Australia and Oceania: X-Ray Examination Preparations Market 2023

X-Ray Examination Preparations Exports

Exports in Australia and Oceania

In 2021, after three years of decline, there was significant growth in shipments abroad of opacifying preparations for x-ray examinations, when their volume increased by 52% to X tons. Over the period under review, exports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2015 with an increase of 162%. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, x-ray examination preparations exports skyrocketed to $X in 2021. Overall, exports posted tangible growth. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Australia represented the largest exporter of opacifying preparations for x-ray examinations in Australia and Oceania, with the volume of exports recording X tons, which was approx. 77% of total exports in 2021. It was distantly followed by New Zealand (X kg), constituting a 19% share of total exports. Fiji (X kg) held a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to x-ray examination preparations exports from Australia stood at -11.4%. Fiji (-3.3%) and New Zealand (-20.0%) illustrated a downward trend over the same period. Australia (+16 p.p.) and Fiji (+2.5 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -18.6% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest x-ray examination preparations supplier in Australia and Oceania, comprising 92% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 6.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Australia amounted to +12.5%. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (-19.0% per year) and Fiji (-3.6% per year).

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, jumping by 26% against the previous year. Overall, the export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2014 when the export price increased by 122%. Over the period under review, the export prices reached the maximum in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Australia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+27.0%), while the other leaders experienced mixed trends in the export price figures.

X-Ray Examination Preparations Imports

Imports in Australia and Oceania

In 2021, approx. X tons of opacifying preparations for x-ray examinations were imported in Australia and Oceania; picking up by 9.7% on 2020 figures. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 19% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, x-ray examination preparations imports soared to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.3% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia dominates imports structure, recording X tons, which was approx. 90% of total imports in 2021. It was distantly followed by New Zealand (X tons), achieving a 7.6% share of total imports.

Australia was also the fastest-growing in terms of the opacifying preparations for x-ray examinations imports, with a CAGR of +2.0% from 2012 to 2021. New Zealand (-2.3%) illustrated a downward trend over the same period. While the share of Australia (+3.9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of New Zealand (-3.1 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported opacifying preparations for x-ray examinations in Australia and Oceania, comprising 87% of total imports. The second position in the ranking was taken by New Zealand ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual growth rate of value in Australia stood at +5.8%.

Import Prices by Country

In 2021, the import price in Australia and Oceania amounted to $X per ton, with an increase of 8.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2014 an increase of 25%. Over the period under review, import prices attained the peak figure in 2021 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+10.3%).

Source: IndexBox Market Intelligence Platform

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