with a CAGR of +11.5%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, declining by -22.8% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth was the most pronounced in 2013 when the export price increased by 44% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Denmark ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (-2.4%), while the other leaders experienced a decline in the export price figures.

Non-Medical X-Ray Imports

Imports in Scandinavia

In 2021, non-medical x-ray imports in Scandinavia reached X tons, increasing by 5% compared with 2020 figures. Total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -2.4% against 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 29%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, non-medical x-ray imports dropped to $X in 2021. The total import 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 most prominent rate of growth was recorded in 2020 when imports increased by 22%. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

In 2021, Sweden (X tons), distantly followed by Norway (X tons), Denmark (X tons) and Finland (X tons) were the largest importers of non-medical x-rays, together generating 98% of total imports. Iceland (X tons) held a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +16.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-medical x-ray importing markets in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X), together accounting for 84% of total imports.

Among the main importing countries, Finland, with a CAGR of +6.4%, 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 import price in Scandinavia stood at $X per ton in 2021, dropping by -12.6% against the previous year. Overall, the import price recorded a perceptible decline. The pace of growth appeared the most rapid in 2020 when the import price increased by 31% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Finland ($X per ton), while Iceland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+4.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform