Belgium: Medical Steriliser Market 2024

Medical Steriliser Market Size in Belgium

The Belgian medical steriliser market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption recorded a pronounced expansion. Medical steriliser consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Medical Steriliser Production in Belgium

In value terms, medical steriliser production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight curtailment. The growth pace was the most rapid in 2014 when the production volume increased by 533%. Medical steriliser production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Medical Steriliser Exports

Exports from Belgium

In 2022, after two years of growth, there was significant decline in shipments abroad of medical, surgical or laboratory sterilisers, when their volume decreased by -80.1% to X units. Over the period under review, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 224%. Over the period under review, the exports attained the maximum at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, medical steriliser exports contracted sharply to $X in 2022. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 144%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Luxembourg (X units), Thailand (X units) and France (X units) were the main destinations of medical steriliser exports from Belgium, together accounting for 35% of total exports. These countries were followed by the Netherlands, the United States, Central African Republic, Nigeria, Egypt, the UK, Austria, Libya, Poland and Germany, which together accounted for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Central African Republic (with a CAGR of +72.8%), while the other leaders experienced more modest paces of growth.

In value terms, Luxembourg ($X) emerged as the key foreign market for medical, surgical or laboratory sterilisers exports from Belgium, comprising 41% of total exports. The second position in the ranking was taken by the United States ($X), with a 6.2% share of total exports. It was followed by Thailand, with a 6% share.

From 2012 to 2022, the average annual growth rate of value to Luxembourg amounted to +36.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-4.4% per year) and Thailand (+18.5% per year).

Export Prices by Country

The average medical steriliser export price stood at $X per unit in 2022, rising by 75% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($X per unit), while the average price for exports to Central African Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Steriliser Imports

Imports into Belgium

In 2022, imports of medical, surgical or laboratory sterilisers into Belgium declined dramatically to X units, with a decrease of -31.7% against 2021 figures. In general, imports saw a noticeable slump. The growth pace was the most rapid in 2013 with an increase of 83%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, medical steriliser imports dropped notably to $X in 2022. Over the period under review, imports saw a pronounced curtailment. The growth pace was the most rapid in 2017 when imports increased by 49% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Italy (X units), the Netherlands (X units) and the United States (X units) were the main suppliers of medical steriliser imports to Belgium, together accounting for 65% of total imports. Germany, Taiwan (Chinese), Sweden, China, France, Switzerland, Israel, the UK and Spain lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +14.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest medical steriliser suppliers to Belgium were Italy ($X), the Netherlands ($X) and the United States ($X), with a combined 69% share of total imports.

Italy, with a CAGR of +16.2%, recorded 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

The average medical steriliser import price stood at $X per unit in 2022, increasing by 22% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 37% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($X per unit), while the price for Israel ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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