India: Non-Medical X-Ray Market 2024

Non-Medical X-Ray Market Size in India

The Indian non-medical x-ray market contracted to $X in 2022, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Non-medical x-ray consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Non-Medical X-Ray Production in India

In value terms, non-medical x-ray production totaled $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Non-medical x-ray production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Non-Medical X-Ray Exports

Exports from India

For the fourth consecutive year, India recorded growth in shipments abroad of non-medical x-rays, which increased by X% to X units in 2022. Over the period under review, exports, however, showed a deep reduction. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, non-medical x-ray exports skyrocketed to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Maldives (X units) was the main destination for non-medical x-ray exports from India, accounting for a X% share of total exports. Moreover, non-medical x-ray exports to Maldives exceeded the volume sent to the second major destination, the United States (X units), twofold. The third position in this ranking was held by Kenya (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Maldives totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Kenya (X% per year).

In value terms, Kenya ($X), China ($X) and Germany ($X) constituted the largest markets for non-medical x-ray exported from India worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Kenya, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, 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 non-medical x-ray export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Medical X-Ray Imports

Imports into India

In 2022, purchases abroad of non-medical x-rays increased by X% to X units, rising for the second year in a row after three years of decline. In general, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, non-medical x-ray imports dropped to $X in 2022. Overall, imports posted resilient growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Malaysia (X units), China (X units) and the United States (X units) were the main suppliers of non-medical x-ray imports to India, with a combined X% share of total imports. Germany, Japan and Singapore lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-medical x-ray suppliers to India were Germany ($X), the United States ($X) and Malaysia ($X), with a combined X% share of total imports. Singapore, China and Japan lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The average non-medical x-ray import price stood at $X per unit in 2022, falling by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :