Canada: Surgical Glove Market 2024

Surgical Glove Market Size in Canada

The Canadian surgical glove market expanded remarkably to $X in 2022, growing by 7.4% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Surgical glove consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Surgical Glove Production in Canada

In value terms, surgical glove production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 100%. Surgical glove production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Surgical Glove Exports

Exports from Canada

After five years of growth, overseas shipments of surgical gloves decreased by -13.4% to X tons in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2017 with an increase of 523% against the previous year. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, surgical glove exports dropped sharply to $X in 2022. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2014 with an increase of 355%. Over the period under review, the exports hit record highs at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

The United States (X tons) was the main destination for surgical glove exports from Canada, accounting for a 93% share of total exports. It was followed by China (X tons), with a 2.8% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +34.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+145.5% per year) and Bahamas (+1,662.4% per year).

In value terms, the United States ($X) remains the key foreign market for surgical gloves exports from Canada, comprising 95% of total exports. The second position in the ranking was held by Bahamas ($X), with a 2.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +42.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bahamas (+1,860.5% per year) and China (+147.9% per year).

Export Prices by Country

The average surgical glove export price stood at $X per ton in 2022, dropping by -19.3% against the previous year. In general, the export price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2021 an increase of 85%. As a result, the export price reached the peak level of $X per ton, and then declined significantly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bahamas ($X per ton), while the average price for exports to China ($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 Bahamas (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Surgical Glove Imports

Imports into Canada

In 2022, surgical glove imports into Canada skyrocketed to X tons, growing by 49% against 2021 figures. In general, imports, however, continue to indicate a noticeable setback. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, surgical glove imports rose significantly to $X in 2022. The total import value increased at an average annual rate of +1.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Malaysia (X tons), Thailand (X tons) and Sri Lanka (X tons) were the main suppliers of surgical glove imports to Canada, together comprising 83% of total imports. These countries were followed by China, Indonesia and the United States, which together accounted for a further 15%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +82.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Malaysia ($X), Thailand ($X) and Sri Lanka ($X) constituted the largest surgical glove suppliers to Canada, with a combined 74% share of total imports. China, Indonesia and the United States lagged somewhat behind, together comprising a further 24%.

Among the main suppliers, Indonesia, with a CAGR of +98.8%, saw the highest rates of growth with regard to the value of imports, 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 surgical glove import price amounted to $X per ton, waning by -28.6% against the previous year. Over the period under review, the import price, however, enjoyed a perceptible increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by 76%. As a result, import price reached the peak level of $X per ton, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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