Estonia: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Estonia

The Estonian needles, catheters, cannulae market shrank rapidly to $X in 2022, falling 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). Overall, consumption recorded a deep setback. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Needles, Catheters, Cannulae Exports

Exports from Estonia

In 2022, the amount of needles, catheters, cannulae exported from Estonia soared to X units, jumping by X% against 2021 figures. In general, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, needles, catheters, cannulae exports rose modestly to $X in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for needles, catheters, cannulae exports from Estonia, with a X% share of total exports. Moreover, needles, catheters, cannulae exports to Russia exceeded the volume sent to the second major destination, Latvia (X units), sixfold. The third position in this ranking was taken by Lithuania (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Lithuania (X% per year).

In value terms, the largest markets for needles, catheters, cannulae exported from Estonia were China ($X), Russia ($X) and Latvia ($X), with a combined X% share of total exports. Lithuania, Canada and Germany lagged somewhat behind, together accounting for a further X%.

Canada, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average needles, catheters, cannulae export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Germany ($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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Needles, Catheters, Cannulae Imports

Imports into Estonia

In 2022, approx. X units of needles, catheters, cannulae were imported into Estonia; rising by X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, needles, catheters, cannulae imports dropped to $X in 2022. In general, total imports indicated a prominent 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 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then dropped in the following year.

Imports by Country

The Netherlands (X units), Austria (X units) and Germany (X units) were the main suppliers of needles, catheters, cannulae imports to Estonia, together accounting for X% of total imports. India, Sweden, Belgium, Poland, China, Denmark, Finland, Latvia, Lithuania and Italy lagged somewhat behind, together accounting for a further X%.

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

In value terms, Germany ($X), the Netherlands ($X) and Sweden ($X) constituted the largest needles, catheters, cannulae suppliers to Estonia, together comprising X% of total imports. Belgium, Lithuania, Latvia, Austria, Finland, Poland, India, Italy, Denmark and China lagged somewhat behind, together accounting for a further X%.

China, with a CAGR of X%, saw the highest rates of growth with regard to 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 needles, catheters, cannulae import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, import price indicated a perceptible expansion 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. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :