Asia-Pacific: Needles And Catheters Market 2021

Needles And Catheters Market Size in Asia-Pacific

The Asia-Pacific needles and catheters market expanded slightly to $X in 2019, surging by X% against the previous year. The total consumption indicated a strong increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2011 indices. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. Over the period under review, the market attained the maximum level in 2019 and is likely to continue growth in the immediate term.

Needles And Catheters Production in Asia-Pacific

In value terms, needles and catheters production rose to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. The level of production peaked at $X in 2013; however, from 2014 to 2019, production stood at a somewhat lower figure.

Production By Country in Asia-Pacific

China (X units) remains the largest needles and catheters producing country in Asia-Pacific, comprising approx. X% of total volume. Moreover, needles and catheters production in China exceeded the figures recorded by the second-largest producer, Malaysia (X units), fourfold. The third position in this ranking was occupied by India (X units), with a X% share.

In China, needles and catheters production expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Malaysia (+X% per year) and India (-X% per year).

Needles And Catheters Exports

Exports in Asia-Pacific

In 2019, overseas shipments of needles, catheters, cannulae for medicine increased by X% to X units, rising for the fourth consecutive year after two years of decline. Total exports indicated strong growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. The volume of export peaked in 2019 and is likely to continue growth in the near future.

In value terms, needles and catheters exports expanded rapidly to $X in 2019. In general, exports showed a strong increase. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in years to come.

Exports by Country

China (X units) and Malaysia (X units) represented the major exporters of needles, catheters, cannulae for medicine in 2019, resulting at approx. X% and X% of total exports, respectively. India (X units) ranks next in terms of the total exports with a X% share, followed by Japan (X%). South Korea (X units), Thailand (X units) and Taiwan (Chinese) (X units) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by China, while exports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Malaysia ($X) constituted the countries with the highest levels of exports in 2019, together accounting for X% of total exports. These countries were followed by India, Thailand, Taiwan (Chinese) and South Korea, which together accounted for a further X recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The needles and catheters export price in Asia-Pacific stood at $X per unit in 2019, growing by X% against the previous year. Export price indicated a notable expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, needles and catheters export price increased by +X% against 2010 indices. The pace of growth was the most pronounced in 2009 when the export price increased by X% y-o-y. Over the period under review, export prices hit record highs in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Japan ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the other leaders experienced more modest paces of growth.

Needles And Catheters Imports

Imports in Asia-Pacific

Needles and catheters imports rose sharply to X units in 2019, increasing by X% compared with 2018 figures. Over the period under review, imports recorded a remarkable increase. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. The volume of import peaked in 2019 and is expected to retain growth in the near future.

In value terms, needles and catheters imports totaled $X in 2019. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure in 2019 and are expected to retain growth in the immediate term.

Imports by Country

French Polynesia prevails in needles and catheters imports structure, resulting at X units, which was near X% of total imports in 2019. India (X units) took the second position in the ranking, followed by China (X units) and South Korea (X units). All these countries together held near X% share of total imports. Japan (X units) and Malaysia (X units) took a minor share of total imports.

French Polynesia was also the fastest-growing in terms of the needles, catheters, cannulae for medicine imports, with a CAGR of +X% from 2007 to 2019. At the same time, China (+X%), India (+X%), Malaysia (+X%) and South Korea (+X%) displayed positive paces of growth. By contrast, Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of French Polynesia, China and India increased by +X%, +X% and +X% percentage points, while South Korea (-X p.p.) and Japan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), China ($X) and South Korea ($X) were the countries with the highest levels of imports in 2019, together accounting for X% of total imports.

Among the main importing countries, China saw the highest growth rate of 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 needles and catheters import price in Asia-Pacific stood at $X per unit in 2019, waning by -X% against the previous year. Overall, the import price recorded a noticeable setback. The pace of growth was the most pronounced in 2009 when the import price increased by X% y-o-y. As a result, import price attained the peak level of $X per unit. From 2010 to 2019, the growth in terms of the import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per unit), while French Polynesia ($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 other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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