EU: Adhesive Dressings Market 2024

Adhesive Dressings Market Size in the EU

For the third consecutive year, the EU adhesive dressings market recorded growth in sales value, which increased by 0.3% to $X in 2021. Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Adhesive Dressings Production in the EU

In value terms, adhesive dressings production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 16% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Adhesive Dressings Exports

Exports in the EU

Adhesive dressings exports rose markedly to X tons in 2021, with an increase of 10% against the previous year. The total export volume increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, adhesive dressings exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +5.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X tons), distantly followed by the Netherlands (X tons), Spain (X tons), Italy (X tons), Hungary (X tons), Belgium (X tons) and France (X tons) were the major exporters of adhesive dressings or similar articles, together comprising 80% of total exports. The following exporters - Finland (X tons), the Czech Republic (X tons), Denmark (X tons), Portugal (X tons), Poland (X tons) and Austria (X tons) - together made up 16% of total exports.

From 2012 to 2021, average annual rates of growth with regard to adhesive dressings exports from Germany stood at +2.4%. At the same time, the Czech Republic (+17.6%), Hungary (+17.5%), the Netherlands (+8.6%), Portugal (+7.9%), Italy (+7.1%), Finland (+5.2%), Belgium (+3.7%), France (+3.5%), Austria (+1.9%) and Poland (+1.7%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +17.6% from 2012-2021. Spain and Denmark experienced a relatively flat trend pattern. Hungary (+4.8 p.p.), the Netherlands (+3.8 p.p.), the Czech Republic (+2.5 p.p.) and Italy (+2 p.p.) significantly strengthened its position in terms of the total exports, while Spain and Germany saw its share reduced by -5.3% and -5.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest adhesive dressings supplier in the European Union, comprising 24% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 11% share of total exports. It was followed by Hungary, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany totaled +2.5%. In the other countries, the average annual rates were as follows: the Netherlands (+18.3% per year) and Hungary (+21.8% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, with an increase of 4.7% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the export price increased by 14% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Finland ($X per ton), while Portugal ($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 Netherlands (+8.9%), while the other leaders experienced more modest paces of growth.

Adhesive Dressings Imports

Imports in the EU

In 2021, adhesive dressings imports in the European Union reached X tons, increasing by 7.6% against 2020. The total import volume increased at an average annual rate of +4.2% 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 2019 with an increase of 13% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, adhesive dressings imports totaled $X in 2021. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), the Netherlands (X tons) and France (X tons) represented roughly 52% of total imports in 2021. Spain (X tons) ranks next in terms of the total imports with a 7.9% share, followed by Belgium (7.7%) and Italy (6.1%). The following importers - Poland (X tons), Austria (X tons), Sweden (X tons), Denmark (X tons), Hungary (X tons) and the Czech Republic (X tons) - together made up 17% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +15.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2021, with a combined 51% share of total imports. Belgium, Spain, Italy, Austria, Poland, Sweden, Hungary, Denmark and the Czech Republic lagged somewhat behind, together comprising a further 39%.

Hungary, with a CAGR of +16.2%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2021, the import price in the European Union amounted to $X per ton, surging by 5.2% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 12%. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Hungary ($X per ton) and Sweden ($X per ton), while Poland ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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