Catheter and Cannula Price in Latvia - 2023
Contents:
- Catheter and Cannula Price in Latvia (FOB) - 2022
- Catheter and Cannula Price in Latvia (CIF) - 2022
- Catheter and Cannula Exports in Latvia
- Catheter and Cannula Imports in Latvia
Catheter and Cannula Price in Latvia (FOB) - 2022
The average catheter and cannula export price stood at $1.4 per unit in 2022, picking up by 29% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 134% against the previous year. As a result, the export price attained the peak level of $1.8 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5.3 per unit), while the average price for exports to Estonia ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-1.2%), while the prices for the other major destinations experienced a decline.
Catheter and Cannula Price in Latvia (CIF) - 2022
In 2022, the average catheter and cannula import price amounted to $0.5 per unit, increasing by 18% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The import price peaked at $0.6 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2 per unit), while the price for Poland ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Catheter and Cannula Exports in Latvia
In 2022, the amount of catheters and cannulae exported from Latvia declined markedly to 3.7M units, waning by -37.6% on the previous year's figure. Overall, exports, however, posted moderate growth. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. As a result, the exports reached the peak of 6M units, and then shrank notably in the following year.
In value terms, catheter and cannula exports shrank notably to $5.4M in 2022. Over the period under review, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 64%. As a result, the exports reached the peak of $6.7M, and then fell dramatically in the following year.
| Export of Catheter and Cannula in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 0.9 | 17.5 | 2,717 | 5394.4% |
| Belarus | 4,529 | 2,620 | 4,292 | 1,554 | -30.0% |
| Lithuania | 344 | 604 | 595 | 212 | -14.9% |
| Estonia | 275 | 530 | 464 | 148 | -18.7% |
| China | N/A | N/A | N/A | 146 | 0% |
| Germany | N/A | N/A | 5.2 | 132 | 2438.5% |
| Armenia | N/A | N/A | N/A | 66.2 | 0% |
| Ukraine | 748 | N/A | 54.0 | 2.2 | -85.7% |
| Togo | N/A | N/A | 186 | N/A | 0% |
| Others | 449 | 335 | 1,093 | 422 | -2.0% |
| Total | 6,344 | 4,090 | 6,707 | 5,398 | -5.2% |
Top Export Markets for Catheter and Cannula from Latvia in 2022:
- Belarus (1002.5K units)
- Estonia (622.0K units)
- China (593.3K units)
- United States (516.4K units)
- Germany (288.2K units)
- Armenia (247.1K units)
- Lithuania (225.2K units)
- Ukraine (1.5K units)
Catheter and Cannula Imports in Latvia
In 2022, supplies from abroad of catheters and cannulae decreased by -1.4% to 44M units, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 43% against the previous year. As a result, imports attained the peak of 58M units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, catheter and cannula imports skyrocketed to $24M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 57%. As a result, imports reached the peak of $27M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Catheter and Cannula in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 8.2 | 7.8 | 9.9 | 12.5 | 15.1% |
| Germany | 4.7 | 4.2 | 3.9 | 3.9 | -6.0% |
| Lithuania | 0.8 | 0.7 | 1.6 | 2.0 | 35.7% |
| China | 0.7 | 0.7 | 0.7 | 1.0 | 12.6% |
| Estonia | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Sweden | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Italy | 0.2 | 10.8 | 0.5 | 0.3 | 14.5% |
| Poland | 0.6 | 0.3 | 0.3 | 0.3 | -20.6% |
| Others | 2.0 | 2.6 | 3.0 | 3.2 | 17.0% |
| Total | 17.4 | 27.3 | 20.5 | 23.9 | 11.2% |
Top Suppliers of Catheter and Cannula to Latvia in 2022:
- Netherlands (14.9M units)
- Germany (10.6M units)
- China (7.8M units)
- Poland (2.3M units)
- Sweden (1.7M units)
- Estonia (1.2M units)
- Lithuania (1.1M units)
- Italy (0.9M units)
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