Europe: Adhesive Dressings Market 2024

Adhesive Dressings Market Size in Europe

The Europe adhesive dressings market dropped to $X in 2021, with a decrease of -5.5% against the previous year. Over the period under review, consumption, however, continues to indicate a significant expansion. The level of consumption peaked at $X in 2020, and then contracted in the following year.

Adhesive Dressings Production in Europe

In value terms, adhesive dressings production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a significant increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by 678%. Over the period under review, production reached the maximum level at $X in 2020, and then dropped in the following year.

Adhesive Dressings Exports

Exports in Europe

In 2021, after two years of decline, there was significant growth in shipments abroad of adhesive dressings or similar articles, when their volume increased by 7.9% to X tons. The total export volume increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, adhesive dressings exports expanded remarkably to $X in 2021. The total export value increased at an average annual rate of +4.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 16% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

In 2021, Germany (X tons), distantly followed by the Netherlands (X tons), Spain (X tons), Italy (X tons), Hungary (X tons), the UK (X tons), Belgium (X tons) and France (X tons) represented the key exporters of adhesive dressings or similar articles, together achieving 80% of total exports. Finland (X tons) followed a long way behind the leaders.

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, Hungary (+17.5%), the Netherlands (+8.6%), Italy (+7.1%), Finland (+5.2%), Belgium (+3.7%) and France (+3.5%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Europe, with a CAGR of +17.5% from 2012-2021. Spain experienced a relatively flat trend pattern. By contrast, the UK (-2.0%) illustrated a downward trend over the same period. While the share of Hungary (+4.5 p.p.), the Netherlands (+4 p.p.) and Italy (+2.3 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Germany (-3.2 p.p.), Spain (-4 p.p.) and the UK (-4.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the UK ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2021, with a combined 41% share of total exports. These countries were followed by Hungary, Belgium, France, Finland, Italy and Spain, which together accounted for a further 42%.

In terms of the main exporting countries, Hungary, with a CAGR of +21.8%, 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

The export price in Europe stood at $X per ton in 2021, surging by 4% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 16% against the previous year. As a result, the export price attained 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 ($X per ton), while Spain ($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 Europe

For the third consecutive year, Europe recorded growth in overseas purchases of adhesive dressings or similar articles, which increased by 6.1% to X tons in 2021. The total import volume increased at an average annual rate of +3.5% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 11%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, adhesive dressings imports rose rapidly to $X in 2021. The total import value increased at an average annual rate of +3.6% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 11% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

The countries with the highest levels of adhesive dressings imports in 2021 were Germany (X tons), the Netherlands (X tons), France (X tons), the UK (X tons), Spain (X tons), Belgium (X tons) and Italy (X tons), together accounting for 71% of total import. Poland (X tons), Austria (X tons), Russia (X tons), Sweden (X tons), Denmark (X tons) and Switzerland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands (with a CAGR of +15.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest adhesive dressings importing markets in Europe were Germany ($X), France ($X) and the Netherlands ($X), with a combined 43% share of total imports. These countries were followed by the UK, Belgium, Spain, Italy, Switzerland, Austria, Poland, Sweden, Denmark and Russia, which together accounted for a further 42%.

Poland, with a CAGR of +14.0%, 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

The import price in Europe stood at $X per ton in 2021, increasing by 3.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the import price increased by 10% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Switzerland ($X per ton), while Russia ($X per ton) was 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