China: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in China

In 2021, the Chinese respiration apparatus market decreased by -21.4% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2020, and then shrank remarkably in the following year.

Respiration Apparatus Production in China

In value terms, respiration apparatus production contracted to $X in 2021 estimated in export price. In general, production, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 38%. Over the period under review, production reached the maximum level at $X in 2020, and then contracted in the following year.

Respiration Apparatus Exports

Exports from China

In 2021, exports of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus from China was estimated at X tons, with an increase of 3.8% on the previous year. Over the period under review, exports recorded a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 848% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, respiration apparatus exports reduced dramatically to $X in 2021. In general, exports saw a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 279% against the previous year. As a result, the exports attained the peak of $X, and then fell significantly in the following year.

Exports by Country

The United States (X tons), India (X tons) and Myanmar (X tons) were the main destinations of respiration apparatus exports from China, with a combined 40% share of total exports.

From 2012 to 2021, the biggest increases were in Myanmar (with a CAGR of +293.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, India ($X), the United States ($X) and Singapore ($X) appeared to be the largest markets for respiration apparatus exported from China worldwide, together comprising 37% of total exports. Myanmar, Germany, Japan, Hong Kong SAR, Russia, Thailand, Indonesia, Turkey, Vietnam and Mexico lagged somewhat behind, together accounting for a further 26%.

Among the main countries of destination, Myanmar, with a CAGR of +195.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average respiration apparatus export price amounted to $X per ton, which is down by -47.1% against the previous year. Overall, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2015 an increase of 893% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Singapore ($X per ton), while the average price for exports to Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Respiration Apparatus Imports

Imports into China

In 2021, after four years of growth, there was significant decline in supplies from abroad of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus, when their volume decreased by -14.2% to X tons. The total import volume increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by 23%. Imports peaked at X tons in 2020, and then dropped in the following year.

In value terms, respiration apparatus imports fell to $X in 2021. In general, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.7% against 2016 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 37% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

Germany (X tons), the United States (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of respiration apparatus imports to China, with a combined 45% share of total imports. These countries were followed by New Zealand, Mexico, Australia, Lithuania, France, Ireland, Italy, Sweden, Malaysia and the UK, which together accounted for a further 49%.

From 2012 to 2021, the biggest increases were in Lithuania (with a CAGR of +82.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Australia ($X) appeared to be the largest respiration apparatus suppliers to China, with a combined 56% share of total imports. These countries were followed by New Zealand, Ireland, Sweden, Taiwan (Chinese), Malaysia, Mexico, the UK, France, Lithuania and Italy, which together accounted for a further 35%.

Lithuania, with a CAGR of +87.9%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 2021, the average respiration apparatus import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2020 when the average import price increased by 24%. As a result, import price attained the peak level of $X per ton, leveling off in the following year.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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