Report Update Nov 1, 2024

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

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Bulgaria: Needles And Catheters Market 2021

Needles And Catheters Market Size in Bulgaria

In 2019, the Bulgarian needles and catheters market was finally on the rise to reach $X for the first time since 2016, thus ending a two-year declining trend. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the market attained the peak level at $X in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.

Needles And Catheters Exports

Exports from Bulgaria

In 2019, after two years of growth, there was significant decline in shipments abroad of needles, catheters, cannulae for medicine, when their volume decreased by -X% to X units. Over the period under review, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, exports reached the peak figure at X units in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, needles and catheters exports shrank rapidly to $X in 2019. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2010; however, from 2011 to 2019, exports remained at a lower figure.

Exports by Country

Moldova (X units) was the main destination for needles and catheters exports from Bulgaria, with a approx. X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Moldova totaled +X%.

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

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

Export Prices by Country

The average needles and catheters export price stood at $X per unit in 2019, picking up by X% against the previous year. Over the period under review, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. The export price peaked at $X per unit in 2015; however, from 2016 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 Moldova.

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

Needles And Catheters Imports

Imports into Bulgaria

In 2019, after two years of decline, there was growth in overseas purchases of needles, catheters, cannulae for medicine, when their volume increased by X% to X units. Overall, imports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X units in 2008; however, from 2009 to 2019, imports remained at a lower figure.

In value terms, needles and catheters imports rose markedly to $X in 2019. Over the period under review, total imports indicated perceptible 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, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, China (X units) constituted the largest needles and catheters supplier to Bulgaria, with a X% share of total imports. Moreover, needles and catheters imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fourfold.

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

In value terms, China ($X) constituted the largest supplier of needles and catheters to Bulgaria, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from China totaled +X%.

Import Prices by Country

The average needles and catheters import price stood at $X per unit in 2019, with an increase of X% against the previous year. Overall, the import price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2009 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs in 2019 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was India ($X per unit), while the price for China totaled $X per unit.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of needles and catheters consumption was El Salvador, 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 third position in this ranking was occupied by the U.S., with a 8.5% share.

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

In value terms, China constituted the largest supplier of needles and catheters to Bulgaria, comprising 8% of total imports. The second position in the ranking was occupied by India, with a 2.2% share of total imports.

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

In value terms, Moldova remains the key foreign market for needles and catheters exports from Bulgaria.

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

In 2019, the average needles and catheters export price amounted to $3.7 per unit, picking up by 35% against the previous year.

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

The average needles and catheters import price stood at $1.7 per unit in 2019, increasing by 4.7% against the previous year.

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

Bulgaria

Data coverage:

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