Eastern Europe: First-Aid Kit Market 2024

First-Aid Kit Market Size in Eastern Europe

The East European first-aid kit market soared to $X in 2022, surging by 18% against the previous year. The market value increased at an average annual rate of +4.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

First-Aid Kit Production in Eastern Europe

In value terms, first-aid kit production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 25%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

First-Aid Kit Exports

Exports in Eastern Europe

First-aid kit exports rose sharply to X tons in 2022, increasing by 11% against the previous year's figure. Total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.5% against 2018 indices. The pace of growth was the most pronounced in 2014 with an increase of 61% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, first-aid kit exports rose remarkably to $X in 2022. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 65% against the previous year. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

In 2022, Poland (X tons) was the largest exporter of first-aid boxes and kits, mixing up 62% of total exports. Bulgaria (X tons) took the second position in the ranking, followed by Lithuania (X tons) and the Czech Republic (X tons). All these countries together took approx. 28% share of total exports. Russia (X tons), Hungary (X tons) and Slovakia (X tons) followed a long way behind the leaders.

Exports from Poland increased at an average annual rate of +10.1% from 2012 to 2022. At the same time, Lithuania (+57.9%), Hungary (+25.1%), Russia (+15.5%) and Bulgaria (+15.0%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +57.9% from 2012-2022. By contrast, the Czech Republic (-8.6%) and Slovakia (-9.1%) illustrated a downward trend over the same period. Poland (+13 p.p.), Lithuania (+8.9 p.p.), Bulgaria (+6.9 p.p.) and Russia (+2 p.p.) significantly strengthened its position in terms of the total exports, while Slovakia and the Czech Republic saw its share reduced by -6.7% and -19.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest first-aid kit supplier in Eastern Europe, comprising 61% of total exports. The second position in the ranking was held by Bulgaria ($X), with a 9.1% share of total exports. It was followed by Lithuania, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value in Poland totaled +16.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Bulgaria (+10.6% per year) and Lithuania (+69.8% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, with an increase of 2.1% against the previous year. Export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, first-aid kit export price decreased by -4.9% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the export price increased by 55% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the export prices failed to regain momentum.

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 Hungary ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+17.9%), while the other leaders experienced more modest paces of growth.

First-Aid Kit Imports

Imports in Eastern Europe

In 2022, the amount of first-aid boxes and kits imported in Eastern Europe surged to X tons, rising by 37% on 2021 figures. Overall, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, first-aid kit imports soared to $X in 2022. Over the period under review, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Poland (X tons) was the major importer of first-aid boxes and kits, generating 47% of total imports. Lithuania (X tons) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Romania (12%), Slovakia (6.4%), Ukraine (6.3%), Hungary (6.3%) and the Czech Republic (5.7%).

From 2012 to 2022, average annual rates of growth with regard to first-aid kit imports into Poland stood at +9.6%. At the same time, Ukraine (+76.6%), Lithuania (+37.0%), Romania (+21.6%), Hungary (+6.2%), the Czech Republic (+2.5%) and Slovakia (+2.2%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +76.6% from 2012-2022. Lithuania (+11 p.p.), Romania (+7.2 p.p.) and Ukraine (+6.2 p.p.) significantly strengthened its position in terms of the total imports, while Hungary, Poland, the Czech Republic and Slovakia saw its share reduced by -3.5%, -6.3%, -6.9% and -8.2% from 2012 to 2022, respectively.

In value terms, Poland ($X) constitutes the largest market for imported first-aid boxes and kits in Eastern Europe, comprising 38% of total imports. The second position in the ranking was taken by Ukraine ($X), with a 14% share of total imports. It was followed by Lithuania, with a 13% share.

In Poland, first-aid kit imports expanded at an average annual rate of +13.9% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Ukraine (+51.2% per year) and Lithuania (+43.2% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2022, rising by 2.7% against the previous year. Import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, first-aid kit import price increased by +65.4% against 2015 indices. The pace of growth was the most pronounced in 2018 when the import price increased by 27%. The level of import peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ukraine ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+10.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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