Report Update Nov 1, 2024

Azerbaijan - Needles, Catheters, Cannulae for Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Needles And Catheters Market 2021

Needles And Catheters Market Size in Azerbaijan

In 2019, the Azerbaijani needles and catheters market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption saw a strong expansion. The pace of growth appeared the most rapid in 2013 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Needles And Catheters Exports

Exports from Azerbaijan

Needles and catheters exports from Azerbaijan surged to X units in 2019, picking up by X% on 2018 figures. Overall, exports recorded a significant increase. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, needles and catheters exports soared to $X in 2019. In general, exports saw a prominent increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey (X units) was the main destination for needles and catheters exports from Azerbaijan, accounting for a X% share of total exports. Moreover, needles and catheters exports to Turkey exceeded the volume sent to the second major destination, Georgia (X units), more than tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Turkey amounted to +X%.

In value terms, Turkey ($X) emerged as the key foreign market for needles and catheters exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was occupied by Georgia ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Turkey amounted to +X%.

Export Prices by Country

In 2019, the average needles and catheters export price amounted to $X per unit, which is down by -X% against the previous year. Over the period under review, the export price showed a sharp decrease. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. The export price peaked at $X per unit in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Georgia ($X per unit), while the average price for exports to Turkey amounted to $X per unit.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Georgia.

Needles And Catheters Imports

Imports into Azerbaijan

In 2019, after five years of decline, there was significant growth in supplies from abroad of needles, catheters, cannulae for medicine, when their volume increased by X% to X units. In general, imports recorded a moderate expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. As a result, imports reached the peak of X units. From 2014 to 2019, the growth imports failed to regain the momentum.

In value terms, needles and catheters imports soared to $X in 2019. Over the period under review, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2019 and are likely to continue growth in the immediate term.

Imports by Country

In 2019, China (X units) constituted the largest needles and catheters supplier to Azerbaijan, accounting for a X% share of total imports. Moreover, needles and catheters imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), sevenfold. The third position in this ranking was occupied by India (X units), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and India (+X% per year).

In value terms, China ($X), Malaysia ($X) and Turkey ($X) appeared to be the largest needles and catheters suppliers to Azerbaijan, with a combined X% share of total imports. These countries were followed by the U.S., Georgia, Thailand, India, Japan, South Korea, Taiwan (Chinese) and Ukraine, which together accounted for a further X Korea (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of 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 2019, the average needles and catheters import price amounted to $X per unit, picking up by X% against the previous year. In general, the import price enjoyed a prominent increase. The pace of growth was the most pronounced in 2016 an increase of X% y-o-y. The import price peaked in 2019 and is expected to retain growth in the immediate term.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for needles, catheters, cannulae for medicine in the world?

El Salvador constituted the country with the largest volume of needles and catheters consumption, accounting for 36% of total volume. Moreover, needles and catheters consumption in El Salvador exceeded the figures recorded by the second-largest consumer, French Polynesia, twofold. China ranked third in terms of total consumption with a 8.7% share.

What are the largest producers of needles, catheters, cannulae for medicine in the world?

China remains the largest needles and catheters producing country worldwide, comprising approx. 28% of total volume. Moreover, needles and catheters production in China exceeded the figures recorded by the second-largest producer, Slovakia, threefold. The U.S. ranked third in terms of total production with a 8.5% share.

What are the leading suppliers of needles, catheters, cannulae for medicine to Azerbaijan?

In value terms, the largest needles and catheters suppliers to Azerbaijan were China, Malaysia and Turkey, together comprising 52% of total imports. The U.S., Georgia, Thailand, India, Japan, South Korea, Taiwan Chinese) and Ukraine lagged somewhat behind, together accounting for a further 22%.

What are the leading importers of needles, catheters, cannulae for medicine from Azerbaijan?

In value terms, Turkey emerged as the key foreign market for needles and catheters exports from Azerbaijan, comprising 60% of total exports. The second position in the ranking was occupied by Georgia, with a 28% share of total exports.

What is the average export price for needles, catheters, cannulae for medicine in Azerbaijan?

In 2019, the average needles and catheters export price amounted to $1.2 per unit, dropping by -64.9% against the previous year.

What is the average import price for needles, catheters, cannulae for medicine in Azerbaijan?

The average needles and catheters import price stood at $2.5 per unit in 2019, surging by 32% against the previous year.

This report provides an in-depth analysis of the needles and catheters market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Prodcom 32501317 - Needles, catheters, cannulae and the like used in medical, s urgical, dental or veterinary sciences (excluding tubular metal needles and needles for sutures)

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023