Saudi Arabia: First-Aid Kit Market 2024

First-Aid Kit Market Size in Saudi Arabia

The Saudi first-aid kit market shrank to $X in 2022, declining by -12.5% against the previous year. In general, consumption, however, posted a remarkable increase. First-aid kit consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

First-Aid Kit Production in Saudi Arabia

In value terms, first-aid kit production contracted sharply to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2014 with an increase of 138% against the previous year. 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.

First-Aid Kit Exports

Exports from Saudi Arabia

In 2022, after two years of growth, there was significant decline in overseas shipments of first-aid boxes and kits, when their volume decreased by -24.8% to X tons. Overall, exports saw a sharp setback. The pace of growth appeared the most rapid in 2016 when exports increased by 216% 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 stood at a somewhat lower figure.

In value terms, first-aid kit exports reached $X in 2022. In general, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of 108%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for first-aid kit exports from Saudi Arabia, with a 42% share of total exports. Moreover, first-aid kit exports to Spain exceeded the volume sent to the second major destination, France (X kg), sixfold.

From 2012 to 2022, the average annual growth rate of volume to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+29.4% per year) and Switzerland (+30.1% per year).

In value terms, the largest markets for first-aid kit exported from Saudi Arabia were Spain ($X), France ($X) and Switzerland ($X), together comprising 54% of total exports.

Among the main countries of destination, Switzerland, with a CAGR of +31.8%, recorded 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

The average first-aid kit export price stood at $X per ton in 2022, increasing by 35% against the previous year. Overall, the export price, however, saw a drastic downturn. The pace of growth was the most pronounced in 2018 an increase of 230%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Spain ($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 (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

First-Aid Kit Imports

Imports into Saudi Arabia

In 2020, approx. X tons of first-aid boxes and kits were imported into Saudi Arabia; leveling off at the year before. In general, imports continue to indicate measured growth. The most prominent rate of growth was recorded in 2013 when imports increased by 29% against the previous year. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, first-aid kit imports totaled $X in 2020. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when imports increased by 72% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, China (X tons) constituted the largest supplier of first-aid kit to Saudi Arabia, with a 84% share of total imports. Moreover, first-aid kit imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold.

From 2012 to 2020, the average annual growth rate of volume from China totaled +5.8%.

In value terms, the United States ($X) and China ($X) appeared to be the largest first-aid kit suppliers to Saudi Arabia.

In terms of the main suppliers, China, with a CAGR of +13.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average first-aid kit import price stood at $X per ton in 2020, remaining stable against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2016 an increase of 82% against the previous year. As a result, import price reached the peak level of $X per ton. From 2017 to 2020, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Egypt (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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