Belgium: Syringe Market 2024

Syringe Market Size in Belgium

The Belgian syringe market declined markedly to $X in 2022, with a decrease of X% against the previous year. In general, consumption continues to indicate a dramatic decline. Syringe consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Syringe Production in Belgium

In value terms, syringe production shrank to $X in 2022 estimated in export price. Overall, production continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Syringe Exports

Exports from Belgium

In 2022, shipments abroad of syringes, with or without needles decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, total exports indicated tangible growth 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. Based on 2022 figures, exports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then reduced notably in the following year.

In value terms, syringe exports dropped sharply to $X in 2022. Over the period under review, exports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for syringe exports from Belgium, with a X% share of total exports. Moreover, syringe exports to France exceeded the volume sent to the second major destination, Italy (X units), twofold. Spain (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Spain (X% per year).

In value terms, France ($X) remains the key foreign market for syringes, with or without needles exports from Belgium, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Italy (X% per year).

Export Prices by Country

In 2022, the average syringe export price amounted to $X per unit, remaining stable against the previous year. In general, the export price, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Australia (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

Syringe Imports

Imports into Belgium

In 2022, imports of syringes, with or without needles into Belgium shrank dramatically to X units, waning by X% against 2021 figures. Overall, imports recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, syringe imports fell notably to $X in 2022. In general, imports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X units) constituted the largest syringe supplier to Belgium, accounting for a X% share of total imports. Moreover, syringe imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold. The third position in this ranking was taken by the United States (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, the United States ($X), Spain ($X) and Germany ($X) constituted the largest syringe suppliers to Belgium, together accounting for X% of total imports. France, Switzerland, Italy, the UK, Ireland, Israel, China and the Philippines lagged somewhat behind, together comprising a further X%.

Israel, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average syringe import price stood at $X per unit in 2022, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per unit), while the price for Spain (less than $X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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