Australia: Needles And Catheters Market 2021

Needles And Catheters Market Size in Australia

In 2019, the Australian needles and catheters market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Over the period under review, consumption, however, saw slight growth. The most prominent rate of growth was recorded in 2013 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2019, consumption remained at a lower figure.

Needles And Catheters Exports

Exports from Australia

In 2019, after two years of decline, there was significant growth in shipments abroad of needles, catheters, cannulae for medicine, when their volume increased by X% to X units. Over the period under review, exports, however, saw a mild decrease. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X units in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, needles and catheters exports expanded notably to $X in 2019. Overall, total exports indicated strong growth from 2007 to 2019: its value decreased 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 decreased by -X% against 2016 indices. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Exports peaked at $X in 2016; however, from 2017 to 2019, exports failed to regain the momentum.

Exports by Country

New Zealand (X units) was the main destination for needles and catheters exports from Australia, accounting for a X% share of total exports. Moreover, needles and catheters exports to New Zealand exceeded the volume sent to the second major destination, Poland (X units), more than tenfold. The third position in this ranking was occupied by Canada (X units), with a X% share.

From 2007 to 2019, the average annual growth rate of volume to New Zealand totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Canada (+X% per year).

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

From 2007 to 2019, the average annual growth rate of value to New Zealand totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Germany (+X% per year).

Export Prices by Country

The average needles and catheters export price stood at $X per unit in 2019, rising by X% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. The export price peaked at $X per unit in 2011; however, from 2012 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per unit), while the average price for exports to Canada ($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 New Zealand, while the prices for the other major destinations experienced mixed trend patterns.

Needles And Catheters Imports

Imports into Australia

In 2019, purchases abroad of needles, catheters, cannulae for medicine decreased by -X% to X units, falling for the third consecutive year after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at X units in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

In value terms, needles and catheters imports shrank to $X in 2019. In general, imports, however, showed a temperate increase. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2014 to 2019, the growth imports remained at a lower figure.

Imports by Country

The U.S. (X units), China (X units) and Malaysia (X units) were the main suppliers of needles and catheters imports to Australia, together accounting for X% of total imports. Costa Rica, Ireland, Mexico, Japan, Germany, Canada and the Czech Republic lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Costa Rica (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constituted the largest supplier of needles and catheters to Australia, comprising X% of total imports. The second position in the ranking was occupied by Costa Rica ($X), with a X% share of total imports. It was followed by Ireland, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Costa Rica (+X% per year) and Ireland (-X% per year).

Import Prices by Country

The average needles and catheters import price stood at $X per unit in 2019, waning by -X% against the previous year. In general, the import price, however, posted a pronounced increase. The growth pace was the most rapid in 2012 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per unit. From 2013 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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