Latin America and the Caribbean: X-Ray Apparatus Market 2024

X-Ray Apparatus Market Size in Latin America and the Caribbean

The Latin American x-ray apparatus market fell to $X in 2022, dropping by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

X-Ray Apparatus Production in Latin America and the Caribbean

In value terms, x-ray apparatus production declined to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

X-Ray Apparatus Exports

Exports in Latin America and the Caribbean

In 2022, x-ray apparatus exports in Latin America and the Caribbean soared to X units, increasing by X% compared with the previous year's figure. Total exports indicated a buoyant increase from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, x-ray apparatus exports soared to $X in 2022. Over the period under review, exports continue to indicate a prominent increase. 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, Brazil (X units) represented the major exporter of x-ray apparatus, comprising X% of total exports. It was distantly followed by Mexico (X units), Peru (X units) and Colombia (X units), together generating a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Peru (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest x-ray apparatus supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Brazil ($X), with a X% share of total exports. It was followed by Colombia, with a X% share.

In Mexico, x-ray apparatus exports 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 Colombia (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, growing by X% against the previous year. In general, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while Peru ($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 mixed trends in the export price figures.

X-Ray Apparatus Imports

Imports in Latin America and the Caribbean

In 2022, approx. X units of x-ray apparatus were imported in Latin America and the Caribbean; increasing by X% against the previous year's figure. Over the period under review, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, x-ray apparatus imports expanded notably to $X in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Antigua and Barbuda was the main importer of x-ray apparatus in Latin America and the Caribbean, with the volume of imports recording X units, which was approx. X% of total imports in 2022. Chile (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Mexico (X%), Brazil (X%), Peru (X%) and Colombia (X%). The following importers - Bolivia (X units) and the Dominican Republic (X units) - together made up X% of total imports.

Antigua and Barbuda was also the fastest-growing in terms of the x-ray apparatus imports, with a CAGR of X% from 2012 to 2022. At the same time, the Dominican Republic (X%), Bolivia (X%), Colombia (X%), Peru (X%) and Mexico (X%) displayed positive paces of growth. Chile experienced a relatively flat trend pattern. By contrast, Brazil (X%) illustrated a downward trend over the same period. While the share of Antigua and Barbuda (X p.p.), Colombia (X p.p.), Bolivia (X p.p.) and the Dominican Republic (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Peru (X p.p.), Mexico (X p.p.), Chile (X p.p.) and Brazil (X p.p.) displayed negative dynamics.

In value terms, the largest x-ray apparatus importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Colombia ($X), together accounting for X% of total imports. Chile, Peru, Bolivia, the Dominican Republic and Antigua and Barbuda lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Antigua and Barbuda, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Antigua and Barbuda (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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