United Kingdom: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in the UK

The UK respiration apparatus market dropped markedly to $X in 2021, shrinking by -87.8% against the previous year. In general, consumption continues to indicate a drastic downturn. As a result, consumption attained the peak level of $X, and then declined dramatically in the following year.

Respiration Apparatus Production in the UK

In value terms, respiration apparatus production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 17% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Respiration Apparatus Exports

Exports from the UK

In 2021, the amount of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus exported from the UK soared to X tons, rising by 41% compared with the previous year's figure. In general, exports continue to indicate a strong increase. The growth pace was the most rapid in 2014 when exports increased by 56%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, respiration apparatus exports stood at $X in 2021. Overall, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +9.0% against 2018 indices. The growth pace was the most rapid in 2014 when exports increased by 21%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Ireland (X tons) was the main destination for respiration apparatus exports from the UK, accounting for a 36% share of total exports. Moreover, respiration apparatus exports to Ireland exceeded the volume sent to the second major destination, France (X tons), threefold. Italy (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Ireland amounted to +37.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+33.9% per year) and Italy (+34.9% per year).

In value terms, India ($X), Ireland ($X) and the United States ($X) were the largest markets for respiration apparatus exported from the UK worldwide, with a combined 44% share of total exports.

In terms of the main countries of destination, India, with a CAGR of +46.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average respiration apparatus export price stood at $X per ton in 2021, with a decrease of -20.1% against the previous year. In general, the export price recorded a deep slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 48% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Respiration Apparatus Imports

Imports into the UK

Respiration apparatus imports into the UK reduced markedly to X tons in 2021, falling by -62.2% on 2020 figures. In general, imports continue to indicate a mild setback. The growth pace was the most rapid in 2020 with an increase of 231% against the previous year. As a result, imports reached the peak of X tons, and then declined markedly in the following year.

In value terms, respiration apparatus imports reduced dramatically to $X in 2021. Overall, imports, however, posted mild growth. The most prominent rate of growth was recorded in 2020 with an increase of 122%. As a result, imports reached the peak of $X, and then dropped rapidly in the following year.

Imports by Country

Germany (X tons), China (X tons) and Mexico (X tons) were the main suppliers of respiration apparatus imports to the UK, together comprising 64% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of +36.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Mexico ($X) were the largest respiration apparatus suppliers to the UK, with a combined 48% share of total imports.

Mexico, with a CAGR of +43.5%, recorded the highest growth rate of 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 respiration apparatus import price stood at $X per ton in 2021, remaining stable against the previous year. Overall, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, respiration apparatus import price decreased by -32.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 34% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was New Zealand ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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