Northern America: Adhesive Dressings Market 2024

Adhesive Dressings Market Size in Northern America

For the seventh consecutive year, the North American adhesive dressings market recorded growth in sales value, which increased by 7.1% to $X in 2021. The total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +70.7% against 2012 indices. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Adhesive Dressings Production in Northern America

In value terms, adhesive dressings production dropped slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by 20%. The level of production peaked at $X in 2020, and then shrank slightly in the following year.

Adhesive Dressings Exports

Exports in Northern America

In 2021, overseas shipments of adhesive dressings or similar articles increased by 0.6% to X tons, rising for the fourth year in a row after four years of decline. Overall, exports, however, continue to indicate a slight decline. The pace of growth was the most pronounced in 2013 with an increase of 12%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, adhesive dressings exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +5.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) represented roughly 99% of total exports in 2021.

The United States was also the fastest-growing in terms of the adhesive dressings or similar articles exports, with a CAGR of -1.1% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest adhesive dressings supplier in Northern America.

From 2012 to 2021, the average annual growth rate of value in the United States totaled +5.7%.

Export Prices by Country

In 2021, the export price in Northern America amounted to $X per ton, jumping by 21% against the previous year. Export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +6.9% per year.

Adhesive Dressings Imports

Imports in Northern America

In 2021, imports of adhesive dressings or similar articles in Northern America skyrocketed to X tons, growing by 24% compared with 2020 figures. Total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +89.6% against 2014 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, adhesive dressings imports soared to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +98.4% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States dominates imports structure, resulting at X tons, which was near 91% of total imports in 2021. It was distantly followed by Canada (X tons), mixing up an 8.9% share of total imports.

The United States was also the fastest-growing in terms of the adhesive dressings or similar articles imports, with a CAGR of +8.1% from 2012 to 2021. Canada experienced a relatively flat trend pattern. From 2012 to 2021, the share of the United States increased by +6.9 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported adhesive dressings or similar articles in Northern America, comprising 88% of total imports. The second position in the ranking was taken by Canada ($X), with a 12% share of total imports.

In the United States, adhesive dressings imports expanded at an average annual rate of +8.7% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, approximately mirroring the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 14% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.6%).

Source: IndexBox Platform

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