Norway: Medical Steriliser Market 2024

Medical Steriliser Market Size in Norway

The Norwegian medical steriliser market fell to $X in 2022, dropping by -11.7% 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). In general, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Medical Steriliser Exports

Exports from Norway

In 2022, shipments abroad of medical, surgical or laboratory sterilisers was finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of 174%. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, medical steriliser exports soared to $X in 2022. Overall, exports showed a resilient expansion. The pace of growth was the most pronounced in 2014 when exports increased by 178% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for medical steriliser exports from Norway, accounting for a 55% share of total exports. Moreover, medical steriliser exports to Germany exceeded the volume sent to the second major destination, France (X units), fourfold. The third position in this ranking was taken by the UK (X units), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at -24.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+18.9% per year) and the UK (-14.2% per year).

In value terms, Germany ($X) emerged as the key foreign market for medical, surgical or laboratory sterilisers exports from Norway, comprising 53% of total exports. The second position in the ranking was held by Spain ($X), with a 14% share of total exports. It was followed by Sweden, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at -11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+53.3% per year) and Sweden (-4.4% per year).

Export Prices by Country

In 2022, the average medical steriliser export price amounted to $X per unit, growing by 13% against the previous year. Over the period under review, the export price saw a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of 88%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Steriliser Imports

Imports into Norway

In 2022, the amount of medical, surgical or laboratory sterilisers imported into Norway dropped to X units, reducing by -9.7% against 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 103% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, medical steriliser imports fell to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 100% 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

Denmark (X units), Germany (X units) and Sweden (X units) were the main suppliers of medical steriliser imports to Norway, together accounting for 64% of total imports. Italy, Poland, the Netherlands, the UK, the United States, Austria and Spain lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +62.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest medical steriliser suppliers to Norway were Germany ($X), Denmark ($X) and Italy ($X), together accounting for 67% of total imports. Sweden, the Netherlands, Poland, the United States, the UK, Austria and Spain lagged somewhat behind, together comprising a further 22%.

Poland, with a CAGR of +60.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average medical steriliser import price amounted to $X per unit, remaining stable against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 35%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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