United Kingdom: Gauze Market 2024

Gauze Market Size in the UK

The UK gauze market skyrocketed to $X in 2022, with an increase of 440% against the previous year. Over the period under review, consumption posted a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Gauze Production in the UK

In value terms, gauze production dropped to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2019 with an increase of 36%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Gauze Exports

Exports from the UK

Gauze exports from the UK stood at X square meters in 2022, remaining relatively unchanged against the previous year. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 44%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, gauze exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a mild reduction. The pace of growth was the most pronounced in 2018 when exports increased by 65%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X square meters) was the main destination for gauze exports from the UK, with a 30% share of total exports. Moreover, gauze exports to the United States exceeded the volume sent to the second major destination, Spain (X square meters), twofold. The third position in this ranking was taken by Ireland (X square meters), with an 11% share.

From 2020 to 2022, the average annual growth rate of volume to the United States stood at +17.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+782.7% per year) and Ireland (+165.9% per year).

In value terms, the United States ($X) remains the key foreign market for gauze (excluding medical gauze) exports from the UK, comprising 30% of total exports. The second position in the ranking was held by Spain ($X), with a 14% share of total exports. It was followed by Ireland, with an 11% share.

From 2020 to 2022, the average annual rate of growth in terms of value to the United States stood at +40.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+957.2% per year) and Ireland (+218.1% per year).

Export Prices by Country

In 2022, the average gauze export price amounted to $X per square meter, increasing by 26% against the previous year. Over the period under review, export price indicated prominent growth from 2020 to 2022: its price increased at an average annual rate of +19.7% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gauze export price increased by +43.3% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per square meter) and Australia ($X per square meter), while the average price for exports to Italy ($X per square meter) and France ($X per square meter) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+19.8%), while the prices for the other major destinations experienced more modest paces of growth.

Gauze Imports

Imports into the UK

In 2022, the amount of gauze (excluding medical gauze) imported into the UK soared to X square meters, with an increase of 201% against 2021 figures. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gauze imports skyrocketed to $X in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Hungary (X square meters) constituted the largest gauze supplier to the UK, with a 62% share of total imports. Moreover, gauze imports from Hungary exceeded the figures recorded by the second-largest supplier, Germany (X square meters), threefold. The third position in this ranking was taken by China (X square meters), with an 8.7% share.

From 2020 to 2022, the average annual growth rate of volume from Hungary totaled +1,418.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1,020.3% per year) and China (+39.6% per year).

In value terms, Hungary ($X) constituted the largest supplier of gauze (excluding medical gauze) to the UK, comprising 62% of total imports. The second position in the ranking was taken by Germany ($X), with a 23% share of total imports. It was followed by China, with an 8.7% share.

From 2020 to 2022, the average annual growth rate of value from Hungary totaled +1,852.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1,340.3% per year) and China (+79.5% per year).

Import Prices by Country

The average gauze import price stood at $X per thousand square meters in 2022, with an increase of 79% against the previous year. Over the period under review, the import price recorded a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Hungary ($X per thousand square meters) and Germany ($X per thousand square meters), while the price for China ($X per thousand square meters) and South Korea ($X per thousand square meters) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :