Russian Federation: First-Aid Kit Market 2024

First-Aid Kit Market Size in the Russian Federation

The Russian first-aid kit market shrank to $X in 2022, waning by -2.4% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

First-Aid Kit Production in the Russian Federation

In value terms, first-aid kit production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 43%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

First-Aid Kit Exports

Exports from the Russian Federation

In 2022, exports of first-aid boxes and kits from Russia shrank significantly to X tons, which is down by -17.9% against the previous year's figure. Over the period under review, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2017 when exports increased by 331% against the previous year. The exports peaked at X tons in 2021, and then declined markedly in the following year.

In value terms, first-aid kit exports shrank significantly to $X in 2022. Overall, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of 327% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belarus (X tons), Kazakhstan (X tons) and Ukraine (X tons) were the main destinations of first-aid kit exports from Russia, together accounting for 99% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of +157.8%), while the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Ukraine ($X) and Belarus ($X) constituted the largest markets for first-aid kit exported from Russia worldwide, together accounting for 97% of total exports.

Ukraine, with a CAGR of +160.3%, recorded the highest growth rate of the value of exports, among the main countries of destination 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 first-aid kit export price amounted to $X per ton, surging by 2.1% against the previous year. Overall, the export price, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2015 an increase of 45%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Belarus ($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 Kyrgyzstan (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

First-Aid Kit Imports

Imports into the Russian Federation

In 2022, overseas purchases of first-aid boxes and kits increased by 3.5% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a mild slump. The growth pace was the most rapid in 2016 with an increase of 2,091%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, first-aid kit imports rose to $X in 2022. Over the period under review, imports posted strong growth. The pace of growth appeared the most rapid in 2016 with an increase of 3,751% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Denmark (X kg) constituted the largest supplier of first-aid kit to Russia, with a 74% share of total imports. Moreover, first-aid kit imports from Denmark exceeded the figures recorded by the second-largest supplier, Belarus (X kg), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Denmark stood at +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (+29.4% per year) and the United States (+17.6% per year).

In value terms, Denmark ($X), the United States ($X) and Belarus ($X) constituted the largest first-aid kit suppliers to Russia.

Among the main suppliers, Belarus, with a CAGR of +32.2%, 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

The average first-aid kit import price stood at $X per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 163% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped slightly in the following year.

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 the United States ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :