Sweden: X-Ray Generator Market 2024

X-Ray Generator Market Size in Sweden

The Swedish x-ray generator market shrank to $X in 2021, reducing by -6.4% against the previous year. In general, consumption, however, showed a slight setback. X-ray generator consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

X-Ray Generator Production in Sweden

In value terms, x-ray generator production dropped markedly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 55% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

X-Ray Generator Exports

Exports from Sweden

After two years of growth, shipments abroad of x-ray generators decreased by -8.2% to X tons in 2021. In general, exports recorded a perceptible decline. The growth pace was the most rapid in 2020 with an increase of 25%. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, x-ray generator exports dropped to $X in 2021. Over the period under review, exports continue to indicate a pronounced decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 40% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for x-ray generator exports from Sweden, with a 41% share of total exports. Moreover, x-ray generator exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), threefold. The third position in this ranking was held by Japan (X tons), with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-3.3% per year) and Japan (+17.2% per year).

In value terms, the Netherlands ($X), Germany ($X) and Japan ($X) appeared to be the largest markets for x-ray generator exported from Sweden worldwide, together accounting for 42% of total exports. The United States, Denmark, Finland, China, Norway, the UK, Thailand, France, the Czech Republic and Estonia lagged somewhat behind, together accounting for a further 40%.

The Czech Republic, with a CAGR of +112.0%, saw the highest growth rate of the value of exports, among 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 x-ray generator export price amounted to $X per ton, falling by -3.3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 24%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Germany ($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 the United States (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Generator Imports

Imports into Sweden

In 2021, the amount of x-ray generators imported into Sweden contracted to X tons, declining by -7.2% on the previous year's figure. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 58% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, x-ray generator imports fell to $X in 2021. In general, imports showed a noticeable descent. The growth pace was the most rapid in 2018 when imports increased by 24% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Lithuania (X tons) were the main suppliers of x-ray generator imports to Sweden, together accounting for 66% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +157.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and the United States ($X) constituted the largest x-ray generator suppliers to Sweden, with a combined 72% share of total imports. France, the UK, Finland, Denmark, Switzerland, China, Lithuania, Italy, Ireland and Hungary lagged somewhat behind, together accounting for a further 20%.

Lithuania, with a CAGR of +130.7%, saw the highest rates of growth with regard to 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

The average x-ray generator import price stood at $X per ton in 2021, waning by -3.8% against the previous year. Over the period under review, the import price saw a noticeable slump. The pace of growth was the most pronounced in 2016 an increase of 31% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :