Ireland: First-Aid Kit Market 2024

First-Aid Kit Market Size in Ireland

In 2022, the Irish first-aid kit market decreased by -22% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption, however, continues to indicate resilient growth. As a result, consumption attained the peak level of $X, and then declined significantly in the following year.

First-Aid Kit Exports

Exports from Ireland

In 2022, approx. X tons of first-aid boxes and kits were exported from Ireland; picking up by 38% compared with the previous year. Over the period under review, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2017 when exports increased by 141%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, first-aid kit exports skyrocketed to $X in 2022. Overall, exports enjoyed perceptible growth. The most prominent rate of growth was recorded in 2017 with an increase of 64% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for first-aid kit exports from Ireland, with a 76% share of total exports. Moreover, first-aid kit exports to the UK exceeded the volume sent to the second major destination, Oman (X kg), sevenfold. The third position in this ranking was held by South Africa (X kg), with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+28.3% per year) and South Africa (+75.0% per year).

In value terms, the UK ($X) emerged as the key foreign market for first-aid boxes and kits exports from Ireland, comprising 61% of total exports. The second position in the ranking was taken by Oman ($X), with an 11% share of total exports. It was followed by South Africa, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled +13.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+29.6% per year) and South Africa (+105.5% per year).

Export Prices by Country

In 2022, the average first-aid kit export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Belgium ($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 South Africa (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

First-Aid Kit Imports

Imports into Ireland

In 2022, after three years of growth, there was significant decline in supplies from abroad of first-aid boxes and kits, when their volume decreased by -41.6% to X tons. Overall, imports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 136% against the previous year. As a result, imports reached the peak of X tons, and then shrank rapidly in the following year.

In value terms, first-aid kit imports soared to $X in 2022. In general, imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2015 when imports increased by 61%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest first-aid kit supplier to Ireland, with a 80% share of total imports. Moreover, first-aid kit imports from China exceeded the figures recorded by the second-largest supplier, the UK (X tons), sevenfold. The third position in this ranking was taken by Germany (X tons), with a 4.5% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +23.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+2.1% per year) and Germany (+2.5% per year).

In value terms, China ($X) constituted the largest supplier of first-aid boxes and kits to Ireland, comprising 69% of total imports. The second position in the ranking was taken by the UK ($X), with a 19% share of total imports. It was followed by Italy, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +27.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+3.3% per year) and Italy (+43.2% per year).

Import Prices by Country

The average first-aid kit import price stood at $X per ton in 2022, increasing by 123% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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