Panama - Needles, Catheters, Cannulae - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingNeedles, Catheters, Cannulae Price in Panama - 2023
Contents:
- Needles, Catheters, Cannulae Price in Panama (CIF) - 2022
- Needles, Catheters, Cannulae Price in Panama (FOB) - 2022
- Needles, Catheters, Cannulae Imports in Panama
- Needles, Catheters, Cannulae Exports in Panama
Needles, Catheters, Cannulae Price in Panama (CIF) - 2022
In 2022, the average needles, catheters, cannulae import price amounted to $0.2 per unit, growing by 7.2% against the previous year. In general, the import price, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2016 an increase of 38%. Over the period under review, average import prices hit record highs at $0.3 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($0.4 per unit), while the price for China ($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 India (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Needles, Catheters, Cannulae Price in Panama (FOB) - 2022
The average needles, catheters, cannulae export price stood at $0.3 per unit in 2021, falling by -25.4% against the previous year. Over the period under review, the export price recorded a perceptible decline. The pace of growth appeared the most rapid in 2019 when the average export price increased by 24%. The export price peaked at $0.4 per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Chile ($0.3 per unit), while the average price for exports to Ecuador (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (+68.6%), while the prices for the other major destinations experienced more modest paces of growth.
Needles, Catheters, Cannulae Imports in Panama
After three years of growth, overseas purchases of needles, catheters, cannulae decreased by -26.9% to 71M units in 2022. In general, total imports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of 98M units, and then dropped notably in the following year.
In value terms, needles, catheters, cannulae imports reduced remarkably to $16M in 2022. Over the period under review, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of $20M, and then contracted markedly in the following year.
| Import of Needles, Catheters, Cannulae in Panama (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.4 | 3.8 | 6.7 | 5.3 | -6.1% |
| Free Zones | 3.3 | 5.6 | 6.2 | 4.5 | 10.9% |
| China | 2.9 | 1.3 | 1.6 | 1.2 | -25.5% |
| Germany | 0.5 | 0.5 | 0.6 | 0.7 | 11.9% |
| Mexico | 1.2 | 0.8 | 0.9 | 0.6 | -20.6% |
| India | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 3.6 | 4.5 | 3.9 | 3.2 | -3.9% |
| Total | 18.0 | 16.5 | 20.0 | 15.6 | -4.7% |
Top Suppliers of Needles, Catheters, Cannulae to Panama in 2022:
- Free Zones (19.8M units)
- United States (19.3M units)
- China (17.5M units)
- Mexico (4.3M units)
- Germany (1.9M units)
- India (1.2M units)
Needles, Catheters, Cannulae Exports in Panama
In 2021, needles, catheters, cannulae exports from Panama soared to 7M units, jumping by 94% on 2020. In general, exports recorded a noticeable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, needles, catheters, cannulae exports skyrocketed to $1.8M in 2021. Overall, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports hit record highs at $2.3M in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
| Export of Needles, Catheters, Cannulae in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Guatemala | 752 | 444 | 717 | -2.4% | |
| Costa Rica | 1,003 | 613 | 506 | -29.0% | |
| Chile | 4.3 | 9.3 | 307 | 745.0% | |
| Saint Vincent and the Grenadines | 0.2 | 0.6 | 67.4 | 1735.8% | |
| Jamaica | 25.8 | 8.1 | 52.8 | 43.1% | |
| Ecuador | N/A | N/A | 38.3 | 0% | |
| Dominican Republic | 153 | 23.0 | 4.9 | -82.1% | |
| Peru | 180 | N/A | N/A | 0% | |
| Others | 228 | 140 | 98.6 | -34.2% | |
| Total | 2,346 | 1,238 | 1,792 | -12.6% | |
Top Export Markets for Needles, Catheters, Cannulae from Panama in 2022:
- Guatemala (2454.4K units)
- Costa Rica (1836.5K units)
- Ecuador (909.4K units)
- Chile (906.6K units)
- Jamaica (529.2K units)
- Saint Vincent and the Grenadines (209.5K units)
- Dominican Republic (15.2K units)
This report provides an in-depth analysis of the needles, catheters, cannulae market in Panama. 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:
- Panama
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Panama
- 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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
81
This report provides an in-depth analysis of the needles, catheters, cannulae market in Panama.
45
This report provides an in-depth analysis of the ophthalmic instruments market in Panama.
105
This report provides an in-depth analysis of the syringe market in Panama.
58
This report provides an in-depth analysis of the medical ultraviolet market in Panama.
114
This report provides an in-depth analysis of the medical instruments market in Panama.
57
This report provides an in-depth analysis of the dental instruments market in Panama.
30
This report provides an in-depth analysis of the ecg market in Panama.
32
This report provides an in-depth analysis of the dental drill engine market in Panama.
1536
This report provides an in-depth analysis of the global needles, catheters, cannulae market.
541
This report provides an in-depth analysis of the global ophthalmic instruments market.
128
Explore the top import markets for needles, catheters, and cannulae in the medical industry. Discover key statistics and market insights from leading countries.
150
Explore the world's top import markets for ophthalmic instruments, including China, the United States, the Netherlands, Germany, France, Japan, the United Kingdom, Russia, India, and Belgium. Understand key statistics and numbers from the IndexBox platform.
661
The Covid-19 pandemic intensified the global trade in syringes and enabled India to become the fastest-growing exporter with the lowest syringe prices in 2020. Over the last year, Indian supplies abroad spiked from $32М to $40M. Global syringe exports also followed an upward trend, rising by +4.4% y-o-y to $5.7B. While India robustly ramps up supplies, the U.S. ($872M), China ($766M) and France ($693M) remain the world’s largest exporters, providing 41% of total exports.
366
The global needles and catheters market revenue amounted to $32.4B in 2018, picking up by 7.3% against the previous...
361
Explore the world's best import markets for dental instruments, including the United States, Germany, Netherlands, France, Canada, Japan, Russia, China, Italy, and the United Kingdom. Discover key statistics and import values from the IndexBox market intelligence platform.
260
Explore the top import markets for diagnostic equipment, including the United States, Germany, China, and more. Discover key statistics and import values from IndexBox platform.
873
In 2016, the amount of diagnostic equipment imported worldwide amounted to X tons, going up by X% against the previous year level. Overall, it indicated a strong increase from 2007 to 2016: the to...
903
In 2016, the amount of diagnostic equipment exported worldwide totaled X tons, coming up by X% against the previous year figure. The total export volume increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern ind
1232
The U.S. continued its dominance in the global trade of electro-diagnostic and ultra-violet or infra-red ray apparatus. In 2014, the U.S. exported X thousand tons of electro-diagnostic and ultra-violet or infra-red ray apparatus totaling X milli
128
Explore the top import markets for needles, catheters, and cannulae in the medical industry. Discover key statistics and market insights from leading countries.
