Global Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size

The global needles, catheters, cannulae market fell remarkably to $X in 2023, declining by X% against the previous year. Over the period under review, consumption saw a abrupt contraction. Over the period under review, the global market attained the maximum level at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Needles, Catheters, Cannulae Production

In value terms, needles, catheters, cannulae production stood at $X in 2023 estimated in export price. Over the period under review, production faced a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, global production attained the peak level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Needles, Catheters, Cannulae Exports

Exports

After two years of growth, shipments abroad of needles, catheters, cannulae decreased by X% to X units in 2023. Overall, total exports indicated a temperate expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2022 when exports increased by X%. As a result, the exports attained the peak of X units, and then declined slightly in the following year.

In value terms, needles, catheters, cannulae exports amounted to $X in 2023. Over the period under review, total exports indicated a buoyant increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. The global exports peaked in 2023 and are expected to retain growth in the immediate term.

Exports by Country

In 2023, China (X units), distantly followed by Malaysia (X units), Mexico (X units), the Netherlands (X units), the United States (X units), Belgium (X units), Thailand (X units) and Germany (X units) represented the major exporters of needles, catheters, cannulae, together mixing up X% of total exports. The UK (X units), Ireland (X units), Costa Rica (X units), Austria (X units) and Hungary (X units) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to needles, catheters, cannulae exports from China stood at X%. At the same time, the United States (X%), Thailand (X%), Malaysia (X%), Austria (X%), Hungary (X%), the Netherlands (X%), Mexico (X%), Germany (X%) and the UK (X%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. Ireland and Costa Rica experienced a relatively flat trend pattern. By contrast, Belgium (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.), the United States (X p.p.), Thailand (X p.p.), the Netherlands (X p.p.) and Austria (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of Ireland (X p.p.), the UK (X p.p.), Costa Rica (X p.p.), Belgium (X p.p.) and China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), the Netherlands ($X) and Ireland ($X) were the countries with the highest levels of exports in 2023, together comprising X% of global exports. Mexico, Germany, China, Belgium, Costa Rica, Malaysia, Hungary, Thailand, the UK and Austria lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average needles, catheters, cannulae export price stood at $X per unit in 2023, growing by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2022 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Costa Rica (X%), while the other global leaders experienced more modest paces of growth.

Needles, Catheters, Cannulae Imports

Imports

In 2023, after two years of growth, there was significant decline in purchases abroad of needles, catheters, cannulae, when their volume decreased by X% to X units. In general, total imports indicated a prominent increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then reduced in the following year.

In value terms, needles, catheters, cannulae imports expanded to $X in 2023. Over the period under review, total imports indicated a remarkable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2022 when imports increased by X%. Global imports peaked in 2023 and are expected to retain growth in the immediate term.

Imports by Country

In 2023, the United States (X units) was the main importer of needles, catheters, cannulae, mixing up X% of total imports. It was distantly followed by Japan (X units), Germany (X units), the Netherlands (X units) and Belgium (X units), together committing a X% share of total imports. The following importers - the UK (X units), France (X units), Denmark (X units), Mexico (X units), South Korea (X units), Italy (X units), China (X units) and Spain (X units) - together made up X% of total imports.

The United States was also the fastest-growing in terms of the needles, catheters, cannulae imports, with a CAGR of X% from 2012 to 2023. At the same time, the UK (X%), Denmark (X%), the Netherlands (X%), South Korea (X%), Spain (X%), France (X%), Germany (X%), China (X%), Japan (X%) and Mexico (X%) displayed positive paces of growth. Italy and Belgium experienced a relatively flat trend pattern. From 2012 to 2023, the share of the United States and the UK increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), the Netherlands ($X) and Germany ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of global imports. Japan, China, Belgium, France, the UK, Italy, Mexico, Spain, South Korea and Denmark lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, China, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average needles, catheters, cannulae import price amounted to $X per unit, picking up by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per unit in 2021; however, from 2022 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform