Bulgaria: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in Bulgaria

In 2022, the Bulgarian x-ray examination preparations market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

X-Ray Examination Preparations Exports

Exports from Bulgaria

In 2022, exports of opacifying preparations for x-ray examinations from Bulgaria soared to X tons, jumping by X% against 2021 figures. In general, exports enjoyed significant growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, x-ray examination preparations exports soared to $X in 2022. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Greece (X tons) was the main destination for x-ray examination preparations exports from Bulgaria, accounting for a X% share of total exports. Moreover, x-ray examination preparations exports to Greece exceeded the volume sent to the second major destination, Iraq (X tons), fourfold.

From 2015 to 2022, the average annual growth rate of volume to Greece was relatively modest.

In value terms, Greece ($X) emerged as the key foreign market for opacifying preparations for x-ray examinations exports from Bulgaria, comprising X% of total exports. The second position in the ranking was held by Iraq ($X), with a X% share of total exports.

From 2015 to 2022, the average annual growth rate of value to Greece was relatively modest.

Export Prices by Country

In 2022, the average x-ray examination preparations export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price, however, posted a resilient increase. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($X per ton), while the average price for exports to Greece amounted to $X per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (X%).

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X-Ray Examination Preparations Imports

Imports into Bulgaria

In 2022, approx. X tons of opacifying preparations for x-ray examinations were imported into Bulgaria; increasing by X% against the previous year's figure. Overall, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, x-ray examination preparations imports amounted to $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Ireland (X tons) constituted the largest x-ray examination preparations supplier to Bulgaria, accounting for a X% share of total imports. Moreover, x-ray examination preparations imports from Ireland exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. The third position in this ranking was held by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Ireland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Italy (X% per year).

In value terms, Ireland ($X) constituted the largest supplier of opacifying preparations for x-ray examinations to Bulgaria, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ireland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Italy (X% per year).

Import Prices by Country

The average x-ray examination preparations import price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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