Egypt: Adhesive Bandage Market 2024

Adhesive Bandage Market Size in Egypt

After two years of growth, the Egyptian adhesive bandage market decreased by -4.7% to $X in 2022. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2021, and then contracted slightly in the following year.

Adhesive Bandage Production in Egypt

In value terms, adhesive bandage production totaled $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 25%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Adhesive Bandage Exports

Exports from Egypt

In 2022, shipments abroad of adhesive bandages increased by 32% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2013 when exports increased by 69% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, adhesive bandage exports skyrocketed to $X in 2022. In general, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +8.9% 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 +35.8% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of 82% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Belgium (X tons), the Netherlands (X tons) and Saudi Arabia (X tons) were the main destinations of adhesive bandage exports from Egypt, together comprising 36% of total exports. These countries were followed by Germany, Italy, the UK, Algeria, Brazil, Australia, the United Arab Emirates, Greece, Spain and France, which together accounted for a further 40%.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +76.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for adhesive bandage exported from Egypt were Belgium ($X), Italy ($X) and the Netherlands ($X), with a combined 40% share of total exports. The UK, Saudi Arabia, Germany, Brazil, Spain, France, Greece, Algeria, Australia and the United Arab Emirates lagged somewhat behind, together accounting for a further 34%.

The United Arab Emirates, with a CAGR of +54.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average adhesive bandage export price amounted to $X per ton, falling by -7% against the previous year. Overall, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 155% against the previous year. The export price peaked at $X per ton in 2021, and then fell 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 Italy ($X per ton), while the average price for exports to the United Arab Emirates ($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 Italy (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Adhesive Bandage Imports

Imports into Egypt

In 2022, supplies from abroad of adhesive bandages was finally on the rise to reach X tons after two years of decline. In general, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of 80% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, adhesive bandage imports stood at $X in 2022. Over the period under review, total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.3% against 2020 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 67%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest adhesive bandage supplier to Egypt, accounting for a 69% share of total imports. Moreover, adhesive bandage imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), more than tenfold. The third position in this ranking was held by South Korea (X tons), with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-17.7% per year) and South Korea (-16.7% per year).

In value terms, China ($X) constituted the largest supplier of adhesive bandages to Egypt, comprising 33% of total imports. The second position in the ranking was held by the United States ($X), with an 11% share of total imports. It was followed by South Korea, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.3% per year) and South Korea (+1.0% per year).

Import Prices by Country

In 2022, the average adhesive bandage import price amounted to $X per ton, shrinking by -2.6% against the previous year. Over the period under review, the import price, however, showed prominent growth. The pace of growth appeared the most rapid in 2020 an increase of 198%. The import price peaked at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+38.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :