Romania: Syringe Market 2024

Syringe Market Size in Romania

In 2022, after two years of growth, there was significant decline in the Romanian syringe market, when its value decreased by X% to $X. Over the period under review, the total consumption 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, consumption increased by X% against 2018 indices. As a result, consumption reached the peak level of $X, and then dropped notably in the following year.

Syringe Exports

Exports from Romania

In 2022, the amount of syringes, with or without needles exported from Romania contracted modestly to X units, which is down by X% compared with 2021. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, syringe exports fell to $X in 2022. In general, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Bulgaria (X units) was the main destination for syringe exports from Romania, accounting for a X% share of total exports. Moreover, syringe exports to Bulgaria exceeded the volume sent to the second major destination, Serbia (X units), threefold. Ukraine (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Ukraine (X% per year).

In value terms, Bulgaria ($X) remains the key foreign market for syringes, with or without needles exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Serbia ($X), with a X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Bulgaria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Ukraine (X% per year).

Export Prices by Country

In 2022, the average syringe export price amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price, however, recorded a temperate increase. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Bulgaria ($X per unit) was amongst the lowest.

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

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Syringe Imports

Imports into Romania

In 2022, supplies from abroad of syringes, with or without needles was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, syringe imports dropped notably to $X in 2022. Overall, imports saw a buoyant increase. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of syringe to Romania, accounting for a X% share of total imports. Moreover, syringe imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. The third position in this ranking was held by Turkey (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Turkey (X% per year).

In value terms, the Netherlands ($X), China ($X) and Germany ($X) appeared to be the largest syringe suppliers to Romania, together accounting for X% of total imports. Belgium, Turkey, Slovakia and Egypt lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average syringe import price amounted to $X per unit, declining by X% against the previous year. In general, the import price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Egypt (less than $X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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