Report Update: May 1, 2024

Estonia - Needles, Catheters, Cannulae - Market Analysis, Forecast, Size, Trends and Insights

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Needles, Catheters, Cannulae Price in Estonia - 2023

Needles, Catheters, Cannulae Price in Estonia (CIF) - 2022

In 2022, the average needles, catheters, cannulae import price amounted to $0.5 per unit, reducing by -13.6% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 an increase of 41%. Over the period under review, average import prices hit record highs at $0.6 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 Lithuania ($1.6 per unit), while the price for Austria ($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 Sweden (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Needles, Catheters, Cannulae Price in Estonia (FOB) - 2022

The average needles, catheters, cannulae export price stood at $0.4 per unit in 2022, shrinking by -61% against the previous year. Overall, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2014 an increase of 116% against the previous year. The export price peaked at $1.3 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($5 per unit), while the average price for exports to Germany ($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 Canada (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.

Needles, Catheters, Cannulae Imports in Estonia

In 2022, approx. 28M units of needles, catheters, cannulae were imported into Estonia; surging by 6.8% on 2021. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at 29M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, needles, catheters, cannulae imports shrank to $14M in 2022. In general, imports, however, recorded a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of $15M, and then declined in the following year.

Import of Needles, Catheters, Cannulae in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	750	2,272	2,759	2,378	46.9%
Netherlands	913	1,426	1,756	1,908	27.9%
Sweden	89.7	935	1,461	1,438	152.1%
Belgium	73.6	1,809	1,787	1,338	162.9%
Lithuania	145	651	845	954	87.4%
Latvia	70.9	420	567	679	112.4%
Austria	216	255	532	628	42.7%
Finland	142	627	730	465	48.5%
Poland	154	936	892	415	39.2%
India	74.5	106	86.5	352	67.8%
Italy	158	244	254	301	24.0%
Denmark	26.2	40.5	192	296	124.4%
China	293	167	185	202	-11.7%
Others	11,359	2,709	2,866	2,402	-40.4%
Total	14,464	12,600	14,913	13,756	-1.7%

Top Suppliers of Needles, Catheters, Cannulae to Estonia in 2022:

Netherlands (7.3M units)
Austria (5.9M units)
Germany (3.9M units)
India (2.4M units)
Sweden (1.1M units)
Belgium (0.9M units)
Poland (0.8M units)
China (0.8M units)
Finland (0.7M units)
Latvia (0.7M units)
Denmark (0.7M units)
Lithuania (0.6M units)
Italy (0.5M units)

Needles, Catheters, Cannulae Exports in Estonia

In 2022, exports of needles, catheters, cannulae from Estonia soared to 24M units, jumping by 168% on the year before. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, needles, catheters, cannulae exports stood at $9.8M in 2022. In general, exports, however, continue to indicate a deep downturn. The exports peaked at $12M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Needles, Catheters, Cannulae in Estonia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	8.3	6.6	6.4	3.0	-28.8%
Russia	0.2	0.7	0.5	2.8	141.0%
Latvia	0.4	0.3	0.7	1.3	48.1%
Belarus	1.9	0.7	0.4	0.9	-22.0%
Lithuania	0.4	0.4	0.4	0.8	26.0%
Canada	N/A	N/A	N/A	0.2	0%
Germany	0.1	0.1	0.1	0.1	0.0%
Others	1.1	1.4	0.8	0.7	-14.0%
Total	12.4	10.2	9.3	9.8	-7.5%

Top Export Markets for Needles, Catheters, Cannulae from Estonia in 2022:

Russia (16.2M units)
Latvia (2.5M units)
Lithuania (2.0M units)
Germany (1.6M units)
Canada (0.6M units)
China (0.6M units)
Belarus (0.2M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the needles, catheters, cannulae market in Estonia. 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:

Estonia

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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