Hong Kong SAR, China - Needles, Catheters, Cannulae For Medicine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCatheter and Cannula Price in Hong Kong SAR - 2022
Contents:
- Catheter and Cannula Price in Hong Kong SAR (CIF) - 2022
- Catheter and Cannula Price in Hong Kong SAR (FOB) - 2022
- Catheter and Cannula Imports in Hong Kong SAR
- Catheter and Cannula Exports in Hong Kong SAR
Catheter and Cannula Price in Hong Kong SAR (CIF) - 2022
In 2022, the average catheter and cannula import price amounted to $1.3 per unit, rising by 12% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 25%. Over the period under review, average import prices attained the maximum at $1.4 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($1.3 per unit) and Malaysia ($1.3 per unit), while the price for Singapore ($1.3 per unit) and China ($1.3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Catheter and Cannula Price in Hong Kong SAR (FOB) - 2022
In 2022, the average catheter and cannula export price amounted to $6.7 per unit, shrinking by -2.4% against the previous year. In general, the export price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 95%. Over the period under review, the average export prices reached the peak figure at $6.8 per unit in 2021, and then contracted modestly in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Vietnam ($6.6 per unit) and Japan ($6.6 per unit), while the average price for exports to Singapore ($6.6 per unit) and Taiwan (Chinese) ($6.6 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 Vietnam (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.
Catheter and Cannula Imports in Hong Kong SAR
In 2022, imports of catheters and cannulae into Hong Kong SAR declined to 214M units, which is down by -13.4% on the previous year's figure. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, imports reached the peak of 247M units, and then reduced in the following year.
In value terms, catheter and cannula imports reduced to $284M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of $294M, and then reduced modestly in the following year.
Import of Catheter and Cannula in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 76.3 | 78.9 | 101 | 89.1 | 5.3% |
United States | 70.3 | 41.1 | 58.3 | 62.7 | -3.7% |
Netherlands | 35.4 | 32.0 | 38.8 | 39.6 | 3.8% |
Belgium | 13.2 | 14.8 | 33.6 | 35.4 | 38.9% |
Singapore | 21.3 | 19.5 | 11.1 | 13.8 | -13.5% |
Japan | 16.9 | 17.1 | 18.2 | 13.3 | -7.7% |
Malaysia | 3.6 | 2.9 | 2.9 | 5.4 | 14.5% |
Germany | 8.7 | 7.5 | 4.2 | 4.1 | -22.2% |
Others | 24.1 | 19.2 | 26.0 | 20.9 | -4.6% |
Total | 270 | 233 | 294 | 284 | 1.7% |
Top Suppliers of Catheter and Cannula to Hong Kong SAR in 2022:
- China (67.1M units)
- United States (47.2M units)
- Netherlands (29.8M units)
- Belgium (26.7M units)
- Singapore (10.4M units)
- Japan (10.0M units)
- Malaysia (4.1M units)
- Germany (3.1M units)
Catheter and Cannula Exports in Hong Kong SAR
In 2022, approx. 34M units of catheters and cannulae were exported from Hong Kong SAR; falling by -2.8% on 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 6.5% against the previous year. As a result, the exports reached the peak of 35M units, and then contracted in the following year.
In value terms, catheter and cannula exports reduced to $226M in 2022. The total export value increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 12%. As a result, the exports reached the peak of $238M, and then contracted in the following year.
Export of Catheter and Cannula in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 125 | 63.2 | 97.9 | 94.1 | -9.0% |
Netherlands | 16.3 | 20.4 | 20.6 | 24.0 | 13.8% |
United States | 10.0 | 16.3 | 17.3 | 21.0 | 28.1% |
Taiwan (Chinese) | 5.4 | 5.4 | 7.8 | 11.4 | 28.3% |
Japan | 17.0 | 16.6 | 12.7 | 9.6 | -17.3% |
Singapore | 4.7 | 3.7 | 6.5 | 7.1 | 14.7% |
Indonesia | 7.1 | 6.3 | 6.1 | 7.1 | 0.0% |
India | 3.4 | 5.4 | 3.9 | 4.8 | 12.2% |
Colombia | 0.1 | 7.5 | 4.6 | 4.5 | 255.7% |
Brazil | 0.1 | 2.9 | 7.8 | 4.2 | 247.6% |
Thailand | 1.8 | 2.5 | 3.8 | 3.9 | 29.4% |
Malaysia | 3.2 | 3.7 | 5.2 | 3.8 | 5.9% |
Vietnam | 4.5 | 2.7 | 2.6 | 3.7 | -6.3% |
Others | 20.3 | 55.2 | 41.8 | 26.8 | 9.7% |
Total | 219 | 212 | 238 | 226 | 1.1% |
Top Export Markets for Catheter and Cannula from Hong Kong SAR in 2022:
- China (14.2M units)
- Netherlands (3.6M units)
- United States (3.2M units)
- Taiwan (Chinese) (1.7M units)
- Japan (1.4M units)
- Singapore (1.1M units)
- Indonesia (1.1M units)
- India (0.7M units)
- Colombia (0.7M units)
- Brazil (0.6M units)
- Malaysia (0.6M units)
- Vietnam (0.6M units)
- Thailand (0.6M units)
This report provides an in-depth analysis of the needles and catheters market in Hong Kong SAR, China. 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 2025.
Product coverage:
- Prodcom 32501317 - Needles, catheters, cannulae and the like used in medical, s urgical, dental or veterinary sciences (excluding tubular metal needles and needles for sutures)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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
-
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
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