Estonia - Syringes, With or Without Needles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSyringe Price in Estonia - 2023
Contents:
- Syringe Price in Estonia (CIF) - 2022
- Syringe Price in Estonia (FOB) - 2022
- Syringe Imports in Estonia
- Syringe Exports in Estonia
Syringe Price in Estonia (CIF) - 2022
In 2022, the average syringe import price amounted to $0.1 per unit, reducing by -21.1% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, syringe import price increased by +67.8% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 113%. As a result, import price attained the peak level of $0.1 per unit, and then dropped rapidly in the following year.
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 ($0.3 per unit), while the price for Slovakia ($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 Lithuania (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Syringe Price in Estonia (FOB) - 2022
The average syringe export price stood at $52 per thousand units in 2022, dropping by -36% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 137%. As a result, the export price reached the peak level of $82 per thousand units, and then declined remarkably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($299 per thousand units), while the average price for exports to Latvia ($36 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Syringe Imports in Estonia
In 2022, overseas purchases of syringes, with or without needles decreased by -6.9% to 26M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 20% against the previous year. Imports peaked at 28M units in 2021, and then shrank in the following year.
In value terms, syringe imports shrank markedly to $2.2M in 2022. Over the period under review, imports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2021 when imports increased by 147% against the previous year. As a result, imports attained the peak of $3M, and then declined rapidly in the following year.
Import of Syringe in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 203 | 243 | 479 | 486 | 33.8% |
China | 122 | 149 | 869 | 439 | 53.2% |
Lithuania | N/A | 409 | 415 | 383 | -3.2% |
Sweden | 0.8 | 152 | 418 | 383 | 682.3% |
Slovakia | 27.0 | 63.5 | 103 | 181 | 88.6% |
Latvia | 7.3 | 37.1 | 112 | 91.5 | 132.3% |
United States | 119 | 6.2 | 2.4 | 0.1 | -90.6% |
Others | 906 | 137 | 559 | 208 | -38.8% |
Total | 1,385 | 1,197 | 2,957 | 2,171 | 16.2% |
Top Suppliers of Syringe to Estonia in 2022:
- China (7.8M units)
- Germany (7.5M units)
- Sweden (4.6M units)
- Slovakia (3.2M units)
- Lithuania (1.3M units)
- Latvia (0.6M units)
Syringe Exports in Estonia
After two years of decline, overseas shipments of syringes, with or without needles increased by 10% to 12M units in 2022. Over the period under review, exports, however, recorded a abrupt setback. The exports peaked at 14M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, syringe exports shrank significantly to $609K in 2022. In general, exports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 96% against the previous year. As a result, the exports attained the peak of $863K, and then dropped markedly in the following year.
Export of Syringe in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 271 | 323 | 322 | 307 | 4.2% |
Canada | N/A | 14.7 | 91.5 | 207 | 275.3% |
Lithuania | 99.7 | 63.1 | 51.3 | 35.3 | -29.3% |
Russia | 81.6 | 7.7 | 317 | 24.0 | -33.5% |
United Kingdom | N/A | N/A | 28.8 | 21.0 | -27.1% |
Others | 317 | 30.3 | 51.5 | 13.9 | -64.7% |
Total | 769 | 439 | 863 | 609 | -7.5% |
Top Export Markets for Syringe from Estonia in 2022:
- Latvia (8.5M units)
- Canada (2.0M units)
- Lithuania (0.6M units)
- United Kingdom (0.3M units)
- Russia (0.1M units)
This report provides an in-depth analysis of the syringe 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 32501311 - Syringes, with or without needles, used in medical, surgical, d ental or veterinary sciences
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.
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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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