Luxembourg: Needle And Catheter Market Overview 2020

Needle And Catheter Market Size in Luxembourg

The revenue of the needle and catheter market in Luxembourg amounted to $X in 2018, picking up by X% against the previous year. In general, needle and catheter consumption continues to indicate a resilient expansion. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, the needle and catheter market attained its peak figure level in 2018 and is expected to retain its growth in the immediate term.

Needle And Catheter Production in Luxembourg

In value terms, needle and catheter production totaled $X in 2018 estimated in export prices. Overall, needle and catheter production, however, continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, needle and catheter production attained its peak figure level at $X in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

Needle And Catheter Exports

Exports from Luxembourg

Needle and catheter exports from Luxembourg stood at X tonnes in 2018, falling by -X% against the previous year. Overall, needle and catheter exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, needle and catheter exports totaled $X in 2018. Overall, needle and catheter exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. Over the period under review, needle and catheter exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tonnes) was the main destination for needle and catheter exports from Luxembourg, accounting for a X% share of total exports. Moreover, needle and catheter exports to Belgium exceeded the volume sent to the second major destination, Germany (X tonnes), tenfold. Portugal (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Belgium totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Portugal (+X% per year).

In value terms, Belgium ($X) remains the key foreign market for needle and catheter exports from Luxembourg, comprising X% of total needle and catheter exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Portugal, with a X% share.

From 2007 to 2018, the average annual growth rate of value to Belgium stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Portugal (-X% per year).

Export Prices by Country

The average needle and catheter export price stood at $X per tonne in 2018, picking up by X% against the previous year. Overall, the needle and catheter export price, however, continues to indicate a deep shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Belgium ($X per tonne), while the average price for exports to the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced a decline.

Needle And Catheter Imports

Imports into Luxembourg

In 2018, the amount of needles, catheters, cannulae and the like imported into Luxembourg totaled X tonnes, lowering by -X% against the previous year. Over the period under review, needle and catheter imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Imports peaked at X tonnes in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, needle and catheter imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Over the period under review, needle and catheter imports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, Belgium (X tonnes) constituted the largest supplier of needle and catheter to Luxembourg, accounting for a X% share of total imports. Moreover, needle and catheter imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), twofold. The third position in this ranking was occupied by the Netherlands (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Belgium stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the Netherlands (+X% per year).

In value terms, Belgium ($X), Germany ($X) and the U.S. ($X) appeared to be the largest needle and catheter suppliers to Luxembourg, with a combined X% share of total imports. The Netherlands, Mexico, Ireland and France lagged somewhat behind, together accounting for a further X the main suppliers, Ireland recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average needle and catheter import price stood at $X per tonne in 2018, jumping by X% against the previous year. Over the period under review, the needle and catheter import price, however, continues to indicate a mild descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while the price for Belgium ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform