Republic of Korea - X-Ray Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingX-Ray Apparatus Price in South Korea - 2022
Contents:
- X-Ray Apparatus Price in South Korea (FOB) - 2022
- X-Ray Apparatus Price in South Korea (CIF) - 2022
- X-Ray Apparatus Exports in South Korea
- X-Ray Apparatus Imports in South Korea
X-Ray Apparatus Price in South Korea (FOB) - 2022
In December 2022, the average x-ray apparatus export price amounted to $14,132 per unit, rising by 19% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Hungary ($39,362 per unit), while the average price for exports to Turkey ($2,548 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
X-Ray Apparatus Price in South Korea (CIF) - 2022
In 2022, the average x-ray apparatus import price amounted to $46,995 per unit, reducing by -11.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2021 an increase of 15% against the previous year. The import price peaked at $55,031 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($93,433 per unit), while the price for Brazil ($1,948 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+58.1%), while the prices for the other major suppliers experienced more modest paces of growth.
X-Ray Apparatus Exports in South Korea
In 2022, after three years of growth, there was significant decline in overseas shipments of x-ray apparatus, when their volume decreased by -12.7% to 52K units. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 81%. As a result, the exports attained the peak of 59K units, and then reduced in the following year.
In value terms, x-ray apparatus exports reduced to $505M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 25%. As a result, the exports attained the peak of $560M, and then dropped in the following year.
| Export of X-Ray Apparatus in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 96.8 | 80.6 | 102 | 82.7 | -5.1% |
| United States | 73.9 | 71.9 | 90.8 | 68.5 | -2.5% |
| Russia | 20.4 | 24.7 | 36.0 | 32.8 | 17.2% |
| France | 23.2 | 17.6 | 29.4 | 24.1 | 1.3% |
| Japan | 19.7 | 14.4 | 24.3 | 22.3 | 4.2% |
| Germany | 19.1 | 15.4 | 19.7 | 20.9 | 3.0% |
| Vietnam | 19.7 | 16.7 | 20.9 | 18.0 | -3.0% |
| Ukraine | 1.4 | 4.4 | 3.9 | 15.0 | 120.5% |
| Thailand | 9.9 | 10.6 | 13.0 | 12.8 | 8.9% |
| Turkey | 8.1 | 10.7 | 12.0 | 11.9 | 13.7% |
| Brazil | 5.5 | 5.4 | 10.7 | 9.5 | 20.0% |
| India | 14.5 | 7.9 | 13.1 | 9.4 | -13.5% |
| Others | 137 | 169 | 184 | 177 | 8.9% |
| Total | 450 | 449 | 560 | 505 | 3.9% |
Top Export Markets for X-Ray Apparatus from South Korea in 2022:
- United States (13.1K units)
- Russia (5.0K units)
- France (4.2K units)
- Germany (3.5K units)
- China (3.2K units)
- Japan (2.9K units)
- Brazil (2.7K units)
- India (2.1K units)
- Turkey (1.6K units)
- Vietnam (1.5K units)
- Ukraine (0.8K units)
- Thailand (0.8K units)
X-Ray Apparatus Imports in South Korea
X-ray apparatus imports into South Korea skyrocketed to 7.2K units in 2022, rising by 17% against the previous year's figure. Overall, imports recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at 7.6K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, x-ray apparatus imports stood at $339M in 2022. The total import value increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 14% against the previous year. As a result, imports attained the peak of $350M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of X-Ray Apparatus in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 96.3 | 95.6 | 80.5 | 90.0 | -2.2% |
| Japan | 54.8 | 72.1 | 69.0 | 84.0 | 15.3% |
| United States | 65.9 | 80.5 | 86.1 | 51.2 | -8.1% |
| China | 16.2 | 20.7 | 30.4 | 35.0 | 29.3% |
| Netherlands | 17.3 | 19.2 | 17.1 | 23.5 | 10.7% |
| Israel | 10.2 | 24.0 | 9.9 | 12.0 | 5.6% |
| Malaysia | 4.3 | 4.5 | 7.2 | 10.1 | 32.9% |
| Czech Republic | 4.0 | 7.9 | 5.9 | 8.3 | 27.5% |
| United Kingdom | 19.2 | 4.5 | 3.5 | 6.0 | -32.1% |
| Mexico | 1.9 | 2.5 | 3.5 | 3.7 | 24.9% |
| France | 6.3 | 6.3 | 3.9 | 3.2 | -20.2% |
| India | 0.5 | 0.9 | 0.3 | 0.7 | 11.9% |
| Brazil | 0.4 | 1.2 | N/A | 0.5 | 7.7% |
| Others | 10.9 | 10.2 | 11.4 | 11.3 | 1.2% |
| Total | 308 | 350 | 329 | 339 | 3.2% |
Top Suppliers of X-Ray Apparatus to South Korea in 2022:
- Germany (1474.0 units)
- China (1435.0 units)
- Japan (899.0 units)
- United States (762.0 units)
- Malaysia (402.0 units)
- Netherlands (388.0 units)
- Brazil (277.0 units)
- India (231.0 units)
- Czech Republic (222.0 units)
- Mexico (190.0 units)
- Israel (149.0 units)
- France (120.0 units)
- United Kingdom (88.0 units)
This report provides an in-depth analysis of the x-ray apparatus market in Republic of Korea. 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 26601115 - Apparatus based on the use of X-rays, for medical, surgical, d ental or veterinary uses (including radiography and radiotherapy apparatus)
- Prodcom 26601119 - Apparatus based on the use of X-rays (excluding for medical, s urgical, dental or veterinary use)
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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