United Kingdom - Medical, Surgical Or Veterinary Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedical Furniture Price in the UK - 2023
Contents:
- Medical Furniture Price in the UK (CIF) - 2023
- Medical Furniture Price in the UK (FOB) - 2022
- Medical Furniture Imports in the UK
- Medical Furniture Exports in the UK
Medical Furniture Price in the UK (CIF) - 2023
The average medical furniture import price stood at $17.8 per unit in August 2023, with a decrease of -11.2% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 27% month-to-month. Over the period under review, average import prices hit record highs at $26.2 per unit in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($79.2 per unit), while the price for Portugal ($8.1 per unit) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Medical Furniture Price in the UK (FOB) - 2022
The average medical furniture export price stood at $33 per unit in 2022, rising by 11% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $35 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($76 per unit), while the average price for exports to Pakistan ($3.1 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 China (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Medical Furniture Imports in the UK
For the fourth consecutive year, the UK recorded growth in purchases abroad of medical, surgical or veterinary furniture, which increased by 7.7% to 13M units in 2022. The total import volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, medical furniture imports surged to $270M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 46%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
Import of Medical Furniture in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 35.9 | 46.1 | 57.9 | 65.9 | 22.4% |
Germany | 34.8 | 33.7 | 42.6 | 46.8 | 10.4% |
United States | 14.1 | 19.5 | 25.0 | 45.1 | 47.3% |
Poland | 16.1 | 22.5 | 9.0 | 17.2 | 2.2% |
Taiwan (Chinese) | 9.4 | 11.6 | 20.3 | 14.7 | 16.1% |
France | 2.5 | 15.6 | 3.7 | 11.6 | 66.8% |
Czech Republic | 16.3 | 30.3 | 6.5 | 9.2 | -17.4% |
Estonia | 3.6 | 9.6 | 0.8 | 7.1 | 25.4% |
Turkey | 2.1 | 5.8 | 2.9 | 5.0 | 33.5% |
Canada | 1.0 | 1.3 | 2.6 | 4.4 | 63.9% |
Portugal | 1.2 | 3.7 | 7.9 | 3.6 | 44.2% |
Netherlands | 16.0 | 18.0 | 22.3 | 2.9 | -43.4% |
Vietnam | 2.6 | 2.9 | 4.6 | 2.9 | 3.7% |
Others | 16.4 | 31.0 | 28.2 | 33.8 | 27.3% |
Total | 172 | 252 | 234 | 270 | 16.2% |
Top Suppliers of Medical Furniture to the UK in 2022:
- China (5440.8K units)
- Poland (1433.9K units)
- Germany (921.0K units)
- Estonia (769.3K units)
- Taiwan (Chinese) (749.6K units)
- United States (597.4K units)
- France (554.7K units)
- Turkey (455.6K units)
- Portugal (453.2K units)
- Czech Republic (332.9K units)
- Vietnam (274.1K units)
- Canada (201.6K units)
- Netherlands (53.7K units)
Medical Furniture Exports in the UK
In 2022, after three years of growth, there was decline in shipments abroad of medical, surgical or veterinary furniture, when their volume decreased by -1.7% to 3.6M units. The total export volume increased at an average annual rate of +3.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 7.4%. The exports peaked at 3.7M units in 2021, and then declined modestly in the following year.
In value terms, medical furniture exports expanded markedly to $120M in 2022. The total export value increased at an average annual rate of +11.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 14%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
Export of Medical Furniture in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 14.9 | 13.9 | 20.5 | 19.6 | 9.6% |
Ireland | 8.7 | 11.7 | 14.6 | 16.4 | 23.5% |
Germany | 12.9 | 13.1 | 11.7 | 13.6 | 1.8% |
Netherlands | 2.9 | 2.1 | 5.6 | 9.7 | 49.6% |
Australia | 4.2 | 4.6 | 6.0 | 7.3 | 20.2% |
China | 5.7 | 5.4 | 8.6 | 6.2 | 2.8% |
Japan | 4.0 | 6.4 | 4.6 | 4.9 | 7.0% |
France | 2.7 | 3.3 | 3.9 | 3.7 | 11.1% |
Canada | 2.6 | 3.5 | 2.3 | 2.9 | 3.7% |
Zambia | 0.4 | 0.6 | 2.1 | 2.9 | 93.5% |
Hong Kong SAR | 0.9 | 1.6 | 3.0 | 2.2 | 34.7% |
Saudi Arabia | 1.4 | 0.6 | 1.0 | 1.9 | 10.7% |
Pakistan | 0.5 | 0.5 | 0.9 | 0.7 | 11.9% |
Others | 26.0 | 32.2 | 25.5 | 28.4 | 3.0% |
Total | 87.8 | 99.6 | 110 | 120 | 11.0% |
Top Export Markets for Medical Furniture from the UK in 2022:
- Ireland (520.7K units)
- United States (473.4K units)
- Germany (393.1K units)
- Pakistan (237.0K units)
- Netherlands (192.6K units)
- Japan (155.7K units)
- Australia (146.6K units)
- France (135.8K units)
- Saudi Arabia (106.9K units)
- Zambia (89.7K units)
- China (81.5K units)
- Canada (73.0K units)
- Hong Kong SAR (62.7K units)
This report provides an in-depth analysis of the medical furniture market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32503050 - Medical, surgical or veterinary furniture, and parts thereof (excluding tables and seats specialised for X-ray purposes)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the medical furniture market in the UK.
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This report provides an in-depth analysis of the global medical furniture market.
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