Latin America and the Caribbean: Non-Medical X-Ray Market 2024

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

In 2022, the Latin American non-medical x-ray market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, saw a mild decline. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Non-Medical X-Ray Production in Latin America and the Caribbean

In value terms, non-medical x-ray production skyrocketed to $X in 2022 estimated in export price. In general, production enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Non-Medical X-Ray Exports

Exports in Latin America and the Caribbean

In 2022, the amount of non-medical x-rays exported in Latin America and the Caribbean surged to X units, rising by X% compared with the previous year's figure. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-medical x-ray exports rose slightly to $X in 2022. Overall, exports showed strong growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Peru (X units) represented the major exporter of non-medical x-rays, generating X% of total exports. Brazil (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Mexico (X%), Barbados (X%) and Bolivia (X%). The Dominican Republic (X units) followed a long way behind the leaders.

Peru was also the fastest-growing in terms of the non-medical x-rays exports, with a CAGR of X% from 2012 to 2022. At the same time, Brazil (X%), the Dominican Republic (X%), Bolivia (X%) and Mexico (X%) displayed positive paces of growth. Barbados experienced a relatively flat trend pattern. Peru (X p.p.), Brazil (X p.p.), Barbados (X p.p.), Bolivia (X p.p.) and the Dominican Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Mexico saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Mexico ($X), Brazil ($X) and the Dominican Republic ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Among the main exporting countries, the Dominican Republic, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, waning by X% against the previous year. In general, the export price showed a abrupt descent. The growth pace was the most rapid in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced a decline in the export price figures.

Non-Medical X-Ray Imports

Imports in Latin America and the Caribbean

In 2022, the amount of non-medical x-rays imported in Latin America and the Caribbean soared to X units, increasing by X% on the previous year's figure. Overall, imports, however, continue to indicate a noticeable curtailment. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, non-medical x-ray imports rose remarkably to $X in 2022. In general, imports, however, continue to indicate a mild curtailment. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The countries with the highest levels of non-medical x-ray imports in 2022 were Mexico (X units), Chile (X units) and Brazil (X units), together resulting at X% of total import. Guyana (X units) ranks next in terms of the total imports with an X% share, followed by Colombia (X%) and the Dominican Republic (X%). Peru (X units) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Dominican Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) constitutes the largest market for imported non-medical x-rays in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

In Mexico, non-medical x-ray imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Chile (X% per year).

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2022, waning by X% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-medical x-ray import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per unit), while Guyana ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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