Sweden: First-Aid Kit Market 2024

First-Aid Kit Market Size in Sweden

The Swedish first-aid kit market rose significantly to $X in 2022, surging by 14% against the previous year. In general, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +70.9% against 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

First-Aid Kit Production in Sweden

In value terms, first-aid kit production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.5% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 119%. 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 Sweden

In 2022, first-aid kit exports from Sweden declined modestly to X tons, which is down by -2.5% against 2021. Overall, exports recorded a pronounced descent. The most prominent rate of growth was recorded in 2017 when exports increased by 36% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, first-aid kit exports expanded markedly to $X in 2022. In general, total exports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -21.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 104%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Norway (X tons) was the main destination for first-aid kit exports from Sweden, accounting for a 60% share of total exports. Moreover, first-aid kit exports to Norway exceeded the volume sent to the second major destination, Finland (X tons), fivefold. Denmark (X tons) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway totaled +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-10.6% per year) and Denmark (+2.1% per year).

In value terms, Norway ($X) remains the key foreign market for first-aid boxes and kits exports from Sweden, comprising 57% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 17% share of total exports. It was followed by Finland, with a 9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway totaled +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+1,047.3% per year) and Finland (-6.2% per year).

Export Prices by Country

The average first-aid kit export price stood at $X per ton in 2022, surging by 8.3% against the previous year. Overall, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 64%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

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 Ukraine ($X per ton), while the average price for exports to Poland ($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 Ukraine (+94.3%), while the prices for the other major destinations experienced more modest paces of growth.

First-Aid Kit Imports

Imports into Sweden

In 2022, after two years of decline, there was significant growth in supplies from abroad of first-aid boxes and kits, when their volume increased by 32% to X tons. The total import volume increased at an average annual rate of +2.1% 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 2016 with an increase of 35%. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, first-aid kit imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when imports increased by 34%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Denmark (X tons) and Germany (X tons) were the main suppliers of first-aid kit imports to Sweden, together accounting for 57% of total imports. Lithuania, Poland, the UK, the Netherlands, India, Norway and Finland lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +61.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Poland ($X) and Denmark ($X) were the largest first-aid kit suppliers to Sweden, together accounting for 59% of total imports.

Poland, with a CAGR of +75.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average first-aid kit import price stood at $X per ton in 2022, waning by -2.8% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 34%. The import price peaked at $X per ton in 2021, and then shrank in the following year.

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 UK ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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