An ultrasonic image processing apparatus capable of analyzing speckle information contained in the entire ultrasonic image and displaying the analysis results as a moving image. The ultrasonic image processing apparatus is an apparatus for processing reception signals, which are obtained by transmitting ultrasonic waves toward an object to be inspected and receiving ultrasonic echoes from the object, to generate ultrasonic image data, and the apparatus includes: a speckle image generating unit for generating speckle image data representing a speckle image based on original data generated by performing signal processing on the reception signals and representing ultrasonic image information on the object and a speckle image analysis unit for performing analysis of the speckle images represented by the speckle image data generated by the speckle image generating unit to generate speckle analysis result image data representing analysis results as a moving image.