Australia: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Australia

The Australian needles, catheters, cannulae market was estimated at $X in 2021, growing by 14% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Needles, Catheters, Cannulae Production in Australia

In value terms, needles, catheters, cannulae production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 28% against the previous year. Needles, catheters, cannulae production peaked at $X in 2020, and then reduced in the following year.

Needles, Catheters, Cannulae Exports

Exports from Australia

In 2021, overseas shipments of needles, catheters, cannulae were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, saw a relatively flat trend pattern. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, needles, catheters, cannulae exports skyrocketed to $X in 2021. Overall, total exports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -7.1% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of 23% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

New Zealand (X units), Germany (X units) and the United States (X units) were the main destinations of needles, catheters, cannulae exports from Australia, together accounting for 69% of total exports. These countries were followed by Singapore, China and Japan, which together accounted for a further 27%.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +43.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Germany ($X) and China ($X) were the largest markets for needles, catheters, cannulae exported from Australia worldwide, with a combined 74% share of total exports. These countries were followed by Singapore, the United States and Japan, which together accounted for a further 19%.

In terms of the main countries of destination, Singapore, with a CAGR of +38.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average needles, catheters, cannulae export price stood at $X per unit in 2021, falling by -9.7% against the previous year. Over the period under review, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 54% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.

Needles, Catheters, Cannulae Imports

Imports into Australia

In 2021, overseas purchases of needles, catheters, cannulae were finally on the rise to reach X units for the first time since 2015, thus ending a five-year declining trend. Overall, imports, however, continue to indicate a abrupt descent. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, needles, catheters, cannulae imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest needles, catheters, cannulae supplier to Australia, with a 26% share of total imports. Moreover, needles, catheters, cannulae imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The third position in this ranking was taken by Singapore (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-14.5% per year) and Singapore (-6.6% per year).

In value terms, the United States ($X) constituted the largest supplier of needles, catheters, cannulae to Australia, comprising 36% of total imports. The second position in the ranking was taken by Costa Rica ($X), with an 11% share of total imports. It was followed by Mexico, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to +1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+21.7% per year) and Mexico (+3.2% per year).

Import Prices by Country

In 2021, the average needles, catheters, cannulae import price amounted to $X per unit, declining by -7.9% against the previous year. Overall, the import price, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2018 when the average import price increased by 63%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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