Portugal: Medical Steriliser Market 2024

Medical Steriliser Market Size in Portugal

The Portuguese medical steriliser market rose to $X in 2022, growing by 1.8% against the previous year. In general, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.1% 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 +40.0% against 2020 indices. Medical steriliser consumption peaked in 2022 and is likely to continue growth in the near future.

Medical Steriliser Production in Portugal

In value terms, medical steriliser production rose slightly to $X in 2022 estimated in export price. In general, production, however, showed a strong increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by 52% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Medical Steriliser Exports

Exports from Portugal

In 2022, overseas shipments of medical, surgical or laboratory sterilisers decreased by -3.3% to X units, falling for the second year in a row after four years of growth. Over the period under review, total exports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -11.1% against 2020 indices. The growth pace was the most rapid in 2013 when exports increased by 60% against the previous year. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, medical steriliser exports dropped to $X in 2022. Overall, total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 49% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then fell in the following year.

Exports by Country

France (X units), Angola (X units) and Morocco (X units) were the main destinations of medical steriliser exports from Portugal, with a combined 40% share of total exports. El Salvador, Indonesia, Mexico, Romania, Chile, Cameroon, Sri Lanka, Poland, Libya and Lebanon lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sri Lanka (with a CAGR of +113.2%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for medical, surgical or laboratory sterilisers exports from Portugal, comprising 24% of total exports. The second position in the ranking was taken by Angola ($X), with an 11% share of total exports. It was followed by Morocco, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France amounted to +16.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (+0.9% per year) and Morocco (+17.5% per year).

Export Prices by Country

In 2022, the average medical steriliser export price amounted to $X per unit, waning by -6.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2021 when the average export price increased by 22%. As a result, the export price attained the peak level of $X per unit, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($X per unit), while the average price for exports to Cameroon ($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 Sri Lanka (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Steriliser Imports

Imports into Portugal

In 2022, imports of medical, surgical or laboratory sterilisers into Portugal rose modestly to X units, with an increase of 3% compared with 2021. Over the period under review, imports posted a resilient increase. The growth pace was the most rapid in 2014 when imports increased by 215%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, medical steriliser imports shrank sharply to $X in 2022. Overall, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2014 with an increase of 254% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Italy (X units), Spain (X units) and China (X units) were the main suppliers of medical steriliser imports to Portugal, together accounting for 88% of total imports. These countries were followed by South Korea, Germany and the Netherlands, which together accounted for a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +55.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medical steriliser suppliers to Portugal were Spain ($X), Italy ($X) and South Korea ($X), with a combined 76% share of total imports.

South Korea, with a CAGR of +59.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average medical steriliser import price stood at $X per unit in 2022, dropping by -24.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 46%. The import price peaked at $X per unit in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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