Cuba - Syringes, With or Without Needles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCuba: Syringe Market 2024
Syringe Exports
Exports from Cuba
In 2022, the amount of syringes, with or without needles exported from Cuba contracted to X units, declining by -5.6% compared with 2021 figures. Overall, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 132%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.
In value terms, syringe exports declined to $X in 2022. In general, exports showed a sharp setback. The most prominent rate of growth was recorded in 2013 with an increase of 42% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.
Exports by Country
Saint Lucia (X units), Jamaica (X units) and Bolivia (X units) were the main destinations of syringe exports from Cuba, together accounting for 100% of total exports.
From 2012 to 2022, the biggest increases were recorded for Jamaica (with a CAGR of -19.3%), while shipments for the other leaders experienced a decline.
In value terms, Jamaica ($X) remains the key foreign market for syringes, with or without needles exports from Cuba, comprising 71% of total exports. The second position in the ranking was taken by Saint Lucia ($X), with a 28% share of total exports. It was followed by Angola, with a 0.4% share.
From 2012 to 2022, the average annual growth rate of value to Jamaica totaled -14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saint Lucia (-40.2% per year) and Angola (-62.3% per year).
Export Prices by Country
The average syringe export price stood at $X per unit in 2022, approximately mirroring the previous year. Overall, the export price, however, saw a prominent increase. The pace of growth appeared the most rapid in 2017 an increase of 73% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per unit), while the average price for exports to Bolivia (less than $X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.
Syringe Imports
Imports into Cuba
Syringe imports into Cuba stood at X units in 2022, surging by 2.6% compared with the year before. Overall, imports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of 34% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.
In value terms, syringe imports amounted to $X in 2022. In general, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of 43%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2022, China (X units) constituted the largest supplier of syringe to Cuba, accounting for a 51% share of total imports. Moreover, syringe imports from China exceeded the figures recorded by the second-largest supplier, Colombia (X units), fourfold. Italy (X units) ranked third in terms of total imports with a 5.7% share.
From 2012 to 2022, the average annual growth rate of volume from China stood at -13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+41.5% per year) and Italy (+35.8% per year).
In value terms, China ($X) constituted the largest supplier of syringes, with or without needles to Cuba, comprising 37% of total imports. The second position in the ranking was held by Colombia ($X), with a 12% share of total imports. It was followed by Spain, with an 8.5% share.
From 2012 to 2022, the average annual growth rate of value from China amounted to -9.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (+31.2% per year) and Spain (-5.5% per year).
Import Prices by Country
In 2022, the average syringe import price amounted to $X per thousand units, with a decrease of -1.9% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, syringe import price decreased by -5.7% against 2019 indices. The growth pace was the most rapid in 2018 when the average import price increased by 36%. The import price peaked at $X per thousand units in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per thousand units), while the price for Brazil ($X per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the syringe market in Cuba. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32501311 - Syringes, with or without needles, used in medical, surgical, d ental or veterinary sciences
Country coverage:
- Cuba
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cuba
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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