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

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

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Catheter and Cannula Price in Mexico - 2023

Contents:

  1. Catheter and Cannula Price in Mexico (FOB) - 2023
  2. Catheter and Cannula Price in Mexico (CIF) - 2022
  3. Catheter and Cannula Exports in Mexico
  4. Catheter and Cannula Imports in Mexico

Catheter and Cannula Price in Mexico (FOB) - 2023

The average catheter and cannula export price stood at $224 per thousand units in August 2023, declining by -6.3% against the previous month. Over the period under review, export price indicated mild growth from August 2022 to August 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, catheter and cannula export price increased by +155.8% against October 2022 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 36% month-to-month. Over the period under review, the average export prices reached the maximum at $239 per thousand units in July 2023, and then declined in the following month.

As there is only one major export destination, the average price level is determined by prices for the United States.

From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to +1.9% per month.

Catheter and Cannula Price in Mexico (CIF) - 2022

In 2022, the average catheter and cannula import price amounted to $0.2 per unit, falling by -18.6% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, catheter and cannula import price increased by +33.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 64% against the previous year. As a result, import price attained the peak level of $0.3 per unit, and then dropped remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($0.3 per unit), while the price for Italy (less than $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 the United States (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Catheter and Cannula Exports in Mexico

Catheter and cannula exports from Mexico declined to 6.4B units in 2022, waning by -10.9% on 2021. Overall, exports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of 13%. The exports peaked at 7.2B units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, catheter and cannula exports declined to $3.4B in 2022. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. The exports peaked at $4B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Catheter and Cannula in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2,4552,0841,9983,2109.3%
Ireland10997.2N/A83.2-8.6%
Japan58.573.272.930.1-19.9%
Germany18116911914.0-57.4%
China3463754826.0-74.1%
South Korea69.070.362.4N/A-4.9%
Others7606321,20624.9-68.0%
Total3,9793,5003,9403,368-5.4%

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

  1. China (undefinedB units)
  2. Germany (undefinedB units)
  3. Japan (undefinedB units)
  4. United States (6.1B units)
  5. Ireland (0.1B units)

Catheter and Cannula Imports in Mexico

In 2022, after two years of decline, there was significant growth in purchases abroad of catheters and cannulae, when their volume increased by 21% to 3.3B units. Over the period under review, imports, however, saw a abrupt slump. Imports peaked at 4B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, catheter and cannula imports fell modestly to $731M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, imports reached the peak of $740M, and then dropped slightly in the following year.

Import of Catheter and Cannula in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States569503603528-2.5%
China14.922.725.248.848.5%
Italy23.120.021.928.57.3%
India5.56.15.59.821.2%
Malaysia2.83.34.76.733.8%
Others76.274.279.610912.7%
Total6916307407311.9%

Top Suppliers of Catheter and Cannula to Mexico in 2022:

  1. United States (1523.4M units)
  2. Italy (709.5M units)
  3. China (604.7M units)
  4. India (101.7M units)
  5. Malaysia (83.4M units)

Source: IndexBox Market Intelligence Platform

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

  • Mexico

Data coverage:

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