Pakistan: Syringe Market 2024

Syringe Market Size in Pakistan

The Pakistani syringe market expanded modestly to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated a noticeable 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. Based on 2022 figures, consumption decreased by X% against 2017 indices. Syringe consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Syringe Exports

Exports from Pakistan

In 2022, the amount of syringes, with or without needles exported from Pakistan fell significantly to X units, with a decrease of X% on the year before. Overall, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, syringe exports reduced remarkably to $X in 2022. Over the period under review, exports continue to indicate a perceptible descent. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Argentina (X units) was the main destination for syringe exports from Pakistan, with a X% share of total exports. It was followed by Afghanistan (X units), with a X% share of total exports. The third position in this ranking was held by the United Arab Emirates (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (X% per year) and the United Arab Emirates (X% per year).

In value terms, Argentina ($X) emerged as the key foreign market for syringes, with or without needles exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Afghanistan ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average syringe export price amounted to less than $X per unit, standing approx. at the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2017 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United Arab Emirates (less than $X per unit) and Argentina (less than $X per unit), while the average price for exports to Oman (less than $X per unit) and Afghanistan (less than $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 Saudi Arabia (X%), while the prices for the other major destinations experienced a decline.

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Syringe Imports

Imports into Pakistan

In 2022, imports of syringes, with or without needles into Pakistan declined slightly to X units, reducing by X% compared with the previous year's figure. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, syringe imports reduced modestly to $X in 2022. In general, total imports indicated a resilient increase 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 2020 indices. The pace of growth was the most pronounced in 2015 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of syringe to Pakistan, with a X% share of total imports. Moreover, syringe imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), twofold. The third position in this ranking was taken by the United States (X units), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of syringes, with or without needles to Pakistan, comprising X% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total imports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and the United States (X% per year).

Import Prices by Country

The average syringe import price stood at $X per unit in 2022, approximately equating the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price 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, syringe import price decreased by X% against 2018 indices. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($X per unit) and Indonesia ($X per unit), while the price for Singapore ($X per unit) and China ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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