Thailand: X-Ray Apparatus Market 2025

X-Ray Apparatus Market Size in Thailand

The Thai x-ray apparatus market expanded markedly to $X in 2022, surging by 7.9% against the previous year. In general, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +31.1% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

X-Ray Apparatus Production in Thailand

In value terms, x-ray apparatus production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2014 when the production volume increased by 142%. X-ray apparatus production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

X-Ray Apparatus Exports

Exports from Thailand

In 2022, approx. X units of x-ray apparatus were exported from Thailand; picking up by 21% compared with the previous year's figure. Overall, exports, however, saw a deep contraction. The pace of growth was the most pronounced in 2015 with an increase of 346% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, x-ray apparatus exports reduced remarkably to $X in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 77% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X units), Cambodia (X units) and Hong Kong SAR (X units) were the main destinations of x-ray apparatus exports from Thailand, together comprising 22% of total exports. France, Lao People's Democratic Republic, China, Australia, the United States, South Korea, the UK, Taiwan (Chinese), the Netherlands and Singapore lagged somewhat behind, together comprising a further 19%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +32.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Lao People's Democratic Republic ($X) remains the key foreign market for x-ray apparatus exports from Thailand, comprising 21% of total exports. The second position in the ranking was held by Japan ($X), with a 5.6% share of total exports. It was followed by South Korea, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value to Lao People's Democratic Republic amounted to +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-4.9% per year) and South Korea (+7.8% per year).

Export Prices by Country

The average x-ray apparatus export price stood at $X per unit in 2022, falling by -40% against the previous year. Overall, the export price, however, showed resilient growth. The growth pace was the most rapid in 2016 an increase of 316% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per unit), while the average price for exports to Cambodia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+32.7%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Apparatus Imports

Imports into Thailand

In 2022, the amount of x-ray apparatus imported into Thailand soared to X units, surging by 36% on the year before. In general, imports saw a noticeable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, x-ray apparatus imports totaled $X in 2022. Over the period under review, imports showed slight growth. The pace of growth was the most pronounced in 2019 with an increase of 28%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

South Korea (X units), France (X units) and China (X units) were the main suppliers of x-ray apparatus imports to Thailand, with a combined 34% share of total imports. Japan, Taiwan (Chinese), Germany, Italy, Finland, the United States and the Netherlands lagged somewhat behind, together comprising a further 14%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of +31.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest x-ray apparatus suppliers to Thailand were Japan ($X), China ($X) and France ($X), with a combined 24% share of total imports. The Netherlands, Germany, the United States, South Korea, Italy, Taiwan (Chinese) and Finland lagged somewhat behind, together accounting for a further 18%.

Taiwan (Chinese), with a CAGR of +22.7%, 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

The average x-ray apparatus import price stood at $X per unit in 2022, shrinking by -25.9% against the previous year. Over the period under review, the import price continues to indicate a mild decline. The growth pace was the most rapid in 2015 when the average import price increased by 33%. Over the period under review, average import prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 the Netherlands ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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