Report Latin America and the Caribbean - Opacifying Preparations for X-Ray Examinations - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 23, 2023

Latin America and the Caribbean - Opacifying Preparations for X-Ray Examinations - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: X-Ray Examination Preparations Market 2023

X-Ray Examination Preparations Market Size in Latin America and the Caribbean

In 2021, the Latin American x-ray examination preparations market decreased by -2.1% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the market value increased by 9.8% against the previous year. Over the period under review, the market attained the maximum level at $X in 2020, and then dropped in the following year.

X-Ray Examination Preparations Production in Latin America and the Caribbean

In value terms, x-ray examination preparations production dropped to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the production volume increased by 12% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then contracted slightly in the following year.

X-Ray Examination Preparations Exports

Exports in Latin America and the Caribbean

In 2021, the amount of opacifying preparations for x-ray examinations exported in Latin America and the Caribbean skyrocketed to X tons, rising by 39% compared with the previous year's figure. In general, exports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2014 with an increase of 56% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, x-ray examination preparations exports skyrocketed to $X in 2021. Overall, exports, however, showed a noticeable descent. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil prevails in exports structure, reaching X tons, which was near 82% of total exports in 2021. Guatemala (X tons) took a 7.3% share (based on physical terms) of total exports, which put it in second place, followed by Argentina (5.1%). Panama (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to x-ray examination preparations exports from Brazil stood at +1.2%. At the same time, Guatemala (+19.8%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +19.8% from 2012-2021. By contrast, Argentina (-3.6%) and Panama (-26.4%) illustrated a downward trend over the same period. Brazil (+33 p.p.) and Guatemala (+6.4 p.p.) significantly strengthened its position in terms of the total exports, while Panama saw its share reduced by -37.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest x-ray examination preparations supplier in Latin America and the Caribbean, comprising 65% of total exports. The second position in the ranking was taken by Guatemala ($X), with a 20% share of total exports. It was followed by Argentina, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value in Brazil totaled +5.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Guatemala (+27.0% per year) and Argentina (+0.3% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per ton in 2021, rising by 18% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Guatemala ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guatemala (+6.0%), while the other leaders experienced more modest paces of growth.

X-Ray Examination Preparations Imports

Imports in Latin America and the Caribbean

In 2021, the amount of opacifying preparations for x-ray examinations imported in Latin America and the Caribbean rose remarkably to X tons, surging by 13% compared with the year before. Over the period under review, imports, however, saw a relatively flat trend pattern. The volume of import peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, x-ray examination preparations imports rose sharply to $X in 2021. Overall, imports saw a relatively flat trend pattern. The level of import peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X tons) represented the largest importer of opacifying preparations for x-ray examinations, comprising 35% of total imports. Colombia (X tons) ranks second in terms of the total imports with a 17% share, followed by Argentina (11%) and Chile (10%). Guatemala (X tons), Ecuador (X tons), the Dominican Republic (X tons), Nicaragua (X tons), Peru (X tons), Panama (X tons), Mexico (X tons) and Uruguay (X tons) held a relatively small share of total imports.

Brazil experienced a relatively flat trend pattern with regard to volume of imports of opacifying preparations for x-ray examinations. At the same time, Nicaragua (+31.7%), the Dominican Republic (+18.0%), Colombia (+12.4%), Chile (+10.8%), Ecuador (+8.1%) and Peru (+1.8%) displayed positive paces of growth. Moreover, Nicaragua emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of +31.7% from 2012-2021. Argentina experienced a relatively flat trend pattern. By contrast, Panama (-7.7%), Uruguay (-9.3%), Guatemala (-14.7%) and Mexico (-20.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Colombia, Chile, the Dominican Republic, Nicaragua and Ecuador increased by +11, +6.6, +2.2, +2.1 and +1.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest x-ray examination preparations importing markets in Latin America and the Caribbean were Brazil ($X), Colombia ($X) and Chile ($X), together comprising 54% of total imports. Argentina, the Dominican Republic, Ecuador, Guatemala, Peru, Panama, Mexico, Uruguay and Nicaragua lagged somewhat behind, together accounting for a further 34%.

Nicaragua, with a CAGR of +29.7%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per ton, standing approx. at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 6.6%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guatemala (+21.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for opacifying preparations for x-ray examinations in LatAmerica and the Caribbean?
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The countries with the highest volumes of consumption in 2021 were Brazil, Mexico and the Dominican Republic, together comprising 86% of total consumption. Guatemala, Colombia, Panama and Argentina lagged somewhat behind, together comprising a further 11%.
What are the largest producers of opacifying preparations for x-ray examinations in LatAmerica and the Caribbean?
+
The countries with the highest volumes of production in 2021 were Brazil, Mexico and the Dominican Republic, together accounting for 94% of total production. These countries were followed by Guatemala and Panama, which together accounted for a further 6.4%.
What are the leading suppliers of opacifying preparations for x-ray examinations in LatAmerica and the Caribbean?
+
In value terms, Brazil remains the largest x-ray examination preparations supplier in Latin America and the Caribbean, comprising 65% of total exports. The second position in the ranking was held by Guatemala, with a 20% share of total exports. It was followed by Argentina, with a 6.7% share.
What are the leading importers of opacifying preparations for x-ray examinations in LatAmerica and the Caribbean?
+
In value terms, the largest x-ray examination preparations importing markets in Latin America and the Caribbean were Brazil, Colombia and Chile, together accounting for 54% of total imports. These countries were followed by Argentina, the Dominican Republic, Ecuador, Guatemala, Peru, Panama, Mexico, Uruguay and Nicaragua, which together accounted for a further 34%.
What is the average export price for opacifying preparations for x-ray examinations in LatAmerica and the Caribbean?
+
In 2021, the export price in Latin America and the Caribbean amounted to $88,232 per ton, increasing by 18% against the previous year.
What is the average import price for opacifying preparations for x-ray examinations in LatAmerica and the Caribbean?
+
In 2021, the import price in Latin America and the Caribbean amounted to $55,977 per ton, standing approx. at the previous year.

This report provides an in-depth analysis of the x-ray examination preparations market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 21202340 - Opacifying preparations for X-ray examinations, diagnostic reagents designed to be administered to the patient
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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