Ireland: Adhesive Bandage Market 2024

Adhesive Bandage Market Size in Ireland

For the third consecutive year, the Irish adhesive bandage market recorded growth in sales value, which increased by 32% to $X in 2022. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Adhesive Bandage Production in Ireland

In value terms, adhesive bandage production reduced slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +30.0% against 2014 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 29%. Adhesive bandage production peaked at $X in 2021, and then dropped modestly in the following year.

Adhesive Bandage Exports

Exports from Ireland

In 2022, approx. X tons of adhesive bandages were exported from Ireland; growing by 19% on the previous year. Overall, exports saw prominent growth. The most prominent rate of growth was recorded in 2016 when exports increased by 62% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, adhesive bandage exports rose rapidly to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 143%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

The UK (X tons), Germany (X tons) and the United States (X tons) were the main destinations of adhesive bandage exports from Ireland, with a combined 51% share of total exports. These countries were followed by Belgium, the Netherlands, Malaysia, Japan, Italy, Sweden, France and Spain, which together accounted for a further 42%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +109.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for adhesive bandage exported from Ireland were Germany ($X), the United States ($X) and the Netherlands ($X), with a combined 45% share of total exports. These countries were followed by the UK, Italy, Japan, Malaysia, France, Sweden, Spain and Belgium, which together accounted for a further 38%.

Among the main countries of destination, Malaysia, with a CAGR of +246.1%, recorded the highest growth rate of 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

In 2022, the average adhesive bandage export price amounted to $X per ton, declining by -7.3% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, adhesive bandage export price increased by +41.4% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 82% against the previous year. 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 somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Belgium ($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 (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

Adhesive Bandage Imports

Imports into Ireland

In 2022, approx. X tons of adhesive bandages were imported into Ireland; with an increase of 51% compared with the year before. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.0% 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 +83.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, adhesive bandage imports surged to $X in 2022. In general, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.7% 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 +25.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), China (X tons) and the UK (X tons) were the main suppliers of adhesive bandage imports to Ireland, together accounting for 77% of total imports. These countries were followed by the Netherlands, the United States, Thailand and Belgium, which together accounted for a further 19%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of +41.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and the Netherlands ($X) constituted the largest adhesive bandage suppliers to Ireland, together accounting for 64% of total imports. The United States, China, Belgium and Thailand lagged somewhat behind, together comprising a further 29%.

Thailand, with a CAGR of +34.6%, recorded the highest growth rate of 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 adhesive bandage import price stood at $X per ton in 2022, shrinking by -11.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 32%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, 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 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 the Netherlands (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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