Report Update Nov 1, 2024

Vietnam - X-Ray Tubes - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: X-Ray Tube Market 2024

X-Ray Tube Market Size in Vietnam

The Vietnamese x-ray tube market contracted to $X in 2021, with a decrease of -6.6% 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, however, enjoyed a buoyant increase. X-ray tube consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

X-Ray Tube Exports

Exports from Vietnam

In 2021, the amount of x-ray tubes exported from Vietnam expanded notably to X units, picking up by 5% compared with the previous year's figure. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 257% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, x-ray tube exports declined to $X in 2021. Overall, exports posted a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 287% against the previous year. The exports peaked at $X in 2020, and then dropped in the following year.

Exports by Country

Singapore (X units) was the main destination for x-ray tube exports from Vietnam, with a 48% share of total exports. Moreover, x-ray tube exports to Singapore exceeded the volume sent to the second major destination, India (X units), fivefold. The United States (X units) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2021, the average annual growth rate of volume to Singapore stood at +20.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+23.1% per year) and the United States (+30.5% per year).

In value terms, Singapore ($X) remains the key foreign market for x-ray tubes exports from Vietnam, comprising 56% of total exports. The second position in the ranking was held by India ($X), with an 8.8% share of total exports. It was followed by the United States, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore amounted to +29.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+29.2% per year) and the United States (+55.4% per year).

Export Prices by Country

In 2021, the average x-ray tube export price amounted to $X per unit, falling by -16.4% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by 26% against the previous year. As a result, the export price reached the peak level of $X per unit, and then dropped dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+1,557.0%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Tube Imports

Imports into Vietnam

X-ray tube imports into Vietnam reduced modestly to X units in 2021, remaining constant against 2020 figures. Overall, imports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2014 when imports increased by 61% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, x-ray tube imports reduced to $X in 2021. In general, imports, however, saw a prominent increase. The growth pace was the most rapid in 2014 when imports increased by 78%. Imports peaked at $X in 2020, and then fell in the following year.

Imports by Country

The United States (X units), Singapore (X units) and Germany (X units) were the main suppliers of x-ray tube imports to Vietnam, with a combined 74% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +74.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), the United States ($X) and Germany ($X) appeared to be the largest x-ray tube suppliers to Vietnam, with a combined 77% share of total imports.

Singapore, with a CAGR of +88.2%, 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

In 2021, the average x-ray tube import price amounted to $X per unit, shrinking by -5.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2020 an increase of 16% against the previous year. As a result, import price attained the peak level of $X per unit, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Singapore ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+7.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

South Africa remains the largest x-ray tube consuming country worldwide, comprising approx. 91% of total volume.

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

The countries with the highest volumes of x-ray tube production in 2021 were Germany, the United States and India, with a combined 61% share of global production. These countries were followed by the Netherlands, Russia, Switzerland and Singapore, which together accounted for a further 30%.

What are the leading suppliers of x-ray tubes to Vietnam?

In value terms, the largest x-ray tube suppliers to Vietnam were Singapore, India and Japan, with a combined 59% share of total imports.

What are the leading importers of x-ray tubes from Vietnam?

In value terms, Singapore remains the key foreign market for x-ray tube exports from Vietnam, comprising 56% of total exports. The second position in the ranking was occupied by the United States, with a 23% share of total exports. It was followed by India, with a 7.4% share.

What is the average export price for x-ray tubes in Vietnam?

In 2021, the average x-ray tube export price amounted to $47,657 per unit, with an increase of 22% against the previous year.

What is the average import price for x-ray tubes in Vietnam?

The average x-ray tube import price stood at $19,524 per unit in 2021, with an increase of 5.7% against the previous year.

This report provides an in-depth analysis of the x-ray tube market in Vietnam. 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 26601150 - X-ray tubes (excluding glass envelopes for X-ray tubes)

Country coverage:

Vietnam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Vietnam
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