Republic of Korea: Market for Sterile Surgical Or Dental Adhesion Barriers 2024

Market Size for Sterile Surgical Or Dental Adhesion Barriers in Republic of Korea

The South Korean sterile medical adhesion barrier market contracted slightly to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, recorded a moderate expansion. Sterile medical adhesion barrier consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Sterile Surgical Or Dental Adhesion Barriers in Republic of Korea

In value terms, sterile medical adhesion barrier production reduced slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Sterile Surgical Or Dental Adhesion Barriers

Exports from Republic of Korea

In 2022, the amount of sterile surgical or dental adhesion barriers exported from South Korea reached X tons, picking up by X% on the year before. In general, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, sterile medical adhesion barrier exports rose significantly to $X in 2022. Over the period under review, exports enjoyed a strong increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

China (X tons), the United States (X tons) and Japan (X tons) were the main destinations of sterile medical adhesion barrier exports from South Korea, together comprising X% of total exports. Vietnam, Russia, Indonesia, the Netherlands, Spain, Austria, Colombia, Turkey, Mexico and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for sterile medical adhesion barrier exported from South Korea were Japan ($X), China ($X) and the United States ($X), with a combined X% share of total exports. Vietnam, Russia, Indonesia, Austria, Colombia, Turkey, Spain, Mexico, the United Arab Emirates and the Netherlands lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to 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 sterile medical adhesion barrier export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, saw a mild shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% against the previous year. The export price peaked 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 Japan ($X,159 per ton), while the average price for exports to the Netherlands ($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 United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sterile Surgical Or Dental Adhesion Barriers

Imports into Republic of Korea

In 2022, after two years of decline, there was significant growth in purchases abroad of sterile surgical or dental adhesion barriers, when their volume increased by X% to X tons. In general, imports, however, recorded a noticeable decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sterile medical adhesion barrier imports rose modestly to $X in 2022. Overall, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

The United States (X tons), the Dominican Republic (X tons) and Mexico (X tons) were the main suppliers of sterile medical adhesion barrier imports to South Korea, with a combined X% share of total imports.

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

In value terms, the United States ($X), Mexico ($X) and Germany ($X) were the largest sterile medical adhesion barrier suppliers to South Korea, together comprising X% of total imports.

In terms of the main suppliers, Mexico, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the average sterile medical adhesion barrier import price amounted to $X per ton, dropping by X% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sterile medical adhesion barrier import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per ton in 2021, and then declined in the following year.

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

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

Source: IndexBox Platform

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