MERCOSUR: Surgical Glove Market 2024

Surgical Glove Market Size in MERCOSUR

In 2022, after two years of growth, there was significant decline in the MERCOSUR surgical glove market, when its value decreased by -13.3% to $X. The total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +48.6% against 2019 indices. The level of consumption peaked at $X in 2021, and then shrank in the following year.

Surgical Glove Production in MERCOSUR

In value terms, surgical glove production contracted to $X in 2022 estimated in export price. In general, production saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by 25% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Surgical Glove Exports

Exports in MERCOSUR

In 2022, overseas shipments of surgical gloves increased by 111% to X tons, rising for the second consecutive year after two years of decline. Overall, exports recorded a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, surgical glove exports skyrocketed to $X in 2022. In general, exports saw strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Brazil (X tons) was the largest exporter of surgical gloves, achieving 76% of total exports. Peru (X tons) held a 13% share (based on physical terms) of total exports, which put it in second place, followed by Colombia (8.3%).

Brazil was also the fastest-growing in terms of the surgical gloves exports, with a CAGR of +71.8% from 2012 to 2022. At the same time, Peru (+11.0%) displayed positive paces of growth. By contrast, Colombia (-2.1%) illustrated a downward trend over the same period. Brazil (+75 p.p.) and Peru (+3.5 p.p.) significantly strengthened its position in terms of the total exports, while Colombia saw its share reduced by -13.5% from 2012 to 2022, respectively.

In value terms, Brazil ($X) emerged as the largest surgical glove supplier in MERCOSUR, comprising 55% of total exports. The second position in the ranking was held by Peru ($X), with a 23% share of total exports.

In Brazil, surgical glove exports increased at an average annual rate of +57.5% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Peru (+26.3% per year) and Colombia (+10.2% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, with a decrease of -13.3% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the export price increased by 50% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+13.8%), while the other leaders experienced mixed trends in the export price figures.

Surgical Glove Imports

Imports in MERCOSUR

After three years of growth, overseas purchases of surgical gloves decreased by -8.7% to X tons in 2022. Total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 when imports increased by 43% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then shrank in the following year.

In value terms, surgical glove imports declined to $X in 2022. In general, imports, however, continue to indicate a notable expansion. The most prominent rate of growth was recorded in 2020 with an increase of 42% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

Peru was the largest importing country with an import of about X tons, which accounted for 44% of total imports. Argentina (X tons) took the second position in the ranking, followed by Colombia (X tons) and Chile (X tons). All these countries together held approx. 41% share of total imports. Ecuador (X tons), Suriname (X tons) and Paraguay (X tons) took a little share of total imports.

Imports into Peru increased at an average annual rate of +7.6% from 2012 to 2022. At the same time, Suriname (+18.5%), Chile (+8.8%) and Argentina (+6.5%) displayed positive paces of growth. Moreover, Suriname emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +18.5% from 2012-2022. Colombia experienced a relatively flat trend pattern. By contrast, Ecuador (-2.3%) and Paraguay (-5.2%) illustrated a downward trend over the same period. Peru (+18 p.p.), Argentina (+6.1 p.p.), Chile (+4.2 p.p.) and Suriname (+1.9 p.p.) significantly strengthened its position in terms of the total imports, while Colombia, Ecuador and Paraguay saw its share reduced by -1.9%, -2% and -2.5% from 2012 to 2022, respectively.

In value terms, Peru ($X), Argentina ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 73% share of total imports. Chile, Ecuador, Paraguay and Suriname lagged somewhat behind, together comprising a further 19%.

Among the main importing countries, Chile, with a CAGR of +12.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, falling by -5.6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by 32%. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

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 Chile ($X per ton), while Suriname ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+3.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform