Cyprus - Syringes, With Or Without Needles - Market Analysis, Forecast, Size, Trends and Insights

Cyprus: Syringe Market Overview 2019

Syringe Market Size in Cyprus

The revenue of the syringe market in Cyprus amounted to $X in 2018, picking up by X% against the previous year. Overall, syringe consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012, when the market value increased by X% year-to-year. Over the period under review, the syringe market attained its peak figure level at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Syringe Production in Cyprus

In value terms, syringe production totaled $X in 2018 estimated in export prices. Over the period under review, syringe production continues to indicate a relatively flat trend pattern.

Syringe Exports

Exports from Cyprus

In 2018, the amount of syringes, with or without needles exported from Cyprus stood at X units, dropping by -X% against the previous year. Over the period under review, syringe exports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015, when exports increased by X% against the previous year. In that year, syringe exports attained their peak of X units. From 2016 to 2018, the growth of syringe exports remained at a somewhat lower figure.

In value terms, syringe exports amounted to $X in 2018. In general, syringe exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2015, with an increase of X% against the previous year. Cyprus exports peaked in 2018, and are expected to retain its growth in the near future.

Exports by Country

China (X units) and the UK (X units) represented roughly X% of total exports of syringes, with or without needles in 2018. It was distantly followed by Germany (X units), Spain (X units), Mexico (X units), the U.S. (X units) and France (X units), together creating X% share of total exports. The following exporters - Belgium (X units), Switzerland (X units), Ireland (X units), the Netherlands (X units) and Italy (X units) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the UK, while the other leaders experienced more modest paces of growth.

In value terms, the largest syringe markets from Cyprus were the U.S. ($X), Germany ($X) and China ($X), together comprising X% of total exports. These countries were followed by France, Switzerland, the Netherlands, Mexico, Belgium, Italy, the UK, Spain, Ireland and Cyprus, which together accounted for a further X recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the syringe export price in Cyprus amounted to $X per thousand units, rising by X% against the previous year. In general, the syringe export price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2015, an increase of X% against the previous year. Cyprus export price peaked in 2018, and is likely to see steady growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was the U.S. ($X per thousand units), while the UK ($X per thousand units) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Italy, while the other leaders experienced more modest paces of growth.

Syringe Imports

Imports into Cyprus

In 2018, imports of syringes, with or without needles into Cyprus stood at X units, approximately mirroring the previous year. Overall, syringe imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012, when imports increased by X% y-o-y. Cyprus imports peaked at X units in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, syringe imports amounted to $X in 2018. Overall, the total imports indicated a slight expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the syringe imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2016, with an increase of X% y-o-y. In that year, syringe imports reached their peak of $X. From 2017 to 2018, the growth of syringe imports remained at a lower figure.

Imports by Country

The imports of the six major importers of syringes, with or without needles, namely France, Belgium, Germany, the U.S., Italy and the UK, represented more than half of total import. Mexico (X units), the Netherlands (X units), China (X units), Spain (X units) and India (X units) took a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by the U.S., Italy, China, the UK, the Netherlands, Spain, India, Mexico and Cyprus, which together accounted for a further X the main importing countries, China experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the syringe import price in Cyprus amounted to $X per thousand units, increasing by X% against the previous year. Over the period under review, the import price indicated a temperate growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the syringe import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2016, an increase of X% against the previous year. Over the period under review, the import prices for syringes, with or without needles reached their peak figure at $X per thousand units in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was China ($X per thousand units), while Mexico ($X per thousand units) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform