Slovakia: Adhesive Bandage Market 2024

Adhesive Bandage Market Size in Slovakia

The Slovak adhesive bandage market dropped significantly to $X in 2022, waning by -20.9% against the previous year. In general, consumption showed a pronounced setback. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Adhesive Bandage Production in Slovakia

In value terms, adhesive bandage production shrank remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a sharp decline. The growth pace was the most rapid in 2021 when the production volume increased by 243%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Adhesive Bandage Exports

Exports from Slovakia

In 2022, approx. X tons of adhesive bandages were exported from Slovakia; with a decrease of -10.3% on the previous year. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of 252%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, adhesive bandage exports contracted to $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2017 with an increase of 350% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Austria (X tons), Hungary (X tons) and the Netherlands (X tons) were the main destinations of adhesive bandage exports from Slovakia, together accounting for 68% of total exports. These countries were followed by the Czech Republic, France, Serbia, the UK and Croatia, which together accounted for a further 26%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +104.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Austria ($X) and the UK ($X) constituted the largest markets for adhesive bandage exported from Slovakia worldwide, with a combined 77% share of total exports. The Netherlands, Serbia, Croatia, the Czech Republic and France lagged somewhat behind, together comprising a further 17%.

Serbia, with a CAGR of +423.2%, saw the highest rates of growth with regard to the value of exports, in terms of 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 adhesive bandage export price amounted to $X per ton, waning by -3.6% against the previous year. Overall, the export price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 51% against the previous year. The export price peaked at $X per ton in 2021, and then fell modestly in the following year.

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 the UK ($X per ton), while the average price for exports to France ($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 the UK (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Adhesive Bandage Imports

Imports into Slovakia

In 2022, after three years of growth, there was significant decline in purchases abroad of adhesive bandages, when their volume decreased by -12.7% to X tons. Over the period under review, imports, however, recorded prominent growth. The pace of growth was the most pronounced in 2013 when imports increased by 35% against the previous year. Imports peaked at X tons in 2021, and then declined in the following year.

In value terms, adhesive bandage imports shrank slightly to $X in 2022. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by 47% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then dropped modestly in the following year.

Imports by Country

Italy (X tons), the Czech Republic (X tons) and Spain (X tons) were the main suppliers of adhesive bandage imports to Slovakia, with a combined 58% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +74.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of adhesive bandages to Slovakia, comprising 42% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 13% share of total imports. It was followed by Spain, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +87.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+35.8% per year) and Spain (+13.2% per year).

Import Prices by Country

In 2022, the average adhesive bandage import price amounted to $X per ton, rising by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2021 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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