Ukraine: X-Ray Generator Market 2024

X-Ray Generator Market Size in Ukraine

In 2021, after two years of growth, there was significant decline in the Ukrainian x-ray generator market, when its value decreased by -9.8% to $X. The market value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, consumption reached the peak level of $X, and then reduced in the following year.

X-Ray Generator Production in Ukraine

In value terms, x-ray generator production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 29%. As a result, production reached the peak level of $X, and then shrank in the following year.

X-Ray Generator Exports

Exports from Ukraine

After two years of decline, shipments abroad of x-ray generators increased by 26% to X tons in 2021. Overall, exports, however, saw a perceptible contraction. The growth pace was the most rapid in 2018 when exports increased by 91% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, x-ray generator exports soared to $X in 2021. In general, exports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2018 when exports increased by 43%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tons), the United States (X tons) and Denmark (X kg) were the main destinations of x-ray generator exports from Ukraine, together accounting for 81% of total exports. These countries were followed by Finland, Italy, South Korea, Germany, France and Spain, which together accounted for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of +135.1%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for x-ray generators exports from Ukraine, comprising 49% of total exports. The second position in the ranking was held by Russia ($X), with a 24% share of total exports. It was followed by Finland, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-7.9% per year) and Finland (+94.5% per year).

Export Prices by Country

In 2021, the average x-ray generator export price amounted to $X per ton, declining by -6% against the previous year. In general, the export price saw a perceptible contraction. The pace of growth was the most pronounced in 2020 an increase of 25% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Germany ($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 Spain (+4.2%), while the prices for the other major destinations experienced mixed trend patterns.

X-Ray Generator Imports

Imports into Ukraine

In 2021, x-ray generator imports into Ukraine soared to X tons, jumping by 78% compared with 2020. Overall, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, x-ray generator imports surged to $X in 2021. Over the period under review, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of x-ray generator to Ukraine, with a 28% share of total imports. Moreover, x-ray generator imports from Belgium exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. China (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium totaled +45.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+16.8% per year) and China (+50.0% per year).

In value terms, Belgium ($X), the UK ($X) and South Korea ($X) constituted the largest x-ray generator suppliers to Ukraine, together accounting for 38% of total imports. China, Japan, the United States, Canada, Germany, France, Italy, Switzerland, Poland and India lagged somewhat behind, together comprising a further 53%.

Poland, with a CAGR of +184.0%, recorded 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

The average x-ray generator import price stood at $X per ton in 2021, falling by -14.4% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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