Colombia: Needles And Catheters Market 2021

Needles And Catheters Market Size in Colombia

In 2019, the Colombian needles and catheters market increased by X% to $X, rising for the eighth year in a row after two years of decline. Overall, consumption, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, the market attained the maximum level in 2019 and is expected to retain growth in the immediate term.

Needles And Catheters Exports

Exports from Colombia

In 2019, overseas shipments of needles, catheters, cannulae for medicine increased by X% to X units, rising for the third consecutive year after two years of decline. In general, exports posted a prominent increase. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Over the period under review, exports attained the maximum in 2019 and are likely to see gradual growth in years to come.

In value terms, needles and catheters exports surged to $X in 2019. Over the period under review, exports saw perceptible growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, exports attained the maximum in 2019 and are likely to continue growth in the near future.

Exports by Country

Peru (X units), France (X units) and the U.S. (X units) were the main destinations of needles and catheters exports from Colombia, with a combined X% share of total exports. Ecuador, the Netherlands, Cuba and Costa Rica lagged somewhat behind, together comprising 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 the Netherlands (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), France ($X) and Peru ($X) constituted the largest markets for needles and catheters exported from Colombia worldwide, together accounting for X% of total exports. The Netherlands, Ecuador, Cuba and Costa Rica lagged somewhat behind, together accounting for a further X the main countries of destination, the Netherlands (+X% per year) saw 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, picking up by X% against the previous year. Over the period under review, the export price, however, saw a pronounced downturn. Over the period under review, average export prices reached the maximum at $X per unit in 2007; however, from 2008 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was the U.S. ($X per unit), while the average price for exports to Ecuador ($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 the U.S., while the prices for the other major destinations experienced a decline.

Needles And Catheters Imports

Imports into Colombia

After four years of growth, purchases abroad of needles, catheters, cannulae for medicine decreased by -X% to X units in 2019. Overall, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. Imports peaked at X units in 2018, and then declined in the following year.

In value terms, needles and catheters imports rose sharply to $X in 2019. In general, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked in 2019 and are expected to retain growth in the immediate term.

Imports by Country

In 2019, the U.S. (X units) constituted the largest needles and catheters supplier to Colombia, accounting for a X% share of total imports. Moreover, needles and catheters imports from the U.S. exceeded the figures recorded by the second-largest supplier, Malaysia (X units), more than tenfold. The third position in this ranking was occupied by Italy (X units), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Italy (+X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average needles and catheters import price stood at $X per unit in 2019, rising by X% against the previous year. In general, the import price showed a moderate expansion. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2019, import prices stood at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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