Guatemala: X-Ray Examination Preparations Market 2024

X-Ray Examination Preparations Market Size in Guatemala

The Guatemalan x-ray examination preparations market was estimated at $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, saw a slight decrease. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

X-Ray Examination Preparations Production in Guatemala

In value terms, x-ray examination preparations production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production posted prominent growth. The pace of growth was the most pronounced in 2015 when the production volume increased by X%. X-ray examination preparations production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

X-Ray Examination Preparations Exports

Exports from Guatemala

In 2022, the amount of opacifying preparations for x-ray examinations exported from Guatemala fell dramatically to X tons, waning by X% against the previous year. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then declined remarkably in the following year.

In value terms, x-ray examination preparations exports contracted remarkably to $X in 2022. Overall, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then reduced remarkably in the following year.

Exports by Country

Honduras (X tons) was the main destination for x-ray examination preparations exports from Guatemala, accounting for a X% share of total exports. Moreover, x-ray examination preparations exports to Honduras exceeded the volume sent to the second major destination, El Salvador (X tons), twofold. Costa Rica (X kg) ranked third in terms of total exports with a X% share.

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

In value terms, Honduras ($X) remains the key foreign market for opacifying preparations for x-ray examinations exports from Guatemala, comprising X% of total exports. The second position in the ranking was held by El Salvador ($X), with an X% share of total exports. It was followed by Nicaragua, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Honduras stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: El Salvador (X% per year) and Nicaragua (X% per year).

Export Prices by Country

The average x-ray examination preparations export price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price, however, showed a pronounced increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then declined dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($X per ton), while the average price for exports to El Salvador ($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 Venezuela (X%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Examination Preparations Imports

Imports into Guatemala

In 2022, overseas purchases of opacifying preparations for x-ray examinations increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, x-ray examination preparations imports skyrocketed to $X in 2022. In general, imports saw a strong expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

China (X tons), the United States (X tons) and South Korea (X tons) were the main suppliers of x-ray examination preparations imports to Guatemala, with a combined X% share of total imports.

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

In value terms, the United States ($X), South Korea ($X) and Germany ($X) constituted the largest x-ray examination preparations suppliers to Guatemala, with a combined X% share of total imports. China, India, Ireland, Canada and Mexico lagged somewhat behind, together comprising a further X%.

Among the main suppliers, China, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average x-ray examination preparations import price amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the import price recorded a remarkable increase. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

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 South Korea ($X per ton), while the price for Canada ($X per ton) 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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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