Australia and Oceania: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Australia and Oceania

The needles, catheters, cannulae market in Australia and Oceania expanded notably to $X in 2021, picking up by 12% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Needles, Catheters, Cannulae Production in Australia and Oceania

In value terms, needles, catheters, cannulae production shrank to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 25% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then reduced in the following year.

Needles, Catheters, Cannulae Exports

Exports in Australia and Oceania

In 2021, the amount of needles, catheters, cannulae exported in Australia and Oceania skyrocketed to X units, rising by 23% on the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 24% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, needles, catheters, cannulae exports expanded notably to $X in 2021. In general, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 36%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia was the major exporter of needles, catheters, cannulae in Australia and Oceania, with the volume of exports accounting for X units, which was approx. 87% of total exports in 2021. It was distantly followed by New Zealand (X units), creating a 13% share of total exports.

Australia experienced a relatively flat trend pattern with regard to volume of exports of needles, catheters, cannulae. At the same time, New Zealand (+13.5%) displayed positive paces of growth. Moreover, New Zealand emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +13.5% from 2012-2021. From 2012 to 2021, the share of New Zealand increased by +8.5 percentage points.

In value terms, Australia ($X) remains the largest needles, catheters, cannulae supplier in Australia and Oceania, comprising 74% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 26% share of total exports.

In Australia, needles, catheters, cannulae exports expanded at an average annual rate of +4.9% over the period from 2012-2021.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2021, declining by -10% against the previous year. Overall, the export price, however, showed strong growth. The pace of growth was the most pronounced in 2018 an increase of 68%. Over the period under review, the export prices reached the maximum at $X per unit in 2020, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+7.7%).

Needles, Catheters, Cannulae Imports

Imports in Australia and Oceania

After five years of decline, supplies from abroad of needles, catheters, cannulae increased by 22% to X units in 2021. In general, imports, however, recorded a deep downturn. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, needles, catheters, cannulae imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +3.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when imports increased by 13% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

Australia represented the key importer of needles, catheters, cannulae in Australia and Oceania, with the volume of imports recording X units, which was near 80% of total imports in 2021. It was distantly followed by New Zealand (X units), achieving an 11% share of total imports. The following importers - French Polynesia (X units) and New Caledonia (X units) - together made up 4.8% of total imports.

From 2012 to 2021, average annual rates of growth with regard to needles, catheters, cannulae imports into Australia stood at -7.8%. At the same time, French Polynesia (+25.1%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +25.1% from 2012-2021. New Caledonia experienced a relatively flat trend pattern. By contrast, New Zealand (-2.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of New Zealand and French Polynesia increased by +3.7 and +3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported needles, catheters, cannulae in Australia and Oceania, comprising 87% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 10% share of total imports. It was followed by French Polynesia, with a 1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia totaled +4.2%. In the other countries, the average annual rates were as follows: New Zealand (+0.7% per year) and French Polynesia (+18.8% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, waning by -7.4% against the previous year. In general, the import price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2018 an increase of 54%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per unit), while French Polynesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+13.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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