Sri Lanka: X-Ray Generator Market 2024

X-Ray Generator Market Size in Sri Lanka

The Sri Lankan x-ray generator market dropped to $X in 2022, falling by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a noticeable curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

X-Ray Generator Exports

Exports from Sri Lanka

In 2022, overseas shipments of x-ray generators decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, x-ray generator exports declined markedly to $X in 2022. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) was the main destination for x-ray generator exports from Sri Lanka, with a X% share of total exports. Moreover, x-ray generator exports to Germany exceeded the volume sent to the second major destination, Singapore (X kg), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and India (X% per year).

In value terms, Singapore ($X) emerged as the key foreign market for x-ray generators exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the average x-ray generator export price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced a decline.

X-Ray Generator Imports

Imports into Sri Lanka

In 2022, approx. X tons of x-ray generators were imported into Sri Lanka; shrinking by X% against 2021 figures. In general, imports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then dropped rapidly in the following year.

In value terms, x-ray generator imports plummeted to $X in 2022. Overall, imports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of x-ray generator to Sri Lanka, with a X% share of total imports. Moreover, x-ray generator imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and the United States (X% per year).

In value terms, the largest x-ray generator suppliers to Sri Lanka were China ($X), the United States ($X) and Japan ($X), with a combined X% share of total imports. India, the Netherlands and Malaysia lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 x-ray generator import price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price saw a mild descent. The growth pace was the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Japan ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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