Argentina: First-Aid Kit Market 2024

First-Aid Kit Market Size in Argentina

The Argentinian first-aid kit market amounted to $X in 2022, growing by 6.5% against the previous year. Overall, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.2% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

First-Aid Kit Production in Argentina

In value terms, first-aid kit production stood at $X in 2022 estimated in export price. In general, production, however, showed resilient growth. The pace of growth appeared the most rapid in 2020 when the production volume increased by 44% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

First-Aid Kit Exports

Exports from Argentina

In 2022, exports of first-aid boxes and kits from Argentina surged to X tons, rising by 82% against 2021 figures. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,234%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, first-aid kit exports surged to $X in 2022. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 2,802% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Norway (X tons) was the main destination for first-aid kit exports from Argentina, accounting for a 87% share of total exports. Moreover, first-aid kit exports to Norway exceeded the volume sent to the second major destination, Finland (X kg), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-84.1% per year) and Switzerland (0.0% per year).

In value terms, Norway ($X) emerged as the key foreign market for first-aid boxes and kits exports from Argentina, comprising 98% of total exports. The second position in the ranking was taken by Finland ($X), with a 1.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-98.5% per year) and Switzerland (0.0% per year).

Export Prices by Country

In 2022, the average first-aid kit export price amounted to $X per ton, reducing by -24.6% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2013 when the average export price increased by 136%. The export price peaked at $X per ton in 2021, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Finland ($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 the Netherlands (+28.1%), while the prices for the other major destinations experienced mixed trend patterns.

First-Aid Kit Imports

Imports into Argentina

In 2022, overseas purchases of first-aid boxes and kits increased by 161% to X tons, rising for the second year in a row after two years of decline. Overall, imports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 194% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, first-aid kit imports skyrocketed to $X in 2022. In general, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 353% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons) and Germany (X tons) were the main suppliers of first-aid kit imports to Argentina.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +80.6%).

In value terms, China ($X) and Germany ($X) constituted the largest first-aid kit suppliers to Argentina.

Among the main suppliers, China, with a CAGR of +76.5%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average first-aid kit import price stood at $X per ton in 2022, increasing by 8.6% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 54% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.1%).

Source: IndexBox Platform

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