Scandinavia: X-Ray Tube Market 2025

X-Ray Tube Exports

Exports in Scandinavia

In 2021, x-ray tube exports in Scandinavia amounted to X units, growing by 7.4% on the previous year's figure. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 182% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, x-ray tube exports surged to $X in 2021. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 63% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

Denmark was the key exporting country with an export of about X units, which amounted to 59% of total exports. It was distantly followed by Sweden (X units), constituting a 33% share of total exports. The following exporters - Finland (X units) and Norway (X units) - each reached a 7.7% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Denmark (with a CAGR of +54.5%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Sweden ($X) and Finland ($X) were the countries with the highest levels of exports in 2021, together comprising 97% of total exports.

Denmark, with a CAGR of +59.9%, 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 more modest paces of growth.

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2021, growing by 8.5% against the previous year. Export price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, x-ray tube export price increased by +26.4% against 2019 indices. The pace of growth was the most pronounced in 2015 when the export price increased by 78% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

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 Finland ($X per unit), while Norway ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+4.3%), while the other leaders experienced more modest paces of growth.

X-Ray Tube Imports

Imports in Scandinavia

In 2021, the amount of x-ray tubes imported in Scandinavia skyrocketed to X units, rising by 42% against 2020 figures. Over the period under review, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2019 when imports increased by 48% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in years to come.

In value terms, x-ray tube imports skyrocketed to $X in 2021. Overall, imports recorded perceptible growth. The most prominent rate of growth was recorded in 2019 when imports increased by 35% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, Denmark (X units) was the key importer of x-ray tubes, constituting 60% of total imports. Sweden (X units) held the second position in the ranking, followed by Finland (X units) and Norway (X units). All these countries together took near 39% share of total imports. Iceland (X units) held a little share of total imports.

Denmark was also the fastest-growing in terms of the x-ray tubes imports, with a CAGR of +27.0% from 2012 to 2021. At the same time, Iceland (+21.1%) and Sweden (+2.2%) displayed positive paces of growth. Norway experienced a relatively flat trend pattern. By contrast, Finland (-7.6%) illustrated a downward trend over the same period. While the share of Denmark (+48 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Norway (-4.2 p.p.), Sweden (-8.3 p.p.) and Finland (-36.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Denmark ($X) constitutes the largest market for imported x-ray tubes in Scandinavia, comprising 47% of total imports. The second position in the ranking was held by Finland ($X), with a 22% share of total imports. It was followed by Sweden, with a 20% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Denmark amounted to +12.8%. The remaining importing countries recorded the following average annual rates of imports growth: Finland (-4.2% per year) and Sweden (-1.3% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2021, which is down by -12.9% against the previous year. In general, the import price continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2013 an increase of 9.4%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+3.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform