Asia: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Asia

For the third year in a row, the Asian needles, catheters, cannulae market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Needles, Catheters, Cannulae Production in Asia

In value terms, needles, catheters, cannulae production expanded modestly to $X in 2022 estimated in export price. The total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. The level of production peaked in 2022 and is expected to retain growth in the immediate term.

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Needles, Catheters, Cannulae Exports

Exports in Asia

In 2022, shipments abroad of needles, catheters, cannulae increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of X% from 2012 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 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, needles, catheters, cannulae exports expanded markedly to $X in 2022. Total exports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

In 2022, China (X units) and Malaysia (X units) represented the key exporters of needles, catheters, cannulae in Asia, together constituting X% of total exports. Thailand (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Singapore (X%) and Japan (X%). India (X units), Taiwan (Chinese) (X units) and Turkey (X units) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Thailand (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest needles, catheters, cannulae supplying countries in Asia were China ($X), Malaysia ($X) and Japan ($X), with a combined X% share of total exports. Singapore, India, Thailand, Turkey and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Among the main exporting countries, Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, waning by X% against the previous year. Export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, needles, catheters, cannulae export price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2021, and then fell slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Needles, Catheters, Cannulae Imports

Imports in Asia

In 2022, supplies from abroad of needles, catheters, cannulae increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, needles, catheters, cannulae imports rose slightly to $X in 2022. Total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Japan (X units), distantly followed by China (X units), South Korea (X units), Turkey (X units), Vietnam (X units) and Malaysia (X units) represented the major importers of needles, catheters, cannulae, together mixing up X% of total imports. Thailand (X units), Taiwan (Chinese) (X units), Indonesia (X units), India (X units), Pakistan (X units), Israel (X units) and Singapore (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest needles, catheters, cannulae importing markets in Asia were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total imports. Singapore, India, Malaysia, Turkey, Taiwan (Chinese), Israel, Thailand, Pakistan, Vietnam and Indonesia lagged somewhat behind, together accounting for a further X%.

Pakistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, shrinking by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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