Australia and Oceania: Suturing Needle Market 2020

Suturing Needle Market Size in Australia and Oceania

The revenue of the suturing needle market in Australia and Oceania amounted to $X in 2017, coming up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The suturing needle consumption continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2017, when market value increased by X% year-to-year. In that year, the suturing needle market attained their peak level, and is likely to continue its growth in the immediate term.

Suturing Needle Exports in Australia and Oceania

The exports amounted to X units in 2017, going up by X% against the previous year. The suturing needle exports continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2017, with an increase of X% against the previous year. In that year, the suturing needle exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, suturing needle exports stood at $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Suturing Needle Exports by Country in Australia and Oceania

Australia dominates suturing needle exports structure, resulting at X units, which was near X% of total exports in 2017. It was distantly followed by New Zealand (X units), constituting X% share of total exports. Kiribati (X units) occupied the minor share of total exports.

From 2007 to 2017, average annual rates of growth with regard to suturing needle exports from Australia stood at +X%. At the same time, New Zealand (+X%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest growing exporter in Australia and Oceania, with a CAGR of +X% from 2007-2017. By contrast, Kiribati (-X%) illustrated a downward trend over the same period. While the share of Kiribati (X%) increased significantly in terms of the global exports from 2007-2017, the share of New Zealand (-X%) and Australia (-X%) displayed negative dynamics.

In value terms, Australia ($X) remains the largest suturing needle supplier in Australia and Oceania, making up X% of global exports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global exports. It was followed by Kiribati, with a X% share.

In Australia, suturing needle exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: New Zealand (-X% per year) and Kiribati (-X% per year).

Suturing Needle Export Prices by Country in Australia and Oceania

The suturing needle export price in Australia and Oceania stood at $X per unit in 2017, lowering by -X% against the previous year. The suturing needle export price continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2009, when the export prices increased by X% y-o-y. Over the period under review, the export prices for needles for sutures for medicine reached its maximum level of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was New Zealand ($X per unit), while Kiribati ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kiribati (+X% per year), while the other leaders experienced a decline in the export price figures.

Suturing Needle Imports in Australia and Oceania

In 2017, approx. X units of needles for sutures for medicine were imported in Australia and Oceania; going up by X% against the previous year. The suturing needle imports continue to indicate an outstanding growth. The pace of growth appeared the most rapid in 2017, when it surged by X% y-o-y. In that year, the suturing needle imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, suturing needle imports stood at $X in 2017. The total imports indicated a strong increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the suturing needle imports increased by +X% against 2015 indices. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Suturing Needle Imports by Country in Australia and Oceania

Australia was the largest importer of needles for sutures for medicine in Australia and Oceania, with the volume of imports accounting for X units, which was approx. X% of total imports in 2017. It was distantly followed by New Zealand (X units), achieving X% share of total imports. Papua New Guinea (X units) and Fiji (X units) held the mild share of total imports.

Australia was also the fastest growing in terms of the needles for sutures for medicine imports, with a CAGR of +X% from 2007 to 2017. At the same time, New Zealand (+X%), Papua New Guinea (+X%) and Fiji (+X%) displayed positive paces of growth. Papua New Guinea (-X%), New Zealand (-X%) and Australia (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported needles for sutures for medicine in Australia and Oceania, making up X% of global imports. The second position in the ranking was occupied by New Zealand ($X), with a X% share of global imports. It was followed by Papua New Guinea, with a X% share.

In Australia, suturing needle imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: New Zealand (+X% per year) and Papua New Guinea (+X% per year).

Suturing Needle Import Prices by Country in Australia and Oceania

In 2017, the suturing needle import price in Australia and Oceania amounted to $X per unit, falling by -X% against the previous year. The suturing needle import price continues to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2011, when it surged by X% year-to-year. Over the period under review, the import prices for needles for sutures for medicine attained its peak figure level of $X per unit in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was New Zealand ($X per unit), while Papua New Guinea ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Papua New Guinea (+X% per year), while the other leaders experienced mixed trends in the import price figures.

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Source: IndexBox Platform