Bolivia: X-Ray Apparatus Market 2024

X-Ray Apparatus Market Size in Bolivia

The Bolivian x-ray apparatus market was finally on the rise to reach $X in 2022, after three years of decline. Over the period under review, consumption saw tangible growth. X-ray apparatus consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

X-Ray Apparatus Production in Bolivia

In value terms, x-ray apparatus production fell remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

X-Ray Apparatus Exports

Exports from Bolivia

After two years of decline, shipments abroad of x-ray apparatus decreased by X% to X units in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, x-ray apparatus exports fell remarkably to $X in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at $X in 2021, and then reduced dramatically in the following year.

Exports by Country

The United States (X units) was the main destination for x-ray apparatus exports from Bolivia, with a X% share of total exports. Moreover, x-ray apparatus exports to the United States exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. Chile (X units) ranked third in terms of total exports with a X% share.

From 2013 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Chile (X% per year).

In value terms, the United States ($X), Chile ($X) and Germany ($X) constituted the largest markets for x-ray apparatus exported from Bolivia worldwide, together comprising X% of total exports. South Korea lagged somewhat behind, accounting for a further X%.

South Korea, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average x-ray apparatus export price amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, recorded a slight shrinkage. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X.6%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Apparatus Imports

Imports into Bolivia

For the fourth consecutive year, Bolivia recorded growth in overseas purchases of x-ray apparatus, which increased by X% to X units in 2022. Overall, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, x-ray apparatus imports surged to $X in 2022. Over the period under review, imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Argentina (X units) constituted the largest x-ray apparatus supplier to Bolivia, accounting for a X% share of total imports. Moreover, x-ray apparatus imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X units), twofold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Argentina amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Germany (X% per year).

In value terms, the largest x-ray apparatus suppliers to Bolivia were China ($X), Argentina ($X) and Germany ($X), together accounting for X% of total imports. Spain, South Korea, Brazil and Finland lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average x-ray apparatus import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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