U.S.: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in the U.S.

The U.S. x-ray examination preparations market expanded notably to $X in 2022, with an increase of 6.1% against the previous year. In general, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.1% against 2020 indices. X-ray examination preparations consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

X-Ray Examination Preparations Production in the U.S.

In value terms, x-ray examination preparations production skyrocketed to $X in 2022. Over the period under review, production recorded strong growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 194%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

X-Ray Examination Preparations Exports

Exports from the U.S.

In 2022, after two years of decline, there was significant growth in shipments abroad of opacifying preparations for x-ray examinations, when their volume increased by 42% to X tons. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, x-ray examination preparations exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2015 when exports increased by 32% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Canada (X tons) was the main destination for x-ray examination preparations exports from the United States, with a 24% share of total exports. Moreover, x-ray examination preparations exports to Canada exceeded the volume sent to the second major destination, France (X tons), twofold. Chile (X tons) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2022, the average annual growth rate of volume to Canada amounted to +18.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+40.0% per year) and Chile (+1.5% per year).

In value terms, the largest markets for x-ray examination preparations exported from the United States were France ($X), Canada ($X) and Belgium ($X), with a combined 40% share of total exports.

Among the main countries of destination, France, with a CAGR of +56.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average x-ray examination preparations export price amounted to $X per ton, falling by -7.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2020 when the average export price increased by 46%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Examination Preparations Imports

Imports into the U.S.

In 2022, x-ray examination preparations imports into the United States contracted modestly to X tons, approximately equating the year before. The total import volume increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 15%. As a result, imports reached the peak of X tons, and then fell slightly in the following year.

In value terms, x-ray examination preparations imports rose remarkably to $X in 2022. Over the period under review, total imports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.4% against 2012 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 9.2% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Norway (X tons), Canada (X tons) and Germany (X tons) were the main suppliers of x-ray examination preparations imports to the United States, together comprising 80% of total imports.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +43.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest x-ray examination preparations suppliers to the United States were Norway ($X), Germany ($X) and Italy ($X), together accounting for 76% of total imports.

Norway, with a CAGR of +26.6%, saw the highest growth rate of the value of imports, among 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 2022, the average x-ray examination preparations import price amounted to $X per ton, increasing by 7.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20%. Over the period under review, average import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 Ireland ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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