United Kingdom: Medical Steriliser Market 2024

Medical Steriliser Market Size in the UK

In 2022, after three years of growth, there was decline in the UK medical steriliser market, when its value decreased by -3.2% to $X. In general, consumption showed a prominent expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Medical Steriliser Production in the UK

In value terms, medical steriliser production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt downturn. The growth pace was the most rapid in 2017 when the production volume increased by 29% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Medical Steriliser Exports

Exports from the UK

For the third year in a row, the UK recorded decline in shipments abroad of medical, surgical or laboratory sterilisers, which decreased by -2.4% to X units in 2022. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 23%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, medical steriliser exports shrank to $X in 2022. Overall, exports recorded a deep slump. The growth pace was the most rapid in 2017 when exports increased by 29% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Malaysia (X units) and Greece (X units) were the main destinations of medical steriliser exports from the UK, with a combined 29% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +24.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for medical, surgical or laboratory sterilisers exports from the UK, comprising 21% of total exports. The second position in the ranking was taken by Ireland ($X), with an 8.1% share of total exports. It was followed by France, with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at -5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (-5.3% per year) and France (-3.2% per year).

Export Prices by Country

In 2022, the average medical steriliser export price amounted to $X per unit, with a decrease of -10.7% against the previous year. Over the period under review, the export price showed a noticeable descent. The pace of growth appeared the most rapid in 2017 when the average export price increased by 17%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+5.8%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Steriliser Imports

Imports into the UK

In 2022, approx. X units of medical, surgical or laboratory sterilisers were imported into the UK; growing by 5.2% on 2021 figures. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by 28%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, medical steriliser imports contracted to $X in 2022. Over the period under review, total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.6% against 2017 indices. The pace of growth was the most pronounced in 2019 with an increase of 36%. Over the period under review, imports hit record highs at $X in 2021, and then shrank in the following year.

Imports by Country

Italy (X units), China (X units) and Germany (X units) were the main suppliers of medical steriliser imports to the UK, together accounting for 72% of total imports. These countries were followed by the United States, Finland, Sweden, Slovenia, the Czech Republic, Spain and the Netherlands, which together accounted for a further 20%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +32.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of medical, surgical or laboratory sterilisers to the UK, comprising 36% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports. It was followed by the United States, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.9% per year) and the United States (+6.2% per year).

Import Prices by Country

The average medical steriliser import price stood at $X per unit in 2022, dropping by -10.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2021 an increase of 49% against the previous year. As a result, import price attained the peak level of $X per unit, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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