Hungary - Needles, Catheters, Cannulae For Medicine - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Hungary - Needles, Catheters, Cannulae For Medicine - Market Analysis, Forecast, Size, Trends And Insights

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Catheter and Cannula Price in Hungary - 2023

Contents:

  1. Catheter and Cannula Price in Hungary (FOB) - 2023
  2. Catheter and Cannula Price in Hungary (CIF) - 2023
  3. Catheter and Cannula Exports in Hungary
  4. Catheter and Cannula Imports in Hungary

Catheter and Cannula Price in Hungary (FOB) - 2023

In August 2023, the average catheter and cannula export price amounted to $233 per thousand units, almost unchanged from the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 8.6% m-o-m. The export price peaked in August 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($593 per thousand units), while the average price for exports to Denmark ($139 per thousand units) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Catheter and Cannula Price in Hungary (CIF) - 2023

The average catheter and cannula import price stood at $186 per thousand units in August 2023, reducing by -7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 18% against the previous month. The import price peaked at $200 per thousand units in July 2023, and then shrank in the following month.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($332 per thousand units), while the price for Slovakia ($38.0 per thousand units) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Catheter and Cannula Exports in Hungary

In 2022, the amount of catheters and cannulae exported from Hungary reached 2.1B units, picking up by 8.8% against the year before. The total export volume increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 21% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, catheter and cannula exports totaled $405M in 2022. The total export value increased at an average annual rate of +11.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 25% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Catheter and Cannula in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria60.769.570.272.66.1%
France35.939.144.657.216.8%
United Kingdom40.849.655.151.58.1%
Germany38.555.654.650.99.8%
Denmark36.738.637.840.83.6%
United States16.121.339.038.233.4%
Netherlands4.74.23.53.8-6.8%
Others56.583.494.690.016.8%
Total29036139940511.8%

Top Export Markets for Catheter and Cannula from Hungary in 2022:

  1. Austria (571.6M units)
  2. Germany (457.9M units)
  3. Denmark (420.7M units)
  4. France (150.4M units)
  5. United States (132.4M units)
  6. United Kingdom (102.9M units)
  7. Netherlands (43.1M units)

Catheter and Cannula Imports in Hungary

After three years of growth, supplies from abroad of catheters and cannulae decreased by -11.9% to 1.1B units in 2022. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 32%. Over the period under review, imports reached the peak figure at 1.3B units in 2021, and then dropped in the following year.

In value terms, catheter and cannula imports fell rapidly to $179M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year. Over the period under review, imports hit record highs at $228M in 2021, and then declined significantly in the following year.

Import of Catheter and Cannula in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria60.474.181.174.67.3%
Germany20.222.624.624.26.2%
China19.442.319.121.94.1%
France5.88.014.311.224.5%
Ireland2.03.35.17.152.5%
Spain0.45.933.50.2-20.6%
Others32.141.150.639.47.1%
Total1401972281798.5%

Top Suppliers of Catheter and Cannula to Hungary in 2022:

  1. Austria (574.0M units)
  2. China (217.4M units)
  3. Germany (184.7M units)
  4. France (44.8M units)
  5. Ireland (36.4M units)
  6. Spain (1.8M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the needles and catheters market in Hungary. 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:

  • Hungary

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hungary
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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