Australia: Adhesive Bandage Market 2024

Adhesive Bandage Market Size in Australia

The Australian adhesive bandage market declined markedly to $X in 2022, which is down by -15.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Adhesive Bandage Exports

Exports from Australia

In 2022, shipments abroad of adhesive bandages increased by 77% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports showed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, adhesive bandage exports surged to $X in 2022. Overall, exports showed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

New Zealand (X tons) was the main destination for adhesive bandage exports from Australia, with a 95% share of total exports. It was followed by Papua New Guinea (X tons), with a 2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand stood at +16.2%.

In value terms, New Zealand ($X) remains the key foreign market for adhesive bandages exports from Australia, comprising 83% of total exports. The second position in the ranking was taken by Papua New Guinea ($X), with a 2.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to New Zealand stood at +14.6%.

Export Prices by Country

In 2022, the average adhesive bandage export price amounted to $X per ton, with a decrease of -6.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per ton), while the average price for exports to New Zealand amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (-0.8%).

Adhesive Bandage Imports

Imports into Australia

In 2022, supplies from abroad of adhesive bandages increased by 9.8% to X tons, rising for the second year in a row after four years of decline. In general, total imports indicated mild growth from 2012 to 2022: its volume increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.5% against 2020 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 41%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, adhesive bandage imports rose slightly to $X in 2022. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +28.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), the United States (X tons) and Finland (X tons) were the main suppliers of adhesive bandage imports to Australia, together accounting for 53% of total imports. Hungary, Spain, the UK, Germany, France, Thailand, Japan, Mexico and South Africa lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +12.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest adhesive bandage suppliers to Australia were China ($X), the United States ($X) and Finland ($X), together comprising 53% of total imports. Hungary, Spain, the UK, Germany, France, Thailand, Japan, Mexico and South Africa lagged somewhat behind, together comprising a further 40%.

France, with a CAGR of +18.3%, saw the highest growth rate of the value of imports, among the main suppliers 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 adhesive bandage import price amounted to $X per ton, falling by -7.1% against the previous year. Over the period under review, the import price, however, showed a moderate expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($X per ton) and the United States ($X per ton), while the price for South Africa ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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