Latest Report Update: Dec 30, 2019

Philippines - Syringes, With Or Without Needles - Market Analysis, Forecast, Size, Trends and Insights
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Philippines: Syringe Market Overview 2020

Syringe Market Size in the Philippines

The revenue of the syringe market in the Philippines amounted to $X in 2018, coming down by -X% against the previous year. Over the period under review, the total market indicated a prominent increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, syringe consumption decreased by -X% against 2015 indices. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, the syringe market reached its maximum level at $X in 2015; however, from 2016 to 2018, consumption stood at a somewhat lower figure.

Syringe Production in the Philippines

In value terms, syringe production totaled $X in 2018 estimated in export prices. Over the period under review, syringe production, however, continues to indicate remarkable growth. The growth pace was the most rapid in 2011 when production volume increased by X% against the previous year. Over the period under review, syringe production attained its peak figure level at $X in 2015; however, from 2016 to 2018, production remained at a lower figure.

Syringe Exports

Exports from the Philippines

In 2018, the syringe exports from the Philippines totaled X units, lowering by -X% against the previous year. Overall, syringe exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2009 when exports increased by X% year-to-year. Exports peaked at X units in 2015; however, from 2016 to 2018, exports remained at a lower figure.

In value terms, syringe exports totaled $X in 2018. Over the period under review, syringe exports, however, continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Thailand (X units), Indonesia (X units) and Belgium (X units) were the main destinations of syringe exports from the Philippines, with a combined X% share of total exports. Australia, the U.S., Taiwan, Chinese, Mexico, Saudi Arabia, Japan, Malaysia, China, Hong Kong SAR and Canada lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Belgium ($X) and the U.S. ($X) appeared to be the largest markets for syringe exported from the Philippines worldwide, together comprising X% of total exports. Indonesia, Australia, China, Hong Kong SAR, Japan, Canada, Malaysia, Mexico, Taiwan, Chinese and Saudi Arabia lagged somewhat behind, together comprising a further X terms of the main countries of destination, China, Hong Kong SAR recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average syringe export price stood at $X per unit in 2018, going up by X% against the previous year. In general, the syringe export price continues to indicate tangible growth. The pace of growth was the most pronounced in 2014 an increase of X% y-o-y. In that year, the average export prices for syringes, with or without needles attained their peak level of $X per unit. From 2015 to 2018, the growth in terms of the average export prices for syringes, with or without needles remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China, Hong Kong SAR ($X per unit), while the average price for exports to Taiwan, Chinese ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

Syringe Imports

Imports into the Philippines

In 2018, the syringe imports into the Philippines stood at X units, going up by X% against the previous year. In general, syringe imports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, syringe imports totaled $X in 2018. In general, syringe imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, syringe imports reached their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, China (X units) constituted the largest syringe supplier to the Philippines, with a X% share of total imports. Moreover, syringe imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), sevenfold. The third position in this ranking was occupied by Spain (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and Spain (+X% per year).

In value terms, Singapore ($X), China ($X) and Spain ($X) constituted the largest syringe suppliers to the Philippines, with a combined X% share of total imports.

Among the main suppliers, Spain recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average syringe import price amounted to $X per unit, waning by -X% against the previous year. In general, the syringe import price continues to indicate a moderate downturn. The pace of growth was the most pronounced in 2010 when the average import price increased by X% year-to-year. In that year, the average import prices for syringes, with or without needles attained their peak level of $X per unit. From 2011 to 2018, the growth in terms of the average import prices for syringes, with or without needles failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Singapore, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

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

This report provides an in-depth analysis of the syringe market in the Philippines. 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:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• 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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