CIS: Suturing Needle Market 2020

Suturing Needle Market Size in CIS

The revenue of the suturing needle market in CIS amounted to $X in 2017, increasing by X% against the previous year. The suturing needle consumption continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017, when market value increased by X% year-to-year. In that year, the suturing needle market attained their peak level, and is likely to continue its growth in the immediate term.

Suturing Needle Production in CIS

In 2017, suturing needle production in CIS amounted to X units, lowering by -X% against the previous year. The suturing needle production continues to indicate a pronounced decrease. The growth pace was the most rapid in 2015, with an increase of X% against the previous year. Over the period under review, the suturing needle production reached its peak figure volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Suturing Needle Exports in CIS

The exports totaled X units in 2017, coming down by -X% against the previous year. The suturing needle exports continue to indicate a deep reduction. The growth pace was the most rapid in 2016, with an increase of X% y-o-y. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, suturing needle exports amounted to $X in 2017. The suturing needle exports continue to indicate a drastic descent. The level of exports peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Suturing Needle Exports by Country in CIS

Belarus (X units) and Russia (X units) prevails in suturing needle exports structure, together generating X% of total exports. Moldova (X units) occupied the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Moldova (+X% per year), while the other leaders experienced a decline in the exports figures.

In value terms, Russia ($X) remains the largest suturing needle supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports. It was followed by Moldova, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Russia amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (-X% per year) and Moldova (+X% per year).

Suturing Needle Export Prices by Country in CIS

In 2017, the suturing needle export price in CIS amounted to $X per thousand units, increasing by X% against the previous year. The suturing needle export price continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2017, an increase of X% y-o-y. In that year, the export prices for needles for sutures for medicine reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Russia ($X per thousand units), while Belarus ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Russia (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Suturing Needle Imports in CIS

In 2017, imports of needles for sutures for medicine in CIS amounted to X units, reducing by -X% against the previous year. The suturing needle imports continue to indicate a deep decline. The pace of growth was the most pronounced in 2014, when imports increased by X% against the previous year. In that year, the suturing needle imports attained their peak volume of X units. From 2015 to 2017, growth of the suturing needle imports failed to regain its momentum.

In value terms, suturing needle imports totaled $X in 2017. The total imports indicated a noticeable expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the suturing needle imports increased by +X% against 2015 indices. Over the period under review, the suturing needle imports attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Suturing Needle Imports by Country in CIS

Russia represented the main importer of needles for sutures for medicine in CIS, with the volume of imports resulting at X units, which was approx. X% of total imports in 2017. Kazakhstan (X units) ranks second in terms of the global imports with a X% share, followed by Belarus (X%). Armenia (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to suturing needle imports into Russia stood at -X%. Armenia experienced a relatively flat trend pattern. Kazakhstan (-X%) and Belarus (-X%) illustrated a downward trend over the same period. While the share of Russia (X%), Belarus (X%) and Kazakhstan (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported needles for sutures for medicine in CIS, making up X% of global imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of global imports. It was followed by Belarus, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Russia totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+X% per year) and Belarus (+X% per year).

Suturing Needle Import Prices by Country in CIS

In 2017, the suturing needle import price in CIS amounted to $X per thousand units, rising by X% against the previous year. The suturing needle import price continues to indicate a prominent growth. The pace of growth was the most pronounced in 2017, when the import prices increased by X% against the previous year. In that year, the import prices for needles for sutures for medicine attained their peak level, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Belarus ($X per unit), while Armenia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Belarus (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform