Dominican Republic - Needles, Catheters, Cannulae - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

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

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Needles, Catheters, Cannulae Price in the Dominican Republic - 2023

Contents:

  1. Needles, Catheters, Cannulae Price in the Dominican Republic (FOB) - 2022
  2. Needles, Catheters, Cannulae Price in the Dominican Republic (CIF) - 2022
  3. Needles, Catheters, Cannulae Exports in the Dominican Republic
  4. Needles, Catheters, Cannulae Imports in the Dominican Republic

Needles, Catheters, Cannulae Price in the Dominican Republic (FOB) - 2022

In 2022, the average needles, catheters, cannulae export price amounted to $0.4 per unit, with a decrease of -26.6% against the previous year. Overall, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 60%. Over the period under review, the average export prices attained the peak figure at $1.9 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($0.6 per unit), while the average price for exports to Turks and Caicos Islands stood at less than $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-6.1%).

Needles, Catheters, Cannulae Price in the Dominican Republic (CIF) - 2022

In 2022, the average needles, catheters, cannulae import price amounted to $0.1 per unit, stabilizing at the previous year. Overall, the import price saw a perceptible contraction. The growth pace was the most rapid in 2018 an increase of 54%. The import price peaked at $0.3 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 ($0.4 per unit), while the price for China (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 Philippines (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Needles, Catheters, Cannulae Exports in the Dominican Republic

In 2022, approx. 375M units of needles, catheters, cannulae were exported from the Dominican Republic; increasing by 99% on the year before. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 107% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, needles, catheters, cannulae exports surged to $141M in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Needles, Catheters, Cannulae in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States67.493.196.114127.9%
Turks and Caicos IslandsN/AN/AN/AN/A0%
Others0.90.60.90.3-30.7%
Total68.393.797.014127.3%

Top Export Markets for Needles, Catheters, Cannulae from the Dominican Republic in 2022:

  1. United States (245.9M units)
  2. Turks and Caicos Islands (13.4M units)

Needles, Catheters, Cannulae Imports in the Dominican Republic

In 2022, supplies from abroad of needles, catheters, cannulae decreased by -29.3% to 153M units, falling for the second year in a row after two years of growth. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 181% against the previous year. As a result, imports attained the peak of 428M units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, needles, catheters, cannulae imports contracted significantly to $20M in 2022. Overall, imports faced a precipitous decrease. The smallest decline of -19.5% was in 2020. Over the period under review, imports hit record highs at $53M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Needles, Catheters, Cannulae in the Dominican Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States36.830.015.95.0-48.6%
China1.11.01.04.357.5%
Costa Rica0.40.20.31.968.1%
Philippines0.1N/AN/A0.8100.0%
ThailandN/AN/AN/A0.30%
Others14.611.511.27.7-19.2%
Total53.042.728.320.0-27.7%

Top Suppliers of Needles, Catheters, Cannulae to the Dominican Republic in 2022:

  1. China (244.1M units)
  2. Costa Rica (39.1M units)
  3. United States (11.2M units)
  4. Philippines (11.2M units)
  5. Thailand (5.1M units)

Source: IndexBox Market Intelligence Platform

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

  • Dominican Republic

Data coverage:

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