Canada: Medical Steriliser Market 2023

Medical Steriliser Market Size in Canada

The Canadian medical steriliser market skyrocketed to $X in 2022, rising by 33% against the previous year. Overall, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.2% 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 +48.3% against 2017 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Medical Steriliser Production in Canada

In value terms, medical steriliser production expanded sharply to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by 260% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Medical Steriliser Exports

Exports from Canada

Medical steriliser exports from Canada dropped to X units in 2022, declining by -13.7% compared with the year before. Overall, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 666% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, medical steriliser exports contracted notably to $X in 2022. In general, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for medical steriliser exports from Canada, with a 77% share of total exports. Moreover, medical steriliser exports to the United States exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. The third position in this ranking was taken by China (X units), with a 3.6% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-5.0% per year) and China (-10.9% per year).

In value terms, the United States ($X) remains the key foreign market for medical, surgical or laboratory sterilisers exports from Canada, comprising 77% of total exports. The second position in the ranking was held by Germany ($X), with a 5.7% share of total exports. It was followed by China, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -5.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-5.8% per year) and China (-11.7% per year).

Export Prices by Country

In 2022, the average medical steriliser export price amounted to $X per unit, waning by -7.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 235% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Cuba ($X per unit) and Australia ($X per unit), while the average price for exports to South Korea ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-0.9%), while the prices for the other major destinations experienced a decline.

Medical Steriliser Imports

Imports into Canada

In 2022, after three years of decline, there was significant growth in overseas purchases of medical, surgical or laboratory sterilisers, when their volume increased by 9.6% to X units. In general, imports, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2017 when imports increased by 21% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, medical steriliser imports fell modestly to $X in 2022. Overall, imports, however, continue to indicate a noticeable slump. The growth pace was the most rapid in 2017 with an increase of 20% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest medical steriliser supplier to Canada, with a 41% share of total imports. Moreover, medical steriliser imports from the United States exceeded the figures recorded by the second-largest supplier, Poland (X units), fourfold. Finland (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+15.1% per year) and Finland (+3.9% per year).

In value terms, the United States ($X) constituted the largest supplier of medical, surgical or laboratory sterilisers to Canada, comprising 41% of total imports. The second position in the ranking was held by Poland ($X), with a 12% share of total imports. It was followed by Finland, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+16.9% per year) and Finland (+4.7% per year).

Import Prices by Country

The average medical steriliser import price stood at $X per unit in 2022, waning by -9.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 13% against the previous year. As a result, import price reached the peak level of $X per unit, and then dropped in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Mexico ($X per unit) and the United States ($X per unit), while the price for Israel ($X per unit) and Finland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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