Portugal: Surgical Glove Market 2024

Surgical Glove Market Size in Portugal

In 2022, the Portuguese surgical glove market decreased by -8.9% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, saw a moderate expansion. Surgical glove consumption peaked at $X in 2021, and then dropped in the following year.

Surgical Glove Production in Portugal

In value terms, surgical glove production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild shrinkage. The growth pace was the most rapid in 2018 when the production volume increased by 66% against the previous year. Surgical glove production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Surgical Glove Exports

Exports from Portugal

In 2022, overseas shipments of surgical gloves decreased by -23.1% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 75% against the previous year. As a result, the exports attained the peak of X tons, and then fell significantly in the following year.

In value terms, surgical glove exports declined dramatically to $X in 2022. Overall, exports, however, showed a resilient increase. The growth pace was the most rapid in 2021 with an increase of 116% against the previous year. As a result, the exports reached the peak of $X, and then dropped significantly in the following year.

Exports by Country

Spain (X tons), France (X tons) and Angola (X tons) were the main destinations of surgical glove exports from Portugal, together accounting for 86% of total exports. These countries were followed by Cabo Verde, Guinea-Bissau and the UK, which together accounted for a further 8.6%.

From 2012 to 2022, the biggest increases were recorded for Guinea-Bissau (with a CAGR of +105.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for surgical glove exported from Portugal were Spain ($X), France ($X) and Angola ($X), with a combined 82% share of total exports. These countries were followed by the UK, Guinea-Bissau and Cabo Verde, which together accounted for a further 13%.

In terms of the main countries of destination, Guinea-Bissau, with a CAGR of +111.7%, saw the highest growth rate of the value of exports, 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 surgical glove export price amounted to $X per ton, with a decrease of -5% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, surgical glove export price increased by +63.0% against 2018 indices. The growth pace was the most rapid in 2013 an increase of 43%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Cabo Verde ($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 (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Surgical Glove Imports

Imports into Portugal

In 2022, the amount of surgical gloves imported into Portugal fell slightly to X tons, waning by -3% on the previous year. Over the period under review, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 85% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, surgical glove imports declined to $X in 2022. In general, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 206%. Over the period under review, imports attained the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest surgical glove supplier to Portugal, with a 45% share of total imports. Moreover, surgical glove imports from Spain exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), threefold. The third position in this ranking was held by Poland (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+3.2% per year) and Poland (+77.5% per year).

In value terms, Spain ($X) constituted the largest supplier of surgical gloves to Portugal, comprising 48% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 19% share of total imports. It was followed by Poland, with a 9% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at +20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+11.7% per year) and Poland (+80.7% per year).

Import Prices by Country

In 2022, the average surgical glove import price amounted to $X per ton, which is down by -10.8% against the previous year. Over the period under review, the import price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2020 when the average import price increased by 65%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then reduced in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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