India Emerges as Fastest-Growing Syringe Exporter Worldwide
Nov 30, 2021
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The Covid-19 pandemic intensified the global trade in syringes and enabled India to become the fastest-growing exporter with the lowest syringe prices in 2020. Over the last year, Indian supplies abroad spiked from $32М to $40M. Global syringe exports also followed an upward trend, rising by +4.4% y-o-y to $5.7B. While India robustly ramps up supplies, the U.S. ($872M), China ($766M) and France ($693M) remain the world’s largest exporters, providing 41% of total exports.