Singapore: Adhesive Bandage Market 2024

Adhesive Bandage Market Size in Singapore

The Singaporean adhesive bandage market skyrocketed to $X in 2022, surging by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Adhesive bandage consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Adhesive Bandage Production in Singapore

In value terms, adhesive bandage production totaled $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Adhesive Bandage Exports

Exports from Singapore

In 2022, adhesive bandage exports from Singapore was estimated at X tons, with an increase of X% compared with the year before. Overall, total exports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, adhesive bandage exports surged to $X in 2022. In general, exports continue to indicate a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons) was the main destination for adhesive bandage exports from Singapore, accounting for a X% share of total exports. Moreover, adhesive bandage exports to Australia exceeded the volume sent to the second major destination, South Korea (X tons), twofold. Japan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Australia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Japan (X% per year).

In value terms, Australia ($X), South Korea ($X) and Malaysia ($X) constituted the largest markets for adhesive bandage exported from Singapore worldwide, with a combined X% share of total exports. Hong Kong SAR, Thailand, Japan, Indonesia, China, Taiwan (Chinese), the Philippines, Vietnam, New Zealand and the United States lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Japan, with a CAGR of X%, recorded the highest growth rate of 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 adhesive bandage export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Australia ($X per ton) was amongst the lowest.

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

Adhesive Bandage Imports

Imports into Singapore

In 2022, approx. X tons of adhesive bandages were imported into Singapore; rising by X% compared with the previous year. Over the period under review, total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2018 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, adhesive bandage imports surged to $X in 2022. In general, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest adhesive bandage supplier to Singapore, accounting for a X% share of total imports. Moreover, adhesive bandage imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was held by the Dominican Republic (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the Dominican Republic (X% per year).

In value terms, China ($X) constituted the largest supplier of adhesive bandages to Singapore, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average adhesive bandage import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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