Austria: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Austria

The Austrian needles, catheters, cannulae market surged to $X in 2021, jumping by 455% against the previous year. In general, consumption enjoyed a prominent increase. Needles, catheters, cannulae consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Needles, Catheters, Cannulae Production in Austria

In value terms, needles, catheters, cannulae production soared to $X in 2021 estimated in export price. In general, production enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of 111%. Needles, catheters, cannulae production peaked in 2021 and is likely to continue growth in the immediate term.

Needles, Catheters, Cannulae Exports

Exports from Austria

In 2021, shipments abroad of needles, catheters, cannulae increased by 27% to X units, rising for the seventh consecutive year after two years of decline. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 107%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, needles, catheters, cannulae exports fell to $X in 2021. In general, exports showed resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 112%. As a result, the exports attained the peak of $X, and then fell in the following year.

Exports by Country

Hungary (X units), the United States (X units) and the UK (X units) were the main destinations of needles, catheters, cannulae exports from Austria, with a combined 51% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +61.3%), while the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), the United States ($X) and the UK ($X) appeared to be the largest markets for needles, catheters, cannulae exported from Austria worldwide, together comprising 54% of total exports.

Hungary, with a CAGR of +54.8%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average needles, catheters, cannulae export price amounted to $X per unit, with a decrease of -27.6% against the previous year. Overall, the export price showed a noticeable descent. The most prominent rate of growth was recorded in 2016 an increase of 9.6% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Poland ($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 the United States (+1.3%), while the prices for the other major destinations experienced a decline.

Needles, Catheters, Cannulae Imports

Imports into Austria

In 2021, approx. X units of needles, catheters, cannulae were imported into Austria; jumping by 28% against the previous year. Over the period under review, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2015 when imports increased by 51%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, needles, catheters, cannulae imports expanded remarkably to $X in 2021. Overall, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +114.1% against 2012 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 23% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

In 2021, Hungary (X units) constituted the largest needles, catheters, cannulae supplier to Austria, with a 52% share of total imports. Moreover, needles, catheters, cannulae imports from Hungary exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Thailand (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Hungary stood at +77.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+15.7% per year) and Thailand (+39.2% per year).

In value terms, Germany ($X), Hungary ($X) and the Netherlands ($X) constituted the largest needles, catheters, cannulae suppliers to Austria, together accounting for 68% of total imports.

Hungary, with a CAGR of +78.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average needles, catheters, cannulae import price amounted to $X per unit, dropping by -12.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2017 an increase of 7.9%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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