Report Vietnam - Needles, Catheters, Cannulae for Medicine - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Apr 9, 2021

Vietnam - Needles, Catheters, Cannulae for Medicine - Market Analysis, Forecast, Size, Trends and Insights
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Vietnam: Needles And Catheters Market 2021

Needles And Catheters Market Size in Vietnam

In 2019, the Vietnamese needles and catheters market decreased by -X% to $X for the first time since 2016, thus ending a two-year rising trend. Overall, consumption enjoyed a perceptible expansion. The growth pace was the most rapid in 2017 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2018, and then fell significantly in the following year.

Needles And Catheters Production in Vietnam

In value terms, needles and catheters production soared to $X in 2019 estimated in export prices. In general, production, however, enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2019, production failed to regain the momentum.

Needles And Catheters Exports

Exports from Vietnam

Needles and catheters exports from Vietnam contracted significantly to X units in 2019, reducing by -X% on 2018 figures. Overall, exports, however, enjoyed a mild expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of X units, and then shrank significantly in the following year.

In value terms, needles and catheters exports skyrocketed to $X in 2019. Over the period under review, exports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Exports peaked in 2019 and are likely to continue growth in the immediate term.

Exports by Country

Japan (X units) was the main destination for needles and catheters exports from Vietnam, with a X% share of total exports. Moreover, needles and catheters exports to Japan exceeded the volume sent to the second major destination, China (X units), fourfold. Malaysia (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and Malaysia (-X% per year).

In value terms, Japan ($X), China ($X) and South Korea ($X) were the largest markets for needles and catheters exported from Vietnam worldwide, with a combined X% share of total exports. These countries were followed by Germany, Belgium, the U.S., the Netherlands, Taiwan (Chinese) and Malaysia, which together accounted for a further X the main countries of destination, Belgium (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average needles and catheters export price stood at $X per unit in 2019, with an increase of X% against the previous year. In general, the export price showed resilient growth. Over the period under review, average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Needles And Catheters Imports

Imports into Vietnam

After three years of growth, purchases abroad of needles, catheters, cannulae for medicine decreased by -X% to X units in 2019. In general, imports, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked at X units in 2018, and then reduced markedly in the following year.

In value terms, needles and catheters imports dropped markedly to $X in 2019. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Imports peaked at $X in 2018, and then fell sharply in the following year.

Imports by Country

In 2019, China (X units) constituted the largest needles and catheters supplier to Vietnam, accounting for a X% share of total imports. Moreover, needles and catheters imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), fourfold. The third position in this ranking was occupied by Japan (X units), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-X% per year) and Japan (+X% per year).

In value terms, the largest needles and catheters suppliers to Vietnam were China ($X), the U.S. ($X) and Japan ($X), together accounting for X% of total imports. Thailand, Malaysia, Mexico, Germany, Switzerland, Costa Rica and India lagged somewhat behind, together comprising a further X the main suppliers, Costa Rica (+X% per year) saw 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

The average needles and catheters import price stood at $X per unit in 2019, declining by -X% against the previous year. In general, the import price, however, continues to indicate perceptible growth. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2018, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Thailand ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Japan, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for needles, catheters, cannulae for medicine in the world?
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El Salvador remains the largest needles and catheters consuming country worldwide, comprising approx. 36% of total volume. Moreover, needles and catheters consumption in El Salvador exceeded the figures recorded by the second-largest consumer, French Polynesia, twofold. The third position in this ranking was occupied by China, with a 8.7% share.
What are the largest producers of needles, catheters, cannulae for medicine in the world?
+
China constituted the country with the largest volume of needles and catheters production, accounting for 28% of total volume. Moreover, needles and catheters production in China exceeded the figures recorded by the second-largest producer, Slovakia, threefold. The U.S. ranked third in terms of total production with a 8.5% share.
What are the leading suppliers of needles, catheters, cannulae for medicine to Vietnam?
+
In value terms, China, the U.S. and Japan appeared to be the largest needles and catheters suppliers to Vietnam, with a combined 45% share of total imports. These countries were followed by Thailand, Malaysia, Mexico, Germany, Switzerland, Costa Rica and India, which together accounted for a further 33%.
What are the leading importers of needles, catheters, cannulae for medicine from Vietnam?
+
In value terms, the largest markets for needles and catheters exported from Vietnam were Japan, China and South Korea, with a combined 62% share of total exports. These countries were followed by Germany, Belgium, the U.S., the Netherlands, Taiwan Chinese) and Malaysia, which together accounted for a further 27%.
What is the average export price for needles, catheters, cannulae for medicine in Vietnam?
+
In 2019, the average needles and catheters export price amounted to $4.4 per unit, picking up by 139% against the previous year.
What is the average import price for needles, catheters, cannulae for medicine in Vietnam?
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In 2019, the average needles and catheters import price amounted to $0.2 per unit, falling by -6.9% against the previous year.

This report provides an in-depth analysis of the needles and catheters market in Vietnam. 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 2025.


Product coverage:
• Prodcom 32501317 - Needles, catheters, cannulae and the like used in medical, s urgical, dental or veterinary sciences (excluding tubular metal needles and needles for sutures)
Country coverage:
• Vietnam

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

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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