GCC: Market for Medical, Surgical or Laboratory Sterilizers 2024

Market Size for Medical, Surgical or Laboratory Sterilizers in GCC

The GCC medical or laboratory sterilizer market surged to $X in 2022, growing by X% against the previous year. Over the period under review, consumption posted strong growth. The level of consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Medical, Surgical or Laboratory Sterilizers in GCC

In value terms, medical or laboratory sterilizer production amounted to $X in 2022 estimated in export price. Overall, production posted buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Medical, Surgical or Laboratory Sterilizers

Exports in GCC

In 2022, shipments abroad of medical, surgical or laboratory sterilizers increased by X% to X units, rising for the second consecutive year after three years of decline. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, medical or laboratory sterilizer exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X units) represented roughly X% of total exports in 2022.

The United Arab Emirates was also the fastest-growing in terms of the medical, surgical or laboratory sterilizers exports, with a CAGR of X% from 2012 to 2022. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest medical or laboratory sterilizer supplier in GCC.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates amounted to X%.

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, declining by X% against the previous year. Overall, the export price saw a noticeable setback. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Imports of Medical, Surgical or Laboratory Sterilizers

Imports in GCC

Medical or laboratory sterilizer imports surged to X units in 2022, increasing by X% on 2021 figures. In general, imports showed buoyant growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, medical or laboratory sterilizer imports soared to $X in 2022. Overall, imports saw a mild increase. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Kuwait represented the major importer of medical, surgical or laboratory sterilizers in GCC, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. The United Arab Emirates (X units) took the second position in the ranking, distantly followed by Qatar (X units) and Bahrain (X units). All these countries together held approx. X% share of total imports. Oman (X units) followed a long way behind the leaders.

Kuwait was also the fastest-growing in terms of the medical, surgical or laboratory sterilizers imports, with a CAGR of X% from 2012 to 2022. At the same time, Bahrain (X%) and the United Arab Emirates (X%) displayed positive paces of growth. Oman experienced a relatively flat trend pattern. By contrast, Qatar (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kuwait increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kuwait ($X), the United Arab Emirates ($X) and Qatar ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Among the main importing countries, Kuwait, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price faced a abrupt slump. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Oman ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :