Argentina: Needles And Catheters Market 2021

Needles And Catheters Market Size in Argentina

The Argentinian needles and catheters market totaled $X in 2019, approximately reflecting the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a resilient increase. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.

Needles And Catheters Exports

Exports from Argentina

In 2019, shipments abroad of needles, catheters, cannulae for medicine increased by X% to X units for the first time since 2016, thus ending a two-year declining trend. Overall, exports, however, showed a mild slump. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Exports peaked at X units in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

In value terms, needles and catheters exports surged to $X in 2019. In general, exports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Exports peaked at $X in 2017; however, from 2018 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Paraguay (X units) was the main destination for needles and catheters exports from Argentina, accounting for a X% share of total exports. Moreover, needles and catheters exports to Paraguay exceeded the volume sent to the second major destination, Brazil (X units), threefold. Peru (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Paraguay amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-X% per year) and Peru (-X% per year).

In value terms, Brazil ($X) remains the key foreign market for needles and catheters exports from Argentina, comprising X% of total exports. The second position in the ranking was occupied by Paraguay ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Brazil amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+X% per year) and Mexico (+X% per year).

Export Prices by Country

The average needles and catheters export price stood at $X per unit in 2019, growing by X% against the previous year. Over the period under review, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. The export price peaked in 2019 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Brazil ($X per unit), while the average price for exports to Paraguay ($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 Bolivia, while the prices for the other major destinations experienced more modest paces of growth.

Needles And Catheters Imports

Imports into Argentina

Needles and catheters imports into Argentina expanded to X units in 2019, with an increase of X% on the year before. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports hit record highs in 2019 and are likely to continue growth in years to come.

In value terms, needles and catheters imports shrank slightly to $X in 2019. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Imports peaked at $X in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, the U.S. (X units) constituted the largest needles and catheters supplier to Argentina, with a X% share of total imports. Moreover, needles and catheters imports from the U.S. exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Japan (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the U.S. ($X), Hungary ($X) and China ($X) appeared to be the largest needles and catheters suppliers to Argentina, together comprising X% of total imports.

Among the main suppliers, Hungary 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

In 2019, the average needles and catheters import price amounted to $X per unit, shrinking by -X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2009 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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