CIS: Tubular Metal Needle Market 2020

Tubular Metal Needle Market Size in CIS

The revenue of the tubular metal needle market in CIS amounted to $X in 2017, going down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The tubular metal needle consumption continues to indicate a prominent growth. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. Over the period under review, the tubular metal needle market reached its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Tubular Metal Needle Exports in CIS

In 2017, exports of tubular metal needles for medicine in CIS totaled X units, jumping by X% against the previous year. The tubular metal needle exports continue to indicate a measured increase. The pace of growth appeared the most rapid in 2016, when exports increased by X% against the previous year. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, tubular metal needle exports stood at $X in 2017. The total exports indicated a strong expansion from 2007 to 2017: its value increased 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 tubular metal needle exports increased by +X% against 2013 indices. The level of exports peaked in 2017, and are expected to retain its growth in the immediate term.

Tubular Metal Needle Export Prices by Country in CIS

In 2017, the tubular metal needle export price in CIS amounted to $X per unit, increasing by X% against the previous year. The export price indicated a slight growth from 2007 to 2017: its price increased 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 tubular metal needle export price increased by +X% against 2014 indices. The growth pace was the most rapid in 2010, an increase of X% against the previous year. In that year, the export prices for tubular metal needles for medicine reached their peak level of $X per unit. From 2011 to 2017, growth of the export prices for tubular metal needles for medicine failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Kazakhstan ($X per unit), while Belarus ($X per unit) was amongst the lowest.

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

Tubular Metal Needle Imports in CIS

In 2017, approx. X units of tubular metal needles for medicine were imported in CIS; coming up by X% against the previous year. The tubular metal needle imports continue to indicate a strong growth. The pace of growth appeared the most rapid in 2008, with an increase of X% year-to-year. Over the period under review, the tubular metal needle imports reached its maximum volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, tubular metal needle imports stood at $X in 2017. The tubular metal needle imports continue to indicate a prominent expansion. Over the period under review, the tubular metal needle imports reached its peak figure level in 2017, and are likely to continue its growth in the immediate term.

Tubular Metal Needle Imports by Country in CIS

In 2017, Russia (X units) represented the largest importer for tubular metal needles for medicine, comprising X% of total imports. Belarus (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by Kazakhstan (X%).

Imports into Russia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Belarus (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Kazakhstan, Belarus and Russia decreased by -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Tubular Metal Needle Import Prices by Country in CIS

In 2017, the tubular metal needle import price in CIS amounted to $X per unit, going up by X% against the previous year. The tubular metal needle import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, when it surged by X% y-o-y. The level of import price peaked of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

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

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

Source: IndexBox Platform