Global X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size

The global x-ray examination preparations market totaled $X in 2022, growing by 3.4% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the global market failed to regain momentum.

X-Ray Examination Preparations Production

In value terms, x-ray examination preparations production stood at $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 11%. As a result, production attained the peak level of $X. From 2021 to 2022, global production growth remained at a lower figure.

X-Ray Examination Preparations Exports

Exports

In 2022, overseas shipments of opacifying preparations for x-ray examinations increased by 1.4% to X tons, rising for the eighth consecutive year after two years of decline. The total export volume increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 10%. Over the period under review, the global exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, x-ray examination preparations exports declined sharply to $X in 2022. The total export value increased at an average annual rate of +1.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 13%. As a result, the exports reached the peak of $X, and then reduced dramatically in the following year.

Exports by Country

Germany (X tons), China (X tons), Ireland (X tons) and Italy (X tons) represented roughly 72% of total exports in 2022. Canada (X tons) took the next position in the ranking, followed by France (X tons). All these countries together took approx. 12% share of total exports. Belgium (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +32.2%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Ireland ($X) were the countries with the highest levels of exports in 2022, together comprising 55% of global exports. Italy, France, Belgium and Canada lagged somewhat behind, together accounting for a further 25%.

Belgium, with a CAGR of +29.3%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average x-ray examination preparations export price stood at $X per ton in 2022, falling by -18.9% against the previous year. In general, the export price continues to indicate a mild descent. The pace of growth was the most pronounced in 2018 when the average export price increased by 6.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.2%), while the other global leaders experienced a decline in the export price figures.

X-Ray Examination Preparations Imports

Imports

In 2022, supplies from abroad of opacifying preparations for x-ray examinations decreased by -7.2% to X tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 12%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, x-ray examination preparations imports declined to $X in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 10% against the previous year. Global imports peaked at $X in 2021, and then reduced slightly in the following year.

Imports by Country

The United States was the largest importing country with an import of around X tons, which amounted to 36% of total imports. It was distantly followed by France (X tons), China (X tons) and Germany (X tons), together committing a 17% share of total imports. Japan (X tons), Canada (X tons), South Korea (X tons), Brazil (X tons), the UK (X tons), India (X tons), Hong Kong SAR (X tons) and Spain (X tons) took a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to x-ray examination preparations imports into the United States stood at +1.6%. At the same time, India (+17.3%), Canada (+12.3%), Hong Kong SAR (+12.1%), France (+10.9%), China (+10.5%), South Korea (+7.9%) and Spain (+4.1%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +17.3% from 2012-2022. Brazil, Japan and the UK experienced a relatively flat trend pattern. By contrast, Germany (-1.3%) illustrated a downward trend over the same period. France (+3.8 p.p.), China (+2.7 p.p.), Canada (+1.8 p.p.) and India (+1.6 p.p.) significantly strengthened its position in terms of the global imports, while Germany and the United States saw its share reduced by -2.2% and -3.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported opacifying preparations for x-ray examinations worldwide, comprising 29% of global imports. The second position in the ranking was taken by China ($X), with a 9.7% share of global imports. It was followed by France, with a 5.7% share.

In the United States, x-ray examination preparations imports expanded at an average annual rate of +4.8% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: China (+11.7% per year) and France (+4.3% per year).

Import Prices by Country

The average x-ray examination preparations import price stood at $X per ton in 2022, rising by 3.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 9.6% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.1%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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