Chile: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Chile

In 2021, the Chilean needles, catheters, cannulae market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in years to come.

Needles, Catheters, Cannulae Exports

Exports from Chile

In 2021, approx. X units of needles, catheters, cannulae were exported from Chile; with a decrease of -60% compared with the previous year's figure. Over the period under review, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of 521%. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, needles, catheters, cannulae exports reduced rapidly to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 315%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Italy (X units) was the main destination for needles, catheters, cannulae exports from Chile, with a 35% share of total exports. Moreover, needles, catheters, cannulae exports to Italy exceeded the volume sent to the second major destination, Argentina (X units), twofold. The United States (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy totaled +1,438.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+42.3% per year) and the United States (-22.4% per year).

In value terms, Italy ($X) emerged as the key foreign market for needles, catheters, cannulae exports from Chile, comprising 34% of total exports. The second position in the ranking was taken by Argentina ($X), with a 14% share of total exports. It was followed by the United States, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Italy amounted to +1,912.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+53.6% per year) and the United States (-16.1% per year).

Export Prices by Country

The average needles, catheters, cannulae export price stood at $X per unit in 2021, rising by 51% against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2015 an increase of 81%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Mexico ($X per unit) and the United States ($X per unit), while the average price for exports to Peru ($X per unit) and Bolivia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.

Needles, Catheters, Cannulae Imports

Imports into Chile

In 2021, approx. X units of needles, catheters, cannulae were imported into Chile; with an increase of 10% against the previous year's figure. In general, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2016 when imports increased by 105%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, needles, catheters, cannulae imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of 36%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest needles, catheters, cannulae supplier to Chile, with a 43% share of total imports. Moreover, needles, catheters, cannulae imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Germany (X units) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +6.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.1% per year) and Germany (+11.9% per year).

In value terms, the United States ($X), China ($X) and Germany ($X) were the largest needles, catheters, cannulae suppliers to Chile, with a combined 55% share of total imports. These countries were followed by Japan, Brazil, Austria, Italy and Belgium, which together accounted for a further 6.3%.

Austria, with a CAGR of +62.5%, saw 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

The average needles, catheters, cannulae import price stood at $X per unit in 2021, rising by 13% against the previous year. Overall, the import price, however, saw a perceptible reduction. The growth pace was the most rapid in 2014 when the average import price increased by 50%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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