GCC: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in GCC

The GCC needles, catheters, cannulae market skyrocketed to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption continues to indicate strong growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Needles, Catheters, Cannulae Production in GCC

In value terms, needles, catheters, cannulae production skyrocketed to $X in 2022 estimated in export price. In general, production showed a resilient increase. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Needles, Catheters, Cannulae Exports

Exports in GCC

In 2022, overseas shipments of needles, catheters, cannulae increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded a strong increase. 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 surged to $X in 2022. In general, exports saw a relatively flat trend pattern. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates was the main exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by Saudi Arabia (X units), mixing up a X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the needles, catheters, cannulae exports, with a CAGR of X% from 2012 to 2022. Saudi Arabia experienced a relatively flat trend pattern. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Saudi Arabia (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest needles, catheters, cannulae supplier in GCC, comprising X% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates was relatively modest.

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, almost unchanged from the previous year. Over the period under review, the export price, however, saw a pronounced decrease. The growth pace was the most rapid in 2016 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

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 United Arab Emirates ($X per unit), while Saudi Arabia stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%).

Needles, Catheters, Cannulae Imports

Imports in GCC

In 2022, after five years of growth, there was significant decline in overseas purchases of needles, catheters, cannulae, when their volume decreased by X% to X units. In general, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The volume of import peaked at X units in 2021, and then dropped in the following year.

In value terms, needles, catheters, cannulae imports skyrocketed to $X in 2022. Total imports indicated resilient growth 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 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United Arab Emirates (X units) and Kuwait (X units) represented the major importers of needles, catheters, cannulae in 2022, resulting at approx. X% and X% of total imports, respectively. It was distantly followed by Oman (X units) and Bahrain (X units), together committing a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kuwait (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kuwait ($X), the United Arab Emirates ($X) and Oman ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Kuwait, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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

The import price in GCC stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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