New Zealand: First-Aid Kit Market 2024

First-Aid Kit Market Size in New Zealand

The New Zealand first-aid kit market soared to $X in 2022, growing by 21% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +7.4% 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 +117.8% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in years to come.

First-Aid Kit Exports

Exports from New Zealand

First-aid kit exports from New Zealand declined slightly to X tons in 2022, therefore, remained relatively stable against 2021 figures. Over the period under review, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 with an increase of 108% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, first-aid kit exports soared to $X in 2022. In general, exports faced a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of 133% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Papua New Guinea (X tons), Singapore (X kg) and Australia (X kg) were the main destinations of first-aid kit exports from New Zealand, together accounting for 62% of total exports. Vanuatu, Cook Islands, Fiji, the United States and French Polynesia lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the biggest increases were recorded for Vanuatu (with a CAGR of +27.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for first-aid kit exported from New Zealand were Singapore ($X), Australia ($X) and Papua New Guinea ($X), together accounting for 59% of total exports. Cook Islands, Fiji, French Polynesia, Vanuatu and the United States lagged somewhat behind, together comprising a further 27%.

Cook Islands, with a CAGR of +18.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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 first-aid kit export price amounted to $X per ton, picking up by 51% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 105% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Fiji ($X per ton), while the average price for exports to the United States ($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 the UK (+1.8%), while the prices for the other major destinations experienced a decline.

First-Aid Kit Imports

Imports into New Zealand

In 2022, first-aid kit imports into New Zealand skyrocketed to X tons, with an increase of 22% compared with the year before. Overall, imports showed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 55%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, first-aid kit imports soared to $X in 2022. In general, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.9% 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 +98.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 65% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest first-aid kit supplier to New Zealand, with a 67% share of total imports. Moreover, first-aid kit imports from China exceeded the figures recorded by the second-largest supplier, Australia (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a 5.5% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+20.5% per year) and the United States (+12.2% per year).

In value terms, China ($X) constituted the largest supplier of first-aid boxes and kits to New Zealand, comprising 67% of total imports. The second position in the ranking was held by Australia ($X), with a 21% share of total imports. It was followed by the United States, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+9.3% per year) and the United States (+1.2% per year).

Import Prices by Country

In 2022, the average first-aid kit import price amounted to $X per ton, with a decrease of -2% against the previous year. Overall, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2020 an increase of 17%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($X per ton) and the UK ($X per ton), while the price for the United States ($X per ton) and China ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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