Report Update Nov 1, 2024

Serbia - First-Aid Boxes and Kits - Market Analysis, Forecast, Size, Trends and Insights

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Serbia: First-Aid Kit Market 2024

First-Aid Kit Market Size in Serbia

In 2022, the Serbian first-aid kit market increased by 66% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption recorded a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

First-Aid Kit Production in Serbia

In value terms, first-aid kit production shrank modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.1% 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 +0.3% against 2020 indices. The growth pace was the most rapid in 2014 when the production volume increased by 47%. First-aid kit production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

First-Aid Kit Exports

Exports from Serbia

First-aid kit exports from Serbia declined modestly to X tons in 2022, dropping by -1.8% against 2021. In general, exports recorded a deep downturn. The growth pace was the most rapid in 2014 when exports increased by 169%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, first-aid kit exports surged to $X in 2022. Over the period under review, exports saw a perceptible curtailment. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X tons), Poland (X tons) and Montenegro (X tons) were the main destinations of first-aid kit exports from Serbia, with a combined 94% share 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 Montenegro (with a CAGR of +47.2%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) emerged as the key foreign market for first-aid boxes and kits exports from Serbia, comprising 51% of total exports. The second position in the ranking was held by Somalia ($X), with an 18% share of total exports. It was followed by Bosnia and Herzegovina, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland amounted to +48.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (0.0% per year) and Bosnia and Herzegovina (+23.7% per year).

Export Prices by Country

The average first-aid kit export price stood at $X per ton in 2022, with an increase of 132% against the previous year. Over the period under review, the export price recorded a strong expansion. The growth pace was the most rapid in 2017 an increase of 139%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Somalia ($X per ton), while the average price for exports to France ($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 Poland (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.

First-Aid Kit Imports

Imports into Serbia

In 2022, approx. X tons of first-aid boxes and kits were imported into Serbia; with an increase of 21,773% against the previous year's figure. Overall, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 41,000%. Over the period under review, imports attained the peak figure at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, first-aid kit imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 when imports increased by 20,035%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main first-aid kit supplier to Serbia, accounting for a approx. 99% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +9.4%.

In value terms, China ($X) constituted the largest supplier of first-aid boxes and kits to Serbia.

From 2012 to 2022, the average annual growth rate of value from China stood at +11.6%.

Import Prices by Country

In 2022, the average first-aid kit import price amounted to $X per ton, declining by -65.8% against the previous year. Overall, the import price recorded a perceptible decline. The growth pace was the most rapid in 2021 when the average import price increased by 754%. As a result, import price attained the peak level of $X per ton, and then reduced remarkably in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.0% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the first-aid kit market in Serbia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 21202460 - First-aid boxes and kits

Country coverage:

Serbia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Serbia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023