Global Syringe Market 2024

Syringe Market Size

After four years of growth, the global syringe market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the global market attained the maximum level at $X in 2021, and then fell in the following year.

Syringe Production

In value terms, syringe production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, global production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Syringe Exports

Exports

After five years of growth, shipments abroad of syringes, with or without needles decreased by X% to X units in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The global exports peaked at X units in 2021, and then contracted in the following year.

In value terms, syringe exports totaled $X in 2022. Over the period under review, total exports indicated a remarkable 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, exports increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

China represented the key exporter of syringes, with or without needles in the world, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. The United States (X units) ranks second in terms of the total exports with a X% share, followed by France (X%), Germany (X%) and Spain (X%). Belgium (X units), Switzerland (X units), India (X units), Mexico (X units), Ireland (X units) and Italy (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to syringe exports from China stood at X%. At the same time, India (X%), France (X%), Switzerland (X%), Italy (X%), the United States (X%) and Belgium (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Spain (X%), Ireland (X%), Mexico (X%) and Germany (X%) illustrated a downward trend over the same period. China (X p.p.), France (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the global exports, while Ireland, Spain, Mexico and Germany saw its share reduced by X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest syringe supplying countries worldwide were the United States ($X), China ($X) and France ($X), together comprising X% of global exports. Germany, Switzerland, Italy, Belgium, Mexico, Spain, Ireland and India lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average syringe export price stood at $X per unit in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while India (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 Germany (X%), while the other global leaders experienced more modest paces of growth.

Syringe Imports

Imports

In 2022, supplies from abroad of syringes, with or without needles decreased by X% to X units for the first time since 2015, thus ending a six-year rising trend. 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 in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, global imports reached the maximum at X units in 2021, and then shrank slightly in the following year.

In value terms, syringe imports declined slightly to $X in 2022. In general, total imports indicated a strong 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 2015 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

The countries with the highest levels of syringe imports in 2022 were France (X units), Germany (X units), the United States (X units), Brazil (X units), the UK (X units), Switzerland (X units), Belgium (X units), Italy (X units), Spain (X units), Russia (X units), China (X units) and the Netherlands (X units), together reaching X% of total import. India (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of global imports. The Netherlands, Italy, China, Switzerland, Belgium, the UK, Spain, Russia, India and Brazil lagged somewhat behind, together accounting for a further X%.

India, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average syringe import price stood at $X per unit in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X%. Global import price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while Brazil (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 United States (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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