Malaysia: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Malaysia

For the fourth consecutive year, the Malaysian needles, catheters, cannulae market recorded decline in sales value, which decreased by X% to $X in 2022. In general, consumption, however, saw a abrupt setback. Needles, catheters, cannulae consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Needles, Catheters, Cannulae Production in Malaysia

In value terms, needles, catheters, cannulae production fell modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Needles, Catheters, Cannulae Exports

Exports from Malaysia

In 2022, overseas shipments of needles, catheters, cannulae increased by X% to X units, rising for the fifth consecutive year after two years of decline. In general, exports posted 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 soared to $X in 2022. Over the period under review, exports showed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), the United States (X units) and Japan (X units) were the main destinations of needles, catheters, cannulae exports from Malaysia, with a combined X% share of total exports. China, the Netherlands, Belgium, Singapore, Taiwan (Chinese), Australia, South Korea and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and China ($X) appeared to be the largest markets for needles, catheters, cannulae exported from Malaysia worldwide, with a combined X% share of total exports. Japan, the Netherlands, Belgium, Singapore, Taiwan (Chinese), Australia, South Korea and India lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, recorded 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, falling by X% against the previous year. Over the period under review, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($X per unit) and Japan ($X per unit), while the average price for exports to South Korea ($X per unit) and Belgium ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced a decline.

Needles, Catheters, Cannulae Imports

Imports into Malaysia

In 2022, purchases abroad of needles, catheters, cannulae increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, needles, catheters, cannulae imports soared to $X in 2022. Over the period under review, total imports indicated a resilient expansion 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X units), Singapore (X units) and China (X units) were the main suppliers of needles, catheters, cannulae imports to Malaysia, with a combined X% share of total imports. Mexico, Germany, Ireland, Japan, the UK, Vietnam, India, the Netherlands, Costa Rica and Thailand lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest needles, catheters, cannulae suppliers to Malaysia were the United States ($X), Singapore ($X) and Mexico ($X), with a combined X% share of total imports. China, Japan, Germany, Ireland, the UK, India, Vietnam, Costa Rica, Thailand and the Netherlands lagged somewhat behind, together comprising a further X%.

Costa Rica, with a CAGR of X%, recorded 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, shrinking by X% against the previous year. Overall, the import price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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