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GCC - Syringes, With or Without Needles - Market Analysis, Forecast, Size, Trends and Insights

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GCC: Syringe Market 2022

Syringe Market Size in GCC

In general, consumption saw a relatively flat trend pattern.

Syringe Exports

Exports by Country

China was the largest exporting country with an export of about X units, which accounted for 39% of total exports. It was distantly followed by Germany (X units), the United States (X units), France (X units) and Belgium (X units), together comprising a 32% share of total exports. The following exporters - Spain (X units), Mexico (X units), Switzerland (X units), Italy (X units), Ireland (X units), the Philippines (X units) and South Korea (X units) - together made up 15% of total exports.

China was also the fastest-growing in terms of the syringes, with or without needles exports, with a CAGR of +13.7% from 2012 to 2021. At the same time, France (+12.2%), Italy (+5.9%), Switzerland (+5.9%) and the United States (+3.3%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. By contrast, Spain (-2.6%), Mexico (-3.3%), Belgium (-4.4%), Ireland (-6.1%), South Korea (-7.1%) and the Philippines (-19.2%) illustrated a downward trend over the same period. While the share of China (+21 p.p.) and France (+3.4 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of South Korea (-1.7 p.p.), Ireland (-2.4 p.p.), Mexico (-2.9 p.p.), Spain (-3.6 p.p.), the Philippines (-5.4 p.p.), Germany (-5.5 p.p.) and Belgium (-5.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest syringe supplying countries from X were China ($X), the United States ($X) and France ($X), together accounting for 43% of total exports. These countries were followed by Germany, Switzerland, Italy, Belgium, Mexico, Spain, Ireland, the Philippines and South Korea, which together accounted for a further 36%.

Italy, with a CAGR of +15.0%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in X stood at less than $X per thousand units in 2021, stabilizing at the previous year. Overall, the export price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Italy ($X per thousand units), while China ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+17.0%), while the other leaders experienced more modest paces of growth.

Syringe Imports

Imports by Country

In 2021, Bolivia (X units), distantly followed by the United States (X units), Germany (X units), France (X units) and Belgium (X units) represented the largest importers of syringes, with or without needles, together generating 47% of total imports. Italy (X units), the UK (X units), Brazil (X units), Russia (X units), China (X units), Spain (X units), Denmark (X units) and the Netherlands (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bolivia (with a CAGR of +125.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest syringe importing markets into X were the United States ($X), France ($X) and Germany ($X), with a combined 37% share of total imports. Belgium, the Netherlands, Italy, China, the UK, Spain, Russia, Denmark, Brazil and Bolivia lagged somewhat behind, together accounting for a further 30%.

In terms of the main importing countries, Denmark, with a CAGR of +12.7%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in X amounted to less than $X per thousand units, approximately mirroring the previous year. Overall, the import price showed a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($X per thousand units), while Bolivia ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for syringes, with or without needles in GCC?

The country with the largest volume of syringe consumption was Saudi Arabia, comprising approx. 77% of total volume. Moreover, syringe consumption in Saudi Arabia exceeded the figures recorded by the second-largest consumer, the United Arab Emirates, sevenfold. Oman ranked third in terms of total consumption with an 8.7% share.

What are the largest producers of syringes, with or without needles in GCC?

Saudi Arabia constituted the country with the largest volume of syringe production, comprising approx. 82% of total volume. Moreover, syringe production in Saudi Arabia exceeded the figures recorded by the second-largest producer, the United Arab Emirates, more than tenfold. The third position in this ranking was held by Oman, with a 7.2% share.

What are the leading suppliers of syringes, with or without needles in GCC?

In value terms, the United Arab Emirates remains the largest syringe supplier in GCC, comprising 96% of total exports. The second position in the ranking was held by Saudi Arabia, with a 2.1% share of total exports.

What are the leading importers of syringes, with or without needles in GCC?

In value terms, the United Arab Emirates constitutes the largest market for imported syringes, with or without needles in GCC, comprising 13% of total imports. The second position in the ranking was taken by Oman, with a 2.3% share of total imports.

What is the average export price for syringes, with or without needles in GCC?

In 2021, the export price in GCC amounted to $67 per thousand units, increasing by 5.4% against the previous year.

What is the average import price for syringes, with or without needles in GCC?

In 2021, the import price in GCC amounted to $0.5 per unit, with an increase of 13% against the previous year.

This report provides an in-depth analysis of the syringe market in GCC. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• Prodcom 32501311 - Syringes, with or without needles, used in medical, surgical, d ental or veterinary sciences

Country coverage:

• Bahrain

• United Arab Emirates

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Production in GCC, split by region and country

• Trade (exports and imports) in GCC

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance