Benelux: First-Aid Kit Market 2024

First-Aid Kit Market Size in Benelux

In 2022, the Benelux first-aid kit market decreased by -35.5% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, posted a resilient expansion. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

First-Aid Kit Production in Benelux

In value terms, first-aid kit production fell modestly to $X in 2022 estimated in export price. The total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.7% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of 45%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

First-Aid Kit Exports

Exports in Benelux

In 2022, first-aid kit exports in Benelux reduced sharply to X tons, waning by -21.6% against 2021. In general, exports, however, saw a noticeable increase. The most prominent rate of growth was recorded in 2020 with an increase of 176%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, first-aid kit exports reduced dramatically to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 82% 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 somewhat lower figure.

Exports by Country

In 2022, the Netherlands (X tons) was the key exporter of first-aid boxes and kits, achieving 81% of total exports. It was distantly followed by Belgium (X tons), constituting a 19% share of total exports.

The Netherlands was also the fastest-growing in terms of the first-aid boxes and kits exports, with a CAGR of +4.8% from 2012 to 2022. Belgium (-3.1%) illustrated a downward trend over the same period. While the share of the Netherlands (+14 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-15.1 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest first-aid kit supplier in Benelux, comprising 68% of total exports. The second position in the ranking was taken by Belgium ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands stood at +3.9%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, declining by -6.1% against the previous year. Overall, the export price showed a pronounced downturn. The pace of growth appeared the most rapid in 2021 when the export price increased by 26%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.8%).

First-Aid Kit Imports

Imports in Benelux

In 2022, supplies from abroad of first-aid boxes and kits decreased by -37.8% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 90%. The volume of import peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, first-aid kit imports shrank sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2020 with an increase of 77%. Over the period under review, imports hit record highs at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

The Netherlands represented the major importing country with an import of around X tons, which accounted for 74% of total imports. It was distantly followed by Belgium (X tons), generating a 25% share of total imports. Luxembourg (X tons) held a minor share of total imports.

The Netherlands was also the fastest-growing in terms of the first-aid boxes and kits imports, with a CAGR of +7.7% from 2012 to 2022. At the same time, Luxembourg (+7.1%) and Belgium (+1.8%) displayed positive paces of growth. The Netherlands (+12 p.p.) significantly strengthened its position in terms of the total imports, while Belgium saw its share reduced by -11.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported first-aid boxes and kits in Benelux, comprising 74% of total imports. The second position in the ranking was held by Belgium ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to +3.2%. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (+0.0% per year) and Luxembourg (+7.2% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 when the import price increased by 13% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Luxembourg ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+0.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform