Germany Tops the U.S. in Exports of X-Ray Apparatus in 2014, $3.1B vs. $1.7B

Irradiation, Electromedical And Electrotherapeutic Equipment June 21, 2015
Author: Olga Minchina
Account Manager

Germany, with the help of U.S. imports, dominated the global x-ray apparatus trade. In 2014, Germany supplied 24.7% of its total x-ray apparatus exports into the U.S., accounting for 37.0% of total U.S. imports.

The global x-ray apparatus trade, overall, though, dropped to 9.4 billion USD, with a CAGR of -1.0% from 2007 to 2014. In physical terms, it showed a steady decline, falling from 83.4 thousand tonnes in 2007 to 73.3 thousand tonnes in 2014.

In 2014, China (22.8%), the U.S. (22.1%), Japan (8.1%), Germany (4.6%) and France (3.6%) were the leading destinations of x-ray apparatus imports, together making up 61.1% of global imports. The share of China increased significantly (+12 percentage points respectively), while the share of the U.S. illustrated negative dynamics (-1 percentage points).

In 2014, Germany and the U.S. were the main global suppliers of x-ray apparatus with a combined share of 51.4% of global exports. However, the fastest growing exporters from 2007 to 2014 were the United Kingdom (+19.7% per year) and China (+7.5% per year). The United Kingdom significantly strengthened its position in the global export structure, from 1.9% in 2007 to 7.1% in 2014.

Source: World: X-Ray Apparatus - Market Report. Analysis and Forecast to 2020