Report Update Nov 1, 2024

Venezuela - X-Ray Apparatus - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: X-Ray Apparatus Market 2024

X-Ray Apparatus Market Size in Venezuela

The Venezuelan x-ray apparatus market fell to $X in 2022, which is down by -9.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a deep reduction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

X-Ray Apparatus Exports

Exports from Venezuela

In 2022, approx. X units of x-ray apparatus were exported from Venezuela; remaining stable against the previous year's figure. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 160%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, x-ray apparatus exports stood at $X in 2022. Overall, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of 30% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units) and Panama (X units) were the main destinations of x-ray apparatus exports from Venezuela.

From 2012 to 2022, the biggest increases were recorded for Panama (with a CAGR of -4.0%).

In value terms, the largest markets for x-ray apparatus exported from Venezuela were Panama ($X) and the United States ($X).

Among the main countries of destination, Panama, with a CAGR of -3.4%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average x-ray apparatus export price stood at $X per unit in 2022, increasing by 3.8% against the previous year. Over the period under review, the export price, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 395% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($X per unit), while the average price for exports to the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+0.6%).

X-Ray Apparatus Imports

Imports into Venezuela

In 2022, x-ray apparatus imports into Venezuela reduced sharply to X units, waning by -15.5% on the previous year's figure. Over the period under review, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of 38%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, x-ray apparatus imports contracted to $X in 2022. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of 31% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of x-ray apparatus to Venezuela, with a 39% share of total imports. Moreover, x-ray apparatus imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. The UK (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from Germany amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-25.6% per year) and the UK (+1.1% per year).

In value terms, Germany ($X) constituted the largest supplier of x-ray apparatus to Venezuela, comprising 37% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 17% share of total imports. It was followed by China, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+20.7% per year) and China (+4.5% per year).

Import Prices by Country

In 2022, the average x-ray apparatus import price amounted to $X per unit, surging by 11% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price 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, x-ray apparatus import price increased by +67.5% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 28%. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+43.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for x-ray apparatus in the world?

The country with the largest volume of x-ray apparatus consumption was China, comprising approx. 22% of total volume. Moreover, x-ray apparatus consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. South Africa ranked third in terms of total consumption with a 9.2% share.

What are the largest producers of x-ray apparatus in the world?

The countries with the highest volumes of x-ray apparatus production in 2021 were China, Germany and the United States, together comprising 50% of global production. These countries were followed by Japan, the UK, South Korea, France, Italy, Russia, Mexico, South Africa, Malaysia and Spain, which together accounted for a further 38%.

What are the leading suppliers of x-ray apparatus to Venezuela?

In value terms, the United States constituted the largest supplier of x-ray apparatus to Venezuela, comprising 55% of total imports. The second position in the ranking was occupied by the UK, with a 26% share of total imports. It was followed by Germany, with a 7.5% share.

What are the leading importers of x-ray apparatus from Venezuela?

In value terms, the United States and Panama were the largest markets for x-ray apparatus exported from Venezuela worldwide.

What is the average export price for x-ray apparatus in Venezuela?

The average x-ray apparatus export price stood at $70,036 per ton in 2021, flattening at the previous year.

What is the average import price for x-ray apparatus in Venezuela?

The average x-ray apparatus import price stood at $109,945 per ton in 2021, growing by 2.8% against the previous year.

This report provides an in-depth analysis of the x-ray apparatus market in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 26601115 - Apparatus based on the use of X-rays, for medical, surgical, d ental or veterinary uses (including radiography and radiotherapy apparatus)
Prodcom 26601119 - Apparatus based on the use of X-rays (excluding for medical, s urgical, dental or veterinary use)

Country coverage:

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023