CIS: First-Aid Kit Market 2024

First-Aid Kit Market Size in CIS

The CIS first-aid kit market dropped modestly to $X in 2022, declining by -2.1% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

First-Aid Kit Production in CIS

In value terms, first-aid kit production reduced to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by 43% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

First-Aid Kit Exports

Exports in CIS

In 2022, first-aid kit exports in the CIS dropped remarkably to X tons, shrinking by -15.1% against the year before. Overall, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2017 with an increase of 326%. Over the period under review, the exports reached the maximum at X tons in 2021, and then shrank markedly in the following year.

In value terms, first-aid kit exports fell to $X in 2022. In general, exports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2017 when exports increased by 317% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Russia dominates exports structure, reaching X tons, which was near 96% of total exports in 2022. Moldova (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to first-aid kit exports from Russia stood at +15.5%. At the same time, Moldova (+107.2%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +107.2% from 2012-2022. Moldova (+2.2 p.p.) significantly strengthened its position in terms of the total exports, while Russia saw its share reduced by -1.8% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest first-aid kit supplier in the CIS, comprising 91% of total exports. The second position in the ranking was taken by Moldova ($X), with a 0.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to +10.1%.

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, increasing by 6.3% against the previous year. Over the period under review, the export price, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2015 an increase of 44% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices remained at a somewhat 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 Russia ($X per ton), while Moldova stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-4.7%).

First-Aid Kit Imports

Imports in CIS

In 2022, approx. X tons of first-aid boxes and kits were imported in the CIS; falling by -27.4% on 2021 figures. Overall, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 251%. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, first-aid kit imports soared to $X in 2022. Over the period under review, imports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 127%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Kazakhstan (X tons) represented the largest importer of first-aid boxes and kits, mixing up 52% of total imports. Azerbaijan (X tons) held a 19% share (based on physical terms) of total imports, which put it in second place, followed by Moldova (18%). Armenia (X tons) and Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to first-aid kit imports into Kazakhstan stood at +12.4%. At the same time, Moldova (+31.9%), Armenia (+13.1%), Azerbaijan (+11.8%) and Belarus (+4.8%) displayed positive paces of growth. Moreover, Moldova emerged as the fastest-growing importer imported in the CIS, with a CAGR of +31.9% from 2012-2022. While the share of Moldova (+15 p.p.), Kazakhstan (+14 p.p.) and Azerbaijan (+4.4 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest first-aid kit importing markets in the CIS were Kazakhstan ($X), Moldova ($X) and Azerbaijan ($X), with a combined 80% share of total imports.

Moldova, with a CAGR of +39.9%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, rising by 73% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+6.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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