Greece: First-Aid Kit Market 2024

First-Aid Kit Market Size in Greece

The Greek first-aid kit market shrank to $X in 2022, remaining stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate buoyant growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

First-Aid Kit Exports

Exports from Greece

In 2022, the amount of first-aid boxes and kits exported from Greece dropped remarkably to X tons, shrinking by -48% compared with 2021 figures. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 159%. Over the period under review, the exports reached the maximum at X tons in 2021, and then contracted sharply in the following year.

In value terms, first-aid kit exports dropped to $X in 2022. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 270% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Bulgaria (X tons) and Romania (X kg) were the main destinations of first-aid kit exports from Greece, together comprising 71% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +97.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the key foreign market for first-aid boxes and kits exports from Greece, comprising 32% of total exports. The second position in the ranking was held by Malta ($X), with an 11% share of total exports. It was followed by Poland, with a 9.2% share.

From 2012 to 2022, the average annual growth rate of value to Italy amounted to +61.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malta (+39.3% per year) and Poland (+28.6% per year).

Export Prices by Country

The average first-aid kit export price stood at $X per ton in 2022, with an increase of 76% against the previous year. Overall, the export price saw a measured increase. The growth pace was the most rapid in 2015 when the average export price increased by 143%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Moldova ($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 Poland (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

First-Aid Kit Imports

Imports into Greece

In 2022, the amount of first-aid boxes and kits imported into Greece shrank to X tons, waning by -11.1% compared with the previous year's figure. Overall, imports, however, posted a buoyant increase. The growth pace was the most rapid in 2019 when imports increased by 147%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, first-aid kit imports contracted to $X in 2022. Over the period under review, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by 77% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and Turkey (X tons) were the main suppliers of first-aid kit imports to Greece, together accounting for 73% of total imports. Bulgaria, the UK, Poland, Italy and Belgium lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +97.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Bulgaria ($X) constituted the largest first-aid kit suppliers to Greece, with a combined 65% share of total imports. Turkey, the UK, Poland, Italy and Belgium lagged somewhat behind, together comprising a further 23%.

Poland, with a CAGR of +94.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average first-aid kit import price stood at $X per ton in 2022, increasing by 10% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 +37.0% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of 40%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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