China: Needles And Catheters Market 2021

Needles And Catheters Market Size in China

The Chinese needles and catheters market was estimated at $X in 2019, leveling off at the previous year. Overall, the total consumption indicated a slight expansion from 2007 to 2019: its value increased 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, consumption increased by +X% against 2011 indices. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Needles and catheters consumption peaked in 2019 and is expected to retain growth in years to come.

Needles And Catheters Production in China

In value terms, needles and catheters production amounted to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs at $X in 2017; afterwards, it flattened through to 2019.

Needles And Catheters Exports

Exports from China

In 2019, after two years of growth, there was decline in shipments abroad of needles, catheters, cannulae for medicine, when their volume decreased by X% to X units. In general, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X units in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

In value terms, needles and catheters exports totaled $X in 2019. Overall, exports, however, saw a prominent increase. The growth pace was the most rapid in 2008 when exports increased by X% against the previous year. Exports peaked in 2019 and are likely to see steady growth in the near future.

Exports by Country

India (X units), the U.S. (X units) and Japan (X units) were the main destinations of needles and catheters exports from China, together comprising X% of total exports. Brazil, Hong Kong SAR, Malaysia, Colombia, the Netherlands, Taiwan (Chinese), Germany, South Korea and Turkey lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia, while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and Hong Kong SAR ($X) appeared to be the largest markets for needles and catheters exported from China worldwide, together accounting for X% of total exports. The Netherlands, Germany, South Korea, Brazil, Turkey, India, Malaysia, Colombia and Taiwan (Chinese) lagged somewhat behind, together comprising a further X terms of the main countries of destination, Malaysia recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average needles and catheters export price stood at $X per unit in 2019, remaining stable against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs in 2019 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the average price for exports to India ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Brazil, while the prices for the other major destinations experienced more modest paces of growth.

Needles And Catheters Imports

Imports into China

In 2019, approx. X units of needles, catheters, cannulae for medicine were imported into China; with a decrease of -X% on the previous year. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2008 when imports increased by X% year-to-year. Imports peaked at X units in 2018, and then declined slightly in the following year.

In value terms, needles and catheters imports reached $X in 2019. In general, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2019 and are expected to retain growth in the near future.

Imports by Country

The U.S. (X units), Italy (X units) and Japan (X units) were the main suppliers of needles and catheters imports to China, with a combined X% share of total imports. The UK, Austria, Thailand and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (+X% per year), while imports for the other leaders experienced more modest paces of growth.

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

From 2007 to 2019, the average annual growth rate of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Thailand (+X% per year).

Import Prices by Country

In 2019, the average needles and catheters import price amounted to $X per unit, with an increase of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2009 an increase of X% y-o-y. As a result, import price attained the peak level of $X per unit. From 2010 to 2019, the growth in terms of the average import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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