MERCOSUR: First-Aid Kit Market 2024

First-Aid Kit Market Size in MERCOSUR

The MERCOSUR first-aid kit market dropped to $X in 2022, shrinking by -4.6% against the previous year. In general, consumption, however, saw a slight expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

First-Aid Kit Production in MERCOSUR

In value terms, first-aid kit production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 27% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

First-Aid Kit Exports

Exports in MERCOSUR

In 2022, the amount of first-aid boxes and kits exported in MERCOSUR surged to X tons, jumping by 108% compared with 2021 figures. Over the period under review, exports posted prominent growth. The growth pace was the most rapid in 2015 when exports increased by 171% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, first-aid kit exports skyrocketed to $X in 2022. Overall, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 104% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

Brazil (X tons) and Colombia (X tons) represented the largest exporters of first-aid boxes and kits in 2022, resulting at approx. 45% and 34% of total exports, respectively. It was distantly followed by Argentina (X tons), making up a 14% share of total exports. The following exporters - Chile (X kg) and Ecuador (X kg) - each recorded a 6.4% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Brazil (with a CAGR of +32.0%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X) remains the largest first-aid kit supplier in MERCOSUR, comprising 71% of total exports. The second position in the ranking was taken by Colombia ($X), with a 14% share of total exports. It was followed by Argentina, with an 8.4% share.

In Brazil, first-aid kit exports increased at an average annual rate of +19.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (+12.2% per year) and Argentina (+46.9% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2022, with a decrease of -14% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the export price increased by 157%. Over the period under review, the export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+13.3%), while the other leaders experienced mixed trends in the export price figures.

First-Aid Kit Imports

Imports in MERCOSUR

In 2022, purchases abroad of first-aid boxes and kits increased by 17% to X tons, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 62% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, first-aid kit imports rose rapidly to $X in 2022. Over the period under review, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 62%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Chile dominates imports structure, recording X tons, which was approx. 85% of total imports in 2022. It was distantly followed by Venezuela (X tons), comprising a 5% share of total imports. Suriname (X tons) and Guyana (X tons) followed a long way behind the leaders.

Chile was also the fastest-growing in terms of the first-aid boxes and kits imports, with a CAGR of +26.9% from 2012 to 2022. At the same time, Venezuela (+15.0%) and Guyana (+6.6%) displayed positive paces of growth. By contrast, Suriname (-10.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile increased by +48 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported first-aid boxes and kits in MERCOSUR, comprising 76% of total imports. The second position in the ranking was taken by Venezuela ($X), with a 4.4% share of total imports. It was followed by Guyana, with a 2.2% share.

In Chile, first-aid kit imports increased at an average annual rate of +23.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Venezuela (+9.3% per year) and Guyana (+3.3% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, reducing by -5.4% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by 37%. Over the period under review, import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Suriname (+12.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform