Russian Federation: Adhesive Bandage Market 2024

Adhesive Bandage Market Size in the Russian Federation

The Russian adhesive bandage market expanded significantly to $X in 2022, increasing by 7% against the previous year. Overall, consumption recorded a significant increase. Adhesive bandage consumption peaked in 2022 and is expected to retain growth in years to come.

Adhesive Bandage Production in the Russian Federation

In value terms, adhesive bandage production rose modestly to $X in 2022 estimated in export price. Over the period under review, production recorded slight growth. The growth pace was the most rapid in 2020 when the production volume increased by 13%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Adhesive Bandage Exports

Exports from the Russian Federation

Adhesive bandage exports from Russia contracted significantly to X tons in 2022, with a decrease of -16.8% compared with 2021 figures. In general, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2016 with an increase of 110% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, adhesive bandage exports shrank markedly to $X in 2022. Overall, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 49%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Kazakhstan (X tons), Belarus (X tons) and Ukraine (X tons) were the main destinations of adhesive bandage exports from Russia, together comprising 87% of total exports. These countries were followed by Kyrgyzstan and Armenia, which together accounted for a further 8.9%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Armenia (with a CAGR of +36.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for adhesive bandage exported from Russia were Belarus ($X), Kazakhstan ($X) and Ukraine ($X), together comprising 90% of total exports. These countries were followed by Kyrgyzstan and Armenia, which together accounted for a further 5.6%.

Armenia, with a CAGR of +29.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average adhesive bandage export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price, however, showed a slight shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 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 Belarus ($X per ton), while the average price for exports to Armenia ($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 Belarus (+1.4%), while the prices for the other major destinations experienced a decline.

Adhesive Bandage Imports

Imports into the Russian Federation

Adhesive bandage imports into Russia rose markedly to X tons in 2022, growing by 11% compared with 2021. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 23% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, adhesive bandage imports expanded to $X in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 45% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), the UK (X tons) and Spain (X tons) were the main suppliers of adhesive bandage imports to Russia, together accounting for 88% of total imports. Egypt, Latvia, Italy, Germany and Poland lagged somewhat behind, together comprising a further 8.2%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Latvia (with a CAGR of +71.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest adhesive bandage suppliers to Russia were the UK ($X), China ($X) and Spain ($X), together comprising 81% of total imports. Egypt, Latvia, Germany, Italy and Poland lagged somewhat behind, together accounting for a further 9.2%.

In terms of the main suppliers, Latvia, with a CAGR of +63.1%, saw 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 adhesive bandage import price amounted to $X per ton, declining by -7.3% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for China ($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 (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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