Vietnam: Non-Medical X-Ray Market 2025

Non-Medical X-Ray Market Size in Vietnam

For the third year in a row, the Vietnamese non-medical x-ray market recorded growth in sales value, which increased by 30% to $X in 2021. In general, consumption enjoyed a buoyant expansion. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Non-Medical X-Ray Exports

Exports from Vietnam

Non-medical x-ray exports from Vietnam surged to X tons in 2021, with an increase of 104% against 2020 figures. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 512% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, non-medical x-ray exports surged to $X in 2021. In general, exports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 481% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Cambodia (X tons), Japan (X tons) and Malaysia (X tons) were the main destinations of non-medical x-ray exports from Vietnam, with a combined 71% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +59.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Japan ($X) and Cambodia ($X) were the largest markets for non-medical x-ray exported from Vietnam worldwide, together comprising 65% of total exports.

Japan, with a CAGR of +54.7%, saw the highest rates of growth with regard to the value of exports, in terms of 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 non-medical x-ray export price amounted to $X per ton, picking up by 11% against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Singapore ($X per ton), while the average price for exports to Cambodia ($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 Lao People's Democratic Republic (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Medical X-Ray Imports

Imports into Vietnam

For the third consecutive year, Vietnam recorded growth in supplies from abroad of non-medical x-rays, which increased by 23% to X tons in 2021. Over the period under review, imports continue to indicate a prominent increase. The growth pace was the most rapid in 2016 with an increase of 82%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, non-medical x-ray imports surged to $X in 2021. Overall, imports showed a prominent expansion. The pace of growth was the most pronounced in 2014 when imports increased by 80% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

South Korea (X tons), Germany (X tons) and China (X tons) were the main suppliers of non-medical x-ray imports to Vietnam, with a combined 53% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +47.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-medical x-ray suppliers to Vietnam were the United States ($X), Italy ($X) and Germany ($X), together accounting for 45% of total imports.

Italy, with a CAGR of +50.4%, saw the highest rates of growth with regard to 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 2021, the average non-medical x-ray import price amounted to $X per ton, surging by 9.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2018 when the average import price increased by 19%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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