Eastern Asia: Non-Medical X-Ray Market 2024

Non-Medical X-Ray Market Size in Eastern Asia

In 2023, the East Asian non-medical x-ray market decreased by X% to $X, falling for the third year in a row after two years of growth. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2023, consumption remained at a lower figure.

Non-Medical X-Ray Production in Eastern Asia

In value terms, non-medical x-ray production dropped to $X in 2023 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. The level of production peaked at $X in 2017; however, from 2018 to 2023, production stood at a somewhat lower figure.

Non-Medical X-Ray Exports

Exports in Eastern Asia

In 2023, the amount of non-medical x-rays exported in Eastern Asia soared to X units, rising by X% against 2022. Over the period under review, exports continue to indicate prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-medical x-ray exports rose markedly to $X in 2023. Total exports indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The level of export peaked in 2023 and is likely to continue growth in years to come.

Exports by Country

In 2023, China (X units) represented the key exporter of non-medical x-rays, achieving X% of total exports. It was distantly followed by Japan (X units), constituting a X% share of total exports. The following exporters - Taiwan (Chinese) (X units), Hong Kong SAR (X units) and South Korea (X units) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to non-medical x-ray exports from China stood at X%. At the same time, Taiwan (Chinese) (X%), South Korea (X%), Hong Kong SAR (X%) and Japan (X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of China and Taiwan (Chinese) increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and South Korea ($X) were the countries with the highest levels of exports in 2023, with a combined X% share of total exports. Taiwan (Chinese) and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Eastern Asia amounted to $X per unit, declining by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was South Korea ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced mixed trends in the export price figures.

Non-Medical X-Ray Imports

Imports in Eastern Asia

In 2023, purchases abroad of non-medical x-rays decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X units. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, non-medical x-ray imports expanded remarkably to $X in 2023. Total imports indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. The level of import peaked in 2023 and is likely to see gradual growth in years to come.

Imports by Country

In 2023, China (X units) represented the key importer of non-medical x-rays, mixing up X% of total imports. South Korea (X units) held the second position in the ranking, distantly followed by Taiwan (Chinese) (X units), Hong Kong SAR (X units) and Japan (X units). All these countries together took approx. X% share of total imports.

Imports into China increased at an average annual rate of X% from 2012 to 2023. At the same time, South Korea (X%), Taiwan (Chinese) (X%) and Hong Kong SAR (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of X% from 2012-2023. By contrast, Japan (X%) illustrated a downward trend over the same period. China (X p.p.), South Korea (X p.p.) and Taiwan (Chinese) (X p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR and Japan saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, China ($X) constitutes the largest market for imported non-medical x-rays in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with an X% share of total imports. It was followed by Japan, with an X% share.

From 2012 to 2023, the average annual growth rate of value in China totaled X%. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Import Prices by Country

In 2023, the import price in Eastern Asia amounted to $X per unit, rising by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform