Hong Kong SAR, China - Needles, Catheters, Cannulae - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNeedles, Catheters, Cannulae Price in Hong Kong SAR - 2022
Contents:
- Needles, Catheters, Cannulae Price in Hong Kong SAR (CIF) - 2022
- Needles, Catheters, Cannulae Price in Hong Kong SAR (FOB) - 2022
- Needles, Catheters, Cannulae Imports in Hong Kong SAR
- Needles, Catheters, Cannulae Exports in Hong Kong SAR
Needles, Catheters, Cannulae Price in Hong Kong SAR (CIF) - 2022
In 2022, the average needles, catheters, cannulae import price amounted to $1.3 per unit, rising by 13% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2016 when the average import price increased by 25%. The import price peaked at $1.3 per unit in 2019; afterwards, it flattened through to 2022.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($1.3 per unit) and the Netherlands ($1.3 per unit), while the price for China ($1.3 per unit) and Singapore ($1.3 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Needles, Catheters, Cannulae Price in Hong Kong SAR (FOB) - 2022
The average needles, catheters, cannulae export price stood at $5.8 per unit in 2022, dropping by -12.7% against the previous year. Over the period under review, the export price, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 90%. The export price peaked at $6.6 per unit in 2021, and then reduced in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($6.6 per unit), while the average price for exports to Canada ($0.6 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 Indonesia (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.
Needles, Catheters, Cannulae Imports in Hong Kong SAR
In 2022, needles, catheters, cannulae imports into Hong Kong SAR declined significantly to 222M units, reducing by -15.5% against the previous year's figure. The total import volume increased at an average annual rate of +1.4% 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 2021 with an increase of 33%. As a result, imports reached the peak of 262M units, and then reduced markedly in the following year.
In value terms, needles, catheters, cannulae imports dropped to $287M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of $301M, and then fell slightly in the following year.
| Import of Needles, Catheters, Cannulae in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 77.7 | 79.9 | 103 | 90.3 | 5.1% |
| United States | 71.6 | 42.6 | 59.8 | 63.1 | -4.1% |
| Netherlands | 35.4 | 32.0 | 38.8 | 39.6 | 3.8% |
| Belgium | 13.2 | 14.9 | 33.7 | 35.5 | 39.1% |
| Singapore | 21.4 | 19.5 | 11.3 | 13.9 | -13.4% |
| Japan | 18.6 | 19.2 | 19.2 | 13.4 | -10.4% |
| Malaysia | 3.6 | 2.9 | 2.9 | 5.4 | 14.5% |
| Germany | 8.8 | 7.6 | 4.5 | 4.1 | -22.5% |
| Others | 26.2 | 21.8 | 27.5 | 21.7 | -6.1% |
| Total | 276 | 240 | 301 | 287 | 1.3% |
Top Suppliers of Needles, Catheters, Cannulae to Hong Kong SAR in 2022:
- China (72.1M units)
- United States (47.8M units)
- Netherlands (29.8M units)
- Belgium (26.8M units)
- Singapore (10.7M units)
- Japan (10.1M units)
- Malaysia (4.1M units)
- Germany (3.1M units)
Needles, Catheters, Cannulae Exports in Hong Kong SAR
Needles, catheters, cannulae exports from Hong Kong SAR rose markedly to 39M units in 2022, growing by 9.7% on the previous year's figure. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. 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 fell to $229M in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. As a result, the exports reached the peak of $239M, and then fell modestly in the following year.
| Export of Needles, Catheters, Cannulae in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 125 | 63.3 | 98.1 | 95.2 | -8.7% |
| Netherlands | 16.3 | 20.4 | 20.6 | 24.2 | 14.1% |
| United States | 10.0 | 16.3 | 17.3 | 21.7 | 29.5% |
| Taiwan (Chinese) | 5.4 | 5.4 | 7.8 | 11.4 | 28.3% |
| Japan | 17.0 | 16.6 | 12.7 | 9.6 | -17.3% |
| Singapore | 4.7 | 3.7 | 6.5 | 7.1 | 14.7% |
| Indonesia | 7.1 | 6.3 | 6.1 | 7.1 | 0.0% |
| India | 3.4 | 5.4 | 3.9 | 4.8 | 12.2% |
| Colombia | 0.1 | 7.5 | 4.6 | 4.5 | 255.7% |
| Brazil | 0.1 | 2.9 | 7.8 | 4.2 | 247.6% |
| Canada | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Others | 29.8 | 64.1 | 53.3 | 38.6 | 9.0% |
| Total | 219 | 212 | 239 | 229 | 1.5% |
Top Export Markets for Needles, Catheters, Cannulae from Hong Kong SAR in 2022:
- China (16.8M units)
- United States (4.8M units)
- Netherlands (3.7M units)
- Taiwan (Chinese) (1.7M units)
- Japan (1.4M units)
- Singapore (1.1M units)
- Indonesia (1.1M units)
- India (0.7M units)
- Colombia (0.7M units)
- Canada (0.6M units)
- Brazil (0.6M units)
This report provides an in-depth analysis of the needles, catheters, cannulae market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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
-
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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