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Latvia - Needles, Catheters, Cannulae And The Like - Market Analysis, Forecast, Size, Trends and Insights
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Latvia: Needle And Catheter Market Overview 2020

Needle And Catheter Market Size in Latvia

The revenue of the needle and catheter market in Latvia amounted to $X in 2018, lowering by -X% against the previous year. In general, needle and catheter consumption, however, continues to indicate a noticeable increase. The growth pace was the most rapid in 2016 when the market value increased by X% against the previous year. In that year, the needle and catheter market attained its peak level of $X. From 2017 to 2018, the growth of the needle and catheter market remained at a somewhat lower figure.

Needle And Catheter Production in Latvia

In value terms, needle and catheter production amounted to $X in 2018 estimated in export prices. In general, needle and catheter production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when production volume increased by X% y-o-y. Over the period under review, needle and catheter production attained its peak figure level at $X in 2016; however, from 2017 to 2018, production remained at a lower figure.

Needle And Catheter Exports

Exports from Latvia

In 2018, the needle and catheter exports from Latvia totaled X tonnes, going up by X% against the previous year. Overall, needle and catheter exports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Latvia exports peaked at X tonnes in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, needle and catheter exports stood at $X in 2018. Overall, needle and catheter exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, needle and catheter exports attained their maximum at $X in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Mexico (X tonnes), distantly followed by Belgium (X tonnes), China (X tonnes), Costa Rica (X tonnes), the UK (X tonnes), the U.S. (X tonnes) and Germany (X tonnes) were the key exporters of needles, catheters, cannulae and the like, together creating X% of total exports. The Netherlands (X tonnes), Ireland (X tonnes), Malaysia (X tonnes), Japan (X tonnes) and Thailand (X tonnes) took a minor share of total exports.

Mexico experienced a relatively flat trend pattern of needles, catheters, cannulae and the like exports. At the same time, the UK (+X%), Costa Rica (+X%), Belgium (+X%), the Netherlands (+X%), Germany (+X%), China (+X%), Ireland (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. The U.S., Japan and Thailand experienced a relatively flat trend pattern. From 2007 to 2018, the share of Belgium, the UK, Costa Rica, China, Germany, the Netherlands and Ireland increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Mexico (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest needle and catheter markets from Latvia were the U.S. ($X), the Netherlands ($X) and Ireland ($X), together accounting for X% of total exports.

Among the main exporting countries, the Netherlands experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the needle and catheter export price in Latvia amounted to $X per tonne, waning by -X% against the previous year. Overall, the needle and catheter export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2009 when the export price increased by X% year-to-year. Latvia export price peaked at $X per tonne in 2010; however, from 2011 to 2018, export prices stood at a somewhat lower figure.

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

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

Needle And Catheter Imports

Imports into Latvia

Needle and catheter imports into Latvia amounted to X tonnes in 2018, reducing by -X% against the previous year. Over the period under review, needle and catheter imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. In that year, needle and catheter imports attained their peak of X tonnes, and then declined slightly in the following year.

In value terms, needle and catheter imports amounted to $X in 2018. Overall, needle and catheter imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, needle and catheter imports reached their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

The U.S. was the major importer of needles, catheters, cannulae and the like in the world, with the volume of imports recording X tonnes, which was near X% of total imports in 2018. Mexico (X tonnes) took the second position in the ranking, followed by Belgium (X tonnes), Japan (X tonnes) and Germany (X tonnes). All these countries together held approx. X% share of total imports. France (X tonnes), the Netherlands (X tonnes), Italy (X tonnes), China (X tonnes), the UK (X tonnes), Spain (X tonnes) and South Korea (X tonnes) followed a long way behind the leaders.

The U.S. experienced a relatively flat trend pattern of needles, catheters, cannulae and the like imports. At the same time, China (+X%), Mexico (+X%), France (+X%), South Korea (+X%), Spain (+X%), Belgium (+X%), Germany (+X%), Italy (+X%), Japan (+X%), the Netherlands (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of Mexico, Belgium, Germany, China, France, Japan, Italy, South Korea, Spain and the U.S. increased by +X%, +X%, +X%, +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), the Netherlands ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Japan, China, Belgium, France, the UK, Mexico, Italy, Spain, South Korea and Latvia lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the needle and catheter import price in Latvia amounted to $X per tonne, jumping by X% against the previous year. Over the period under review, the needle and catheter import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 an increase of X% year-to-year. In that year, the import prices for needles, catheters, cannulae and the like reached their peak level of $X per tonne. From 2010 to 2018, the growth in terms of the import prices for needles, catheters, cannulae and the like remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while Mexico ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 32501313 - Tubular metal needles, for medical, surgical, dental or veterinary sciences
• Prodcom 32501315 - Needles for sutures used in medical, surgical, dental or veterinary sciences
• Prodcom 32501317 - Needles, catheters, cannulae and the like used in medical, s urgical, dental or veterinary sciences (excluding tubular metal needles and needles for sutures)

This report provides an in-depth analysis of the needle and catheter market in Latvia. 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.


Country coverage:
• Latvia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Latvia
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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