Eastern Europe: Syringe Market 2024

Syringe Market Size in Eastern Europe

In 2022, the East European syringe market decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. The total consumption indicated a tangible 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. The level of consumption peaked at $X in 2021, and then shrank dramatically in the following year.

Syringe Production in Eastern Europe

In value terms, syringe production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw strong growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Syringe Exports

Exports in Eastern Europe

After four years of growth, overseas shipments of syringes, with or without needles decreased by X% to X units in 2022. In general, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2021, and then dropped in the following year.

In value terms, syringe exports surged to $X in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Hungary (X units) and Poland (X units) represented the largest exporters of syringes, with or without needles in 2022, recording near X% and X% of total exports, respectively. It was distantly followed by Slovakia (X units), constituting a X% share of total exports. Russia (X units), the Czech Republic (X units) and Ukraine (X units) took a little share of total exports.

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

In value terms, Hungary ($X) remains the largest syringe supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Hungary stood at X%. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Poland (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

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

Syringe Imports

Imports in Eastern Europe

In 2022, the amount of syringes, with or without needles imported in Eastern Europe rose rapidly to X units, picking up by X% compared with 2021. The total import volume increased at an average annual rate of X% over the period 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 2018 when imports increased by X%. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, syringe imports dropped to $X in 2022. Total imports indicated a remarkable 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 2017 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Russia was the main importer of syringes, with or without needles in Eastern Europe, with the volume of imports amounting to X units, which was near X% of total imports in 2022. Poland (X units) held the second position in the ranking, followed by Ukraine (X units), Hungary (X units), the Czech Republic (X units) and Romania (X units). All these countries together held near X% share of total imports. Slovakia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to syringe imports into Russia stood at X%. At the same time, Hungary (X%), Slovakia (X%), Poland (X%), Romania (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Ukraine (X%) illustrated a downward trend over the same period. Hungary (X p.p.), Poland (X p.p.) and Slovakia (X p.p.) significantly strengthened its position in terms of the total imports, while Ukraine and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest syringe importing markets in Eastern Europe were Russia ($X), Hungary ($X) and Poland ($X), together comprising X% of total imports.

Hungary, with a CAGR of X%, saw the highest growth rate of 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 Eastern Europe amounted to $X per thousand units, waning by X% against the previous year. Import price indicated a moderate 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, syringe import price increased by X% against 2018 indices. The growth pace was the most rapid in 2021 when the import price increased by X%. As a result, import price reached the peak level of $X per thousand units, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per thousand units), while Ukraine ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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