Canada - Needles, Catheters, Cannulae - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNeedles, Catheters, Cannulae Price in Canada - 2022
Contents:
- Needles, Catheters, Cannulae Price in Canada (CIF) - 2022
- Needles, Catheters, Cannulae Price in Canada (FOB) - 2022
- Needles, Catheters, Cannulae Imports in Canada
- Needles, Catheters, Cannulae Exports in Canada
Needles, Catheters, Cannulae Price in Canada (CIF) - 2022
In 2022, the average needles, catheters, cannulae import price amounted to $0.5 per unit, growing by 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 18% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Costa Rica ($2.3 per unit), while the price for the Netherlands (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 Costa Rica (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Needles, Catheters, Cannulae Price in Canada (FOB) - 2022
The average needles, catheters, cannulae export price stood at $2 per unit in 2022, increasing by 9.9% against the previous year. Over the period under review, the export price showed a resilient expansion. The growth pace was the most rapid in 2020 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($5 per unit), while the average price for exports to Cameroon ($0.1 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 the Dominican Republic (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.
Needles, Catheters, Cannulae Imports in Canada
In 2022, overseas purchases of needles, catheters, cannulae decreased by -7.5% to 1.4B units, falling for the second year in a row after two years of growth. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. As a result, imports reached the peak of 1.6B units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, needles, catheters, cannulae imports rose markedly to $657M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 11%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Needles, Catheters, Cannulae in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 292 | 275 | 276 | 267 | -2.9% |
| Mexico | 72.2 | 80.2 | 92.7 | 105 | 13.3% |
| Ireland | 50.3 | 47.8 | 55.6 | 65.5 | 9.2% |
| Costa Rica | 30.2 | 30.8 | 42.4 | 63.4 | 28.0% |
| Japan | 25.2 | 24.4 | 36.9 | 36.6 | 13.2% |
| China | 18.2 | 18.4 | 20.8 | 29.6 | 17.6% |
| Germany | 5.2 | 4.4 | 6.9 | 6.5 | 7.7% |
| Poland | 2.1 | 2.0 | 2.3 | 3.2 | 15.1% |
| France | 8.4 | 3.8 | 2.6 | 2.2 | -36.0% |
| Netherlands | 2.8 | 1.8 | 2.3 | 1.5 | -18.8% |
| Others | 72.5 | 67.1 | 79.3 | 76.5 | 1.8% |
| Total | 579 | 556 | 617 | 657 | 4.3% |
Top Suppliers of Needles, Catheters, Cannulae to Canada in 2022:
- China (467.6M units)
- United States (383.0M units)
- Ireland (81.3M units)
- Japan (73.0M units)
- Mexico (67.4M units)
- Germany (55.1M units)
- Poland (51.2M units)
- Netherlands (32.3M units)
- France (30.7M units)
- Costa Rica (28.1M units)
Needles, Catheters, Cannulae Exports in Canada
In 2022, needles, catheters, cannulae exports from Canada declined markedly to 60M units, with a decrease of -26.3% against the year before. In general, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 1.5% against the previous year. The exports peaked at 600M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, needles, catheters, cannulae exports dropped sharply to $119M in 2022. Over the period under review, exports showed a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Over the period under review, the exports attained the peak figure at $465M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Needles, Catheters, Cannulae in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 274 | 62.5 | 95.8 | 84.6 | -32.4% |
| Japan | 35.6 | 24.9 | 24.8 | 11.6 | -31.2% |
| Netherlands | 107 | 5.0 | 4.1 | 4.7 | -64.7% |
| Germany | 2.6 | 3.0 | 2.5 | 2.8 | 2.5% |
| Dominican Republic | N/A | 0.2 | 0.4 | 0.5 | 58.1% |
| Cameroon | N/A | N/A | N/A | 0.1 | 0% |
| Czech Republic | 0.8 | 0.9 | N/A | N/A | 12.5% |
| Others | 44.5 | 17.9 | 19.8 | 15.1 | -30.3% |
| Total | 465 | 114 | 147 | 119 | -36.5% |
Top Export Markets for Needles, Catheters, Cannulae from Canada in 2022:
- Czech Republic (undefinedM units)
- United States (43.7M units)
- Germany (3.0M units)
- Japan (2.3M units)
- Cameroon (1.1M units)
- Netherlands (1.0M units)
- Dominican Republic (1.0M units)
This report provides an in-depth analysis of the needles, catheters, cannulae market in Canada. 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 2030.
Product coverage:
- Prodcom 32501313 - Tubular metal needles, for medical, surgical, dental or veterinary sciences
- Prodcom 32501315 - Needles for sutures used in medical, surgical, dental or veterinary sciences
- 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
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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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