Russian Federation: Medical Steriliser Market 2024

Medical Steriliser Market Size in the Russian Federation

The Russian medical steriliser market expanded rapidly to $X in 2022, surging by 6.1% against the previous year. Overall, consumption, however, recorded a pronounced downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Medical Steriliser Production in the Russian Federation

In value terms, medical steriliser production rose significantly to $X in 2022 estimated in export price. Overall, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -6.4% against 2020 indices. The pace of growth appeared the most rapid in 2015 with an increase of 50%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Medical Steriliser Exports

Exports from the Russian Federation

In 2022, shipments abroad of medical, surgical or laboratory sterilisers increased by 20% to X units, rising for the third consecutive year after two years of decline. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 27%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, medical steriliser exports declined to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kazakhstan (X units) was the main destination for medical steriliser exports from Russia, accounting for a 57% share of total exports. Moreover, medical steriliser exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X units), threefold. Armenia (X units) ranked third in terms of total exports with a 16% share.

From 2012 to 2022, the average annual growth rate of volume to Kazakhstan stood at +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+15.9% per year) and Armenia (+35.0% per year).

In value terms, the largest markets for medical steriliser exported from Russia were Belarus ($X), Kazakhstan ($X) and Armenia ($X), together comprising 91% of total exports.

Belarus, with a CAGR of +19.5%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average medical steriliser export price stood at $X per unit in 2022, falling by -27.9% against the previous year. In general, the export price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 10%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Belarus ($X per unit), while the average price for exports to Armenia ($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 Latvia (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Steriliser Imports

Imports into the Russian Federation

In 2022, overseas purchases of medical, surgical or laboratory sterilisers increased by 7.7% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, showed a abrupt setback. The growth pace was the most rapid in 2013 with an increase of 64% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, medical steriliser imports amounted to $X in 2022. In general, imports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 42%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of medical steriliser to Russia, accounting for a 82% share of total imports. Moreover, medical steriliser imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), ninefold. South Korea (X units) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.8% per year) and South Korea (-1.2% per year).

In value terms, China ($X) constituted the largest supplier of medical, surgical or laboratory sterilisers to Russia, comprising 49% of total imports. The second position in the ranking was taken by the United States ($X), with an 18% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.7% per year) and Germany (-8.7% per year).

Import Prices by Country

In 2022, the average medical steriliser import price amounted to $X per unit, declining by -6.5% against the previous year. Over the period under review, the import price saw a pronounced slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 110%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Sweden ($X per unit), while the price for Belarus ($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 Czech Republic (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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