Czech Republic: Syringe Market 2024

Syringe Market Size in the Czech Republic

The Czech syringe market was estimated at $X in 2022, increasing by 12% 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). Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Syringe Exports

Exports from the Czech Republic

After two years of growth, overseas shipments of syringes, with or without needles decreased by -18.2% to X units in 2022. Overall, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of 66%. The exports peaked at X units in 2021, and then plummeted in the following year.

In value terms, syringe exports skyrocketed to $X in 2022. In general, exports, however, posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for syringe exports from the Czech Republic, accounting for a 76% share of total exports. Moreover, syringe exports to Germany exceeded the volume sent to the second major destination, Denmark (X units), sixfold. The third position in this ranking was held by France (X units), with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+525.2% per year) and France (+110.3% per year).

In value terms, Germany ($X) remains the key foreign market for syringes, with or without needles exports from the Czech Republic, comprising 55% of total exports. The second position in the ranking was taken by Denmark ($X), with a 23% share of total exports. It was followed by France, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +27.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+623.3% per year) and France (+122.6% per year).

Export Prices by Country

In 2022, the average syringe export price amounted to $X per unit, surging by 357% against the previous year. Over the period under review, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Germany ($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 Cuba (+806.2%), while the prices for the other major destinations experienced more modest paces of growth.

Syringe Imports

Imports into the Czech Republic

Syringe imports into the Czech Republic expanded significantly to X units in 2022, with an increase of 12% on 2021. The total import volume increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of 34%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, syringe imports shrank to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), Slovakia (X units) and Spain (X units) were the main suppliers of syringe imports to the Czech Republic, together comprising 55% of total imports. Poland, China, the Netherlands, Switzerland, Belgium, the United States and Italy lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +74.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of syringes, with or without needles to the Czech Republic, comprising 28% of total imports. The second position in the ranking was taken by the United States ($X), with a 14% share of total imports. It was followed by China, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.0% per year) and China (-3.8% per year).

Import Prices by Country

The average syringe import price stood at $X per unit in 2022, falling by -17.7% against the previous year. Over the period under review, the import price continues to indicate a perceptible setback. The growth pace was the most rapid in 2021 an increase of 54% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Spain (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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