Spain: Non-Medical X-Ray Market 2024

Non-Medical X-Ray Market Size in Spain

The Spanish non-medical x-ray market skyrocketed to $X in 2021, increasing by 83% against the previous year. Overall, consumption continues to indicate a significant increase. Non-medical x-ray consumption peaked in 2021 and is likely to see steady growth in years to come.

Non-Medical X-Ray Production in Spain

In value terms, non-medical x-ray production stood at $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. Non-medical x-ray production peaked in 2021 and is likely to continue growth in years to come.

Non-Medical X-Ray Exports

Exports from Spain

In 2021, overseas shipments of non-medical x-rays were finally on the rise to reach X tons after two years of decline. In general, exports recorded a buoyant increase. The pace of growth appeared the most rapid in 2017 with an increase of 255%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, non-medical x-ray exports surged to $X in 2021. Overall, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of 383%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Portugal (X tons), the UK (X tons) and Greece (X tons) were the main destinations of non-medical x-ray exports from Spain, together accounting for 59% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +230.5%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Greece ($X) and Portugal ($X) were the largest markets for non-medical x-ray exported from Spain worldwide, together accounting for 60% of total exports.

Greece, with a CAGR of +238.9%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average non-medical x-ray export price amounted to $X per ton, picking up by 31% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2021: its price 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, non-medical x-ray export price decreased by -8.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 36% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Honduras ($X per ton), while the average price for exports to Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+15.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Medical X-Ray Imports

Imports into Spain

In 2021, purchases abroad of non-medical x-rays increased by 6.8% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, imports posted strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 173% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, non-medical x-ray imports totaled $X in 2021. In general, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2017 when imports increased by 227% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of non-medical x-ray to Spain, accounting for a 62% share of total imports. Moreover, non-medical x-ray imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+28.2% per year) and the United States (-2.6% per year).

In value terms, Germany ($X), the UK ($X) and the United States ($X) were the largest non-medical x-ray suppliers to Spain, together accounting for 81% of total imports. These countries were followed by Denmark, China and Malaysia, which together accounted for a further 5.9%.

Denmark, with a CAGR of +184.8%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average non-medical x-ray import price amounted to $X per ton, surging by 3.9% against the previous year. In general, the import price, however, showed a slight contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 145%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Denmark ($X per ton), while the price for Malaysia ($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 UK (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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