United Kingdom: Needle And Catheter Market Overview 2020

Needle And Catheter Market Size in the UK

The revenue of the needle and catheter market in the UK amounted to $X in 2018, waning by -X% against the previous year. Over the period under review, needle and catheter consumption, however, continues to indicate an abrupt deduction. The growth pace was the most rapid in 2011 when the market value increased by X% y-o-y. Over the period under review, the needle and catheter market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Needle And Catheter Production in the UK

In value terms, needle and catheter production stood at $X in 2018 estimated in export prices. Over the period under review, needle and catheter production, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. In that year, needle and catheter production attained its peak level of $X. From 2012 to 2018, needle and catheter production growth failed to regain its momentum.

Needle And Catheter Exports

Exports from the UK

In 2018, the needle and catheter exports from the UK amounted to X tonnes, surging by X% against the previous year. In general, needle and catheter exports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Exports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, needle and catheter exports stood at $X in 2018. In general, needle and catheter exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, needle and catheter exports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

Belgium (X tonnes) was the main destination for needle and catheter exports from the UK, with a X% share of total exports. Moreover, needle and catheter exports to Belgium exceeded the volume sent to the second major destination, France (X tonnes), more than tenfold. The U.S. (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Belgium amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+X% per year) and the U.S. (+X% per year).

In value terms, Belgium ($X) remains the key foreign market for needle and catheter exports from the UK, comprising X% of total needle and catheter exports. The second position in the ranking was occupied by France ($X), with a X% share of total exports. It was followed by Ireland, 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: France (+X% per year) and Ireland (+X% per year).

Export Prices by Country

In 2018, the average needle and catheter export price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the needle and catheter export price continues to indicate an abrupt setback. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. 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 Ireland ($X per tonne), while the average price for exports to Belgium ($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 the U.S., while the prices for the other major destinations experienced a decline.

Needle And Catheter Imports

Imports into the UK

Needle and catheter imports into the UK stood at X tonnes in 2018, growing by X% against the previous year. In general, the total imports indicated a significant increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, needle and catheter imports increased by +X% against 2011 indices. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, needle and catheter imports reached their maximum in 2018 and are likely to continue its growth in the immediate term.

In value terms, needle and catheter imports amounted to $X in 2018. Over the period under review, needle and catheter imports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, needle and catheter imports reached their peak figure at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

Belgium (X tonnes), Germany (X tonnes) and the Netherlands (X tonnes) were the main suppliers of needle and catheter imports to the UK, with a combined X% share of total imports. These countries were followed by China, France, Sweden, Denmark, the U.S., South Korea, Malaysia, Italy and India, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the largest needle and catheter suppliers to the UK were the Netherlands ($X), Germany ($X) and Belgium ($X), with a combined X% share of total imports. These countries were followed by France, the U.S., Sweden, Denmark, China, South Korea, Malaysia, Italy and India, which together accounted for a further X the main suppliers, South Korea experienced 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 needle and catheter import price amounted to $X per tonne, falling by -X% against the previous year. Overall, the needle and catheter import price continues to indicate a deep drop. The growth pace was the most rapid in 2012 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the Netherlands ($X per tonne), while the price for India ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform