Southern Asia: First-Aid Kit Market 2024

First-Aid Kit Market Size in Southern Asia

The South Asian first-aid kit market amounted to $X in 2022, standing approx. at the previous year. Overall, consumption, however, saw a resilient expansion. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

First-Aid Kit Production in Southern Asia

In value terms, first-aid kit production reached $X in 2022 estimated in export price. Over the period under review, production, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 when the production volume increased by 35%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

First-Aid Kit Exports

Exports in Southern Asia

In 2022, shipments abroad of first-aid boxes and kits increased by 16% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, exports, however, continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 49%. Over the period under review, the exports attained the maximum 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 stood at $X in 2022. Overall, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by 43%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

India prevails in exports structure, reaching X tons, which was near 89% of total exports in 2022. It was distantly followed by Pakistan (X tons), mixing up an 8.8% share of total exports. Bangladesh (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to first-aid kit exports from India stood at -22.5%. At the same time, Bangladesh (+9.8%) and Pakistan (+5.4%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +9.8% from 2012-2022. From 2012 to 2022, the share of Pakistan and Bangladesh increased by +8.4 and +2 percentage points, respectively.

In value terms, India ($X) remains the largest first-aid kit supplier in Southern Asia, comprising 92% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 5.8% share of total exports.

In India, first-aid kit exports shrank by an average annual rate of -16.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (+9.0% per year) and Bangladesh (+24.9% per year).

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, shrinking by -5.2% against the previous year. Over the period under review, the export price, however, saw prominent growth. The pace of growth was the most pronounced in 2019 when the export price increased by 30%. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+13.8%), while the other leaders experienced more modest paces of growth.

First-Aid Kit Imports

Imports in Southern Asia

First-aid kit imports contracted remarkably to X tons in 2022, reducing by -36% on 2021. In general, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 75%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, first-aid kit imports declined modestly to $X in 2022. Overall, imports recorded a deep reduction. The pace of growth was the most pronounced in 2014 when imports increased by 111% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Afghanistan prevails in imports structure, accounting for X tons, which was approx. 77% of total imports in 2022. It was distantly followed by India (X tons), comprising a 4.7% share of total imports. The following importers - Bangladesh (X tons), Maldives (X tons), Pakistan (X tons), Nepal (X tons) and Bhutan (X tons) - together made up 18% of total imports.

From 2012 to 2022, average annual rates of growth with regard to first-aid kit imports into Afghanistan stood at +10.3%. At the same time, Bhutan (+16.3%) and Nepal (+1.5%) displayed positive paces of growth. Moreover, Bhutan emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +16.3% from 2012-2022. Maldives experienced a relatively flat trend pattern. By contrast, Bangladesh (-8.8%), India (-25.7%) and Pakistan (-27.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Afghanistan, Maldives, Nepal and Bhutan increased by +65, +2.4, +2.3 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Afghanistan ($X) constitutes the largest market for imported first-aid boxes and kits in Southern Asia, comprising 56% of total imports. The second position in the ranking was held by India ($X), with a 14% share of total imports. It was followed by Pakistan, with a 9.1% share.

In Afghanistan, first-aid kit imports increased at an average annual rate of +2.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (-21.8% per year) and Pakistan (-27.6% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, with an increase of 54% against the previous year. Over the period under review, the import price, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2014 an increase of 100% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nepal (+13.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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