Latin America and the Caribbean: Medical X-Ray Market 2020

Medical X-Ray Market Size in Latin America and the Caribbean

The revenue of the medical x-ray market in Latin America and the Caribbean amounted to $X in 2017, going up by X% against the previous year. The medical x-ray consumption continues to indicate a strong growth. The growth pace was the most rapid in 2015, with an increase of X% year-to-year. Over the period under review, the medical x-ray market reached its maximum level in 2017, and is likely to see steady growth in the near future.

Medical X-Ray Production in Latin America and the Caribbean

In 2017, medical x-ray production in Latin America and the Caribbean totaled X units, increasing by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2011, with an increase of X% against the previous year. Over the period under review, the medical x-ray production attained its maximum volume in 2017, and is likely to see steady growth in the immediate term.

Medical X-Ray Exports in Latin America and the Caribbean

In 2017, the amount of medical x-rays exported in Latin America and the Caribbean amounted to X units, surging by X% against the previous year. The medical x-ray exports continue to indicate an abrupt slump. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. Over the period under review, the medical x-ray exports reached its maximum volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, medical x-ray exports totaled $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The level of exports peaked in 2017, and are likely to continue its growth in the near future.

Medical X-Ray Exports by Country in Latin America and the Caribbean

Brazil dominates medical x-ray exports structure, amounting to X units, which was near X% of total exports in 2017. The Dominican Republic (X units) held a X% share (based on tons) of total exports, which put it in second place, followed by Mexico (X%) and Panama (X%). The following exporters - Colombia (X units), Argentina (X units) and Chile (X units) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to medical x-ray exports from Brazil stood at -X%. At the same time, Chile (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest growing exporter in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Mexico experienced a relatively flat trend pattern. By contrast, Panama (-X%), the Dominican Republic (-X%), Colombia (-X%) and Argentina (-X%) illustrated a downward trend over the same period. Brazil (X%), Argentina (X%), Colombia (X%), the Dominican Republic (X%) and Panama (X%) significantly strengthened its position in terms of the global exports, while Chile saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest medical x-ray supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by the Dominican Republic ($X), with a X% share of global exports. It was followed by Mexico, with a X% share.

In Brazil, medical x-ray exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: the Dominican Republic (+X% per year) and Mexico (+X% per year).

Medical X-Ray Export Prices by Country in Latin America and the Caribbean

In 2017, the medical x-ray export price in Latin America and the Caribbean amounted to $X thousand per unit, growing by X% against the previous year. The medical x-ray export price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2009, when it surged by X% y-o-y. Over the period under review, the export prices for medical x-rays reached its maximum level in 2017, and is likely to see steady growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Chile ($X thousand per unit), while Panama ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Dominican Republic (+X% per year), while the other leaders experienced more modest paces of growth.

Medical X-Ray Imports in Latin America and the Caribbean

In 2017, the amount of medical x-rays imported in Latin America and the Caribbean amounted to X units, jumping by X% against the previous year. The total imports indicated a remarkable expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the medical x-ray imports decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2011, when imports increased by X% year-to-year. The volume of imports peaked of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, medical x-ray imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the medical x-ray imports reached its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Medical X-Ray Imports by Country in Latin America and the Caribbean

Mexico was the key importer of medical x-rays in Latin America and the Caribbean, with the volume of imports amounting to X units, which was near X% of total imports in 2017. Brazil (X units) ranks second in terms of the global imports with a X% share, followed by Chile (X%), Argentina (X%) and Peru (X%). The following importers - Colombia (X units) and Ecuador (X units) together made up X% of total imports.

Imports into Mexico increased at an average annual rate of +X% from 2007 to 2017. At the same time, Argentina (+X%), Ecuador (+X%), Peru (+X%), Chile (+X%) and Brazil (+X%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Colombia experienced a relatively flat trend pattern. While the share of Ecuador (-X%), Peru (-X%), Brazil (-X%), Argentina (-X%), Chile (-X%) and Mexico (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Brazil ($X) and Argentina ($X) constituted the countries with the highest levels of imports in 2017, with a combined X% share of total imports.

In terms of the main importing countries , Argentina (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Medical X-Ray Import Prices by Country in Latin America and the Caribbean

The medical x-ray import price in Latin America and the Caribbean stood at $X thousand per unit in 2017, surging by X% against the previous year. The medical x-ray import price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2014, when the import prices increased by X% year-to-year. The level of import price peaked of $X thousand per unit in 2008; however, from 2009 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Colombia ($X thousand per unit), while Mexico ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Argentina (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform