Indonesia: First-Aid Kit Market 2024

First-Aid Kit Market Size in Indonesia

The Indonesian first-aid kit market shrank modestly to $X in 2022, dropping by -4.6% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. First-aid kit consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

First-Aid Kit Production in Indonesia

In value terms, first-aid kit production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced reduction. The growth pace was the most rapid in 2013 when the production volume increased by 15% against the previous year. First-aid kit production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

First-Aid Kit Exports

Exports from Indonesia

After two years of decline, overseas shipments of first-aid boxes and kits increased by 84% to X kg in 2022. Overall, exports, however, continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 385% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, first-aid kit exports surged to $X in 2022. Over the period under review, exports, however, continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 329% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Timor-Leste (X kg) and Singapore (X kg) were the main destinations of first-aid kit exports from Indonesia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of -1.9%).

In value terms, Singapore ($X) emerged as the key foreign market for first-aid boxes and kits exports from Indonesia, comprising 79% of total exports. The second position in the ranking was held by Timor-Leste ($X), with a 21% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore stood at -14.8%.

Export Prices by Country

The average first-aid kit export price stood at $X per ton in 2022, which is down by -18% against the previous year. Overall, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of 105%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while the average price for exports to Timor-Leste amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+72.7%), while the prices for the other major destinations experienced mixed trend patterns.

First-Aid Kit Imports

Imports into Indonesia

In 2022, purchases abroad of first-aid boxes and kits increased by 1,199% to X tons, rising for the second consecutive year after four years of decline. Overall, imports, however, showed a abrupt contraction. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, first-aid kit imports skyrocketed to $X in 2022. In general, imports, however, showed a abrupt contraction. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Singapore (X tons) constituted the largest supplier of first-aid kit to Indonesia, accounting for a 72% share of total imports. Moreover, first-aid kit imports from Singapore exceeded the figures recorded by the second-largest supplier, the United States (X tons), fivefold. The third position in this ranking was taken by the UK (X tons), with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Singapore totaled -10.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+16.3% per year) and the UK (+98.4% per year).

In value terms, the United States ($X) constituted the largest supplier of first-aid boxes and kits to Indonesia, comprising 47% of total imports. The second position in the ranking was held by Singapore ($X), with a 19% share of total imports. It was followed by the UK, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at +21.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-23.7% per year) and the UK (+101.1% per year).

Import Prices by Country

The average first-aid kit import price stood at $X per ton in 2022, dropping by -28.7% against the previous year. In general, the import price recorded a noticeable reduction. The growth pace was the most rapid in 2017 an increase of 264% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 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 China ($X per ton), while the price for Singapore ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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