Norway: First-Aid Kit Market 2024

First-Aid Kit Market Size in Norway

The Norwegian first-aid kit market soared to $X in 2022, rising by 119% against the previous year. In general, consumption posted noticeable growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

First-Aid Kit Production in Norway

In value terms, first-aid kit production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt downturn. First-aid kit production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

First-Aid Kit Exports

Exports from Norway

In 2022, after three years of growth, there was significant decline in shipments abroad of first-aid boxes and kits, when their volume decreased by -63.3% to X tons. Over the period under review, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 184%. The exports peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, first-aid kit exports reduced notably to $X in 2022. Overall, exports, however, recorded a resilient increase. The growth pace was the most rapid in 2020 with an increase of 196%. The exports peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Ukraine (X tons) was the main destination for first-aid kit exports from Norway, with a 40% share of total exports. Moreover, first-aid kit exports to Ukraine exceeded the volume sent to the second major destination, Sweden (X tons), twofold. The third position in this ranking was held by Denmark (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Ukraine was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+18.9% per year) and Denmark (+8.1% per year).

In value terms, Ukraine ($X), Sweden ($X) and Denmark ($X) constituted the largest markets for first-aid kit exported from Norway worldwide, with a combined 72% share of total exports. Poland, Switzerland, Germany and France lagged somewhat behind, together accounting for a further 17%.

Poland, with a CAGR of +71.4%, recorded 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, dropping by -3.4% against the previous year. Overall, the export price recorded a pronounced slump. The growth pace was the most rapid in 2015 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Poland ($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 Denmark (+1.7%), while the prices for the other major destinations experienced a decline.

First-Aid Kit Imports

Imports into Norway

In 2022, first-aid kit imports into Norway soared to X tons, jumping by 25% against 2021. Overall, total imports indicated a notable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.1% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 59%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, first-aid kit imports skyrocketed to $X in 2022. Over the period under review, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 170% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of first-aid kit to Norway, with a 48% share of total imports. Moreover, first-aid kit imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was held by Sweden (X tons), with a 17% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+82.2% per year) and Sweden (+1.0% per year).

In value terms, China ($X), Sweden ($X) and Poland ($X) were the largest first-aid kit suppliers to Norway, together comprising 75% of total imports.

In terms of the main suppliers, Poland, with a CAGR of +64.6%, saw the highest rates of growth with regard to 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

The average first-aid kit import price stood at $X per ton in 2022, declining by -3.6% against the previous year. Over the period under review, the import price, however, enjoyed a notable increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :