Northern America: X-Ray Examination Preparations Market 2023

X-Ray Examination Preparations Market Size in Northern America

The North American x-ray examination preparations market expanded rapidly to $X in 2021, with an increase of 13% against the previous year. The market value increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2019; afterwards, it flattened through to 2021.

X-Ray Examination Preparations Production in Northern America

In value terms, x-ray examination preparations production totaled $X in 2021 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 30% against the previous year. The level of production peaked at $X in 2013; afterwards, it flattened through to 2021.

X-Ray Examination Preparations Exports

Exports in Northern America

In 2021, overseas shipments of opacifying preparations for x-ray examinations decreased by -25.7% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, exports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 23% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, x-ray examination preparations exports contracted sharply to $X in 2021. In general, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2018 with an increase of 35%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Canada (X tons), distantly followed by the United States (X tons) were the major exporters of opacifying preparations for x-ray examinations, together constituting 100% of total exports.

From 2012 to 2021, the biggest increases were in Canada (with a CAGR of -3.9%).

In value terms, the largest x-ray examination preparations supplying countries in Northern America were Canada ($X) and the United States ($X).

The United States, with a CAGR of -0.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, shrinking by -15.6% against the previous year. Overall, the export price continues to indicate a slight curtailment. The pace of growth was the most pronounced in 2018 when the export price increased by 21%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.4%).

X-Ray Examination Preparations Imports

Imports in Northern America

In 2021, the amount of opacifying preparations for x-ray examinations imported in Northern America skyrocketed to X tons, jumping by 16% on 2020 figures. The total import volume increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, x-ray examination preparations imports stood at $X in 2021. Total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +48.3% against 2012 indices. The pace of growth was the most pronounced in 2018 when imports increased by 9.3% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The United States dominates imports structure, amounting to X tons, which was approx. 97% of total imports in 2021. Canada (X tons) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +1.9% from 2012 to 2021. At the same time, Canada (+4.0%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of +4.0% from 2012-2021. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported opacifying preparations for x-ray examinations in Northern America, comprising 95% of total imports. The second position in the ranking was held by Canada ($X), with a 5.4% share of total imports.

In the United States, x-ray examination preparations imports increased at an average annual rate of +4.7% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, waning by -12.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2018 when the import price increased by 19%. Over the period under review, import prices reached the peak figure at $X per ton in 2020, and then shrank in the following year.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+2.7%).

Source: IndexBox Market Intelligence Platform

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