South Africa: Adhesive Bandage Market 2024

Adhesive Bandage Market Size in South Africa

The South African adhesive bandage market expanded rapidly to $X in 2022, with an increase of 8.3% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. Adhesive bandage consumption peaked in 2022 and is likely to continue growth in years to come.

Adhesive Bandage Production in South Africa

In value terms, adhesive bandage production amounted to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 27%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Adhesive Bandage Exports

Exports from South Africa

In 2022, adhesive bandage exports from South Africa shrank slightly to X tons, declining by -2.1% against 2021 figures. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 20%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, adhesive bandage exports contracted to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 15% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), the United States (X tons) and Australia (X tons) were the main destinations of adhesive bandage exports from South Africa, together comprising 60% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +86.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Australia ($X) and the Netherlands ($X) were the largest markets for adhesive bandage exported from South Africa worldwide, with a combined 65% share of total exports.

The Netherlands, with a CAGR of +82.2%, 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 -7% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 21% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Lesotho ($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 Botswana (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Adhesive Bandage Imports

Imports into South Africa

In 2022, approx. X tons of adhesive bandages were imported into South Africa; rising by 14% on 2021. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 35%. Imports peaked at X tons in 2019; afterwards, it flattened through to 2022.

In value terms, adhesive bandage imports soared to $X in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest adhesive bandage supplier to South Africa, accounting for a 58% share of total imports. Moreover, adhesive bandage imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), fivefold. Germany (X tons) ranked third in terms of total imports with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+2.1% per year) and Germany (+11.1% per year).

In value terms, China ($X) constituted the largest supplier of adhesive bandages to South Africa, comprising 39% of total imports. The second position in the ranking was held by the United States ($X), with a 15% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.1% per year) and Germany (+12.2% per year).

Import Prices by Country

The average adhesive bandage import price stood at $X per ton in 2022, with an increase of 2.1% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 13%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 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 the United States ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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