Report Update Nov 1, 2024

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

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Bangladesh: Needles And Catheters Market 2021

Needles And Catheters Market Size in Bangladesh

For the thirteenth year in a row, the Bangladeshi needles and catheters market recorded growth in sales value, which increased by X% to $X in 2019. In general, consumption continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level in 2019 and is likely to continue growth in years to come.

Needles And Catheters Production in Bangladesh

In value terms, needles and catheters production dropped slightly to $X in 2019 estimated in export prices. Overall, the total production indicated a mild increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2019, production stood at a somewhat lower figure.

Needles And Catheters Exports

Exports from Bangladesh

In 2019, the amount of needles, catheters, cannulae for medicine exported from Bangladesh soared to X units, picking up by X% on the year before. Overall, exports saw a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Exports peaked in 2019 and are expected to retain growth in the immediate term.

In value terms, needles and catheters exports skyrocketed to $X in 2019. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Exports peaked in 2019 and are likely to see steady growth in the near future.

Exports by Country

South Africa (X units) was the main destination for needles and catheters exports from Bangladesh, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to South Africa amounted to +X%.

In value terms, South Africa ($X) also remains the key foreign market for needles and catheters exports from Bangladesh.

From 2007 to 2019, the average annual rate of growth in terms of value to South Africa stood at -X%.

Export Prices by Country

The average needles and catheters export price stood at $X per unit in 2019, which is down by -X% against the previous year. Overall, the export price, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2007 to 2019, the rate of growth in terms of prices for South Africa amounted to -X% per year.

Needles And Catheters Imports

Imports into Bangladesh

In 2019, approx. X units of needles, catheters, cannulae for medicine were imported into Bangladesh; rising by X% against 2018. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% y-o-y. As a result, imports attained the peak of X units. From 2015 to 2019, the growth imports remained at a somewhat lower figure.

In value terms, needles and catheters imports rose rapidly to $X in 2019. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, imports reached the maximum in 2019 and are likely to see steady growth in the immediate term.

Imports by Country

In 2019, India (X units) constituted the largest needles and catheters supplier to Bangladesh, accounting for a X% share of total imports. Moreover, needles and catheters imports from India exceeded the figures recorded by the second-largest supplier, Malaysia (X units), threefold.

From 2007 to 2019, the average annual growth rate of volume from India amounted to +X%.

In value terms, the largest needles and catheters suppliers to Bangladesh were India ($X) and Malaysia ($X), together accounting for X% of total imports.

Malaysia recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average needles and catheters import price stood at $X per unit in 2019, declining by -X% against the previous year. In general, the import price faced a dramatic slump. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The import price peaked at $X per unit in 2007; however, from 2008 to 2019, import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Malaysia.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

El Salvador remains the largest needles and catheters consuming country worldwide, 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. The third position in this ranking was occupied by China, 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 Bangladesh?

In value terms, India and Malaysia appeared to be the largest needles and catheters suppliers to Bangladesh, together comprising 33% of total imports.

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

In value terms, South Africa $43) remains the key foreign market for needles and catheters exports from Bangladesh.

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

In 2019, the average needles and catheters export price amounted to $1.2 per unit, declining by -40.5% against the previous year.

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

The average needles and catheters import price stood at $0.5 per unit in 2019, reducing by -16.2% against the previous year.

This report provides an in-depth analysis of the needles and catheters market in Bangladesh. 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:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
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