Slovakia: First-Aid Kit Market 2024

First-Aid Kit Market Size in Slovakia

The Slovak first-aid kit market soared to $X in 2022, growing by 23% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a noticeable setback. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

First-Aid Kit Exports

Exports from Slovakia

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 -53% to X tons. Overall, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 when exports increased by 368%. 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 shrank notably to $X in 2022. In general, exports saw a deep reduction. The pace of growth was the most pronounced in 2014 when exports increased by 194% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Austria (X tons), the Czech Republic (X tons) and Ukraine (X tons) were the main destinations of first-aid kit exports from Slovakia, with a combined 87% share of total exports. Hungary, Germany and Poland lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +116.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for first-aid kit exported from Slovakia were Austria ($X), the Czech Republic ($X) and Ukraine ($X), together comprising 84% of total exports. Germany, Hungary and Poland lagged somewhat behind, together comprising a further 14%.

Poland, with a CAGR of +139.2%, 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 more modest paces of growth.

Export Prices by Country

The average first-aid kit export price stood at $X per ton in 2022, growing by 11% against the previous year. Overall, the export price, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2016 when the average export price increased by 32% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($X per ton) and Poland ($X per ton), while the average price for exports to Austria ($X per ton) and Ukraine ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

First-Aid Kit Imports

Imports into Slovakia

In 2022, the amount of first-aid boxes and kits imported into Slovakia declined to X tons, shrinking by -8.6% against 2021 figures. In general, imports, however, saw notable growth. The growth pace was the most rapid in 2020 with an increase of 187% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, first-aid kit imports soared to $X in 2022. Overall, imports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2020 when imports increased by 512%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of first-aid kit imports to Slovakia, together comprising 93% of total imports. These countries were followed by the Netherlands, which accounted for a further 2.5%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +65.3%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of first-aid boxes and kits to Slovakia, comprising 51% of total imports. The second position in the ranking was held by Germany ($X), with a 25% share of total imports. It was followed by the Czech Republic, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.1% per year) and the Czech Republic (-13.6% per year).

Import Prices by Country

In 2022, the average first-aid kit import price amounted to $X per ton, with an increase of 28% against the previous year. Overall, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by 113% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Netherlands ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :