South-Eastern Asia: X-Ray Tube Market 2024

X-Ray Tube Market Size in South-Eastern Asia

In 2023, the Southeast Asian x-ray tube market increased by X% to $X, rising for the fourth consecutive year after two years of decline. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

X-Ray Tube Production in South-Eastern Asia

In value terms, x-ray tube production totaled $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2021; afterwards, it flattened through to 2023.

X-Ray Tube Exports

Exports in South-Eastern Asia

In 2023, shipments abroad of x-ray tubes decreased by X% to X units, falling for the fourth consecutive year after six years of growth. Overall, exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2023, the exports remained at a lower figure.

In value terms, x-ray tube exports stood at $X in 2023. Over the period under review, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

Singapore prevails in exports structure, recording X units, which was approx. X% of total exports in 2023. It was distantly followed by Thailand (X units), Malaysia (X units) and the Philippines (X units), together constituting a X% share of total exports. Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to x-ray tube exports from Singapore stood at X%. At the same time, the Philippines (X%), Vietnam (X%), Thailand (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2023. From 2012 to 2023, the share of the Philippines and Thailand increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest x-ray tube supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In Singapore, x-ray tube exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2023, the export price in South-Eastern Asia amounted to $X per unit, rising by X% against the previous year. Export price indicated a perceptible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, x-ray tube export price increased by X% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the export price figures.

X-Ray Tube Imports

Imports in South-Eastern Asia

In 2023, after two years of growth, there was decline in purchases abroad of x-ray tubes, when their volume decreased by X% to X units. Over the period under review, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2016 when imports increased by X%. The volume of import peaked at X units in 2022, and then shrank slightly in the following year.

In value terms, x-ray tube imports contracted notably to $X in 2023. Total imports indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2022, and then dropped notably in the following year.

Imports by Country

The Philippines (X units) and Malaysia (X units) represented roughly X% of total imports in 2023. It was distantly followed by Singapore (X units), making up a X% share of total imports. Thailand (X units), Vietnam (X units) and Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for the Philippines (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X) constitutes the largest market for imported x-ray tubes in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Singapore totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Thailand (X% per year).

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2023, falling by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Singapore ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform