Eastern Asia: Tubular Metal Needle Market 2020

Tubular Metal Needle Market Size in Eastern Asia

The revenue of the tubular metal needle market in Eastern Asia amounted to $X in 2017, remaining stable against the previous year. The total market indicated a moderate growth 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 consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2010, when market value increased by X% against the previous year. The level of tubular metal needle consumption peaked of $X in 2016, leveling off in the following year.

Tubular Metal Needle Production in Eastern Asia

In 2017, production of tubular metal needles for medicine in Eastern Asia amounted to X units, approximately equating the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the tubular metal needle production attained its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Tubular Metal Needle Exports in Eastern Asia

In 2017, approx. X units of tubular metal needles for medicine were exported in Eastern Asia; jumping by X% against the previous year. The total exports indicated a prominent expansion from 2007 to 2017: its volume 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 decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2008, when it surged by X% against the previous year. Over the period under review, the tubular metal needle exports attained its peak figure volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, tubular metal needle exports stood at $X in 2017. The total exports indicated a remarkable growth 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 2007 indices. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Tubular Metal Needle Exports by Country in Eastern Asia

China was the largest exporting country with an export of about X units, which resulted at X% of total exports. Japan (X units) occupied the second position in the ranking, distantly followed by South Korea (X units). All these countries together held approx. X% share of total exports.

China was also the fastest growing in terms of the tubular metal needles for medicine exports, with a CAGR of +X% from 2007 to 2017. At the same time, South Korea (+X%) displayed positive paces of growth. By contrast, Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Japan increased by X% percentage points, while China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and South Korea ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports.

South Korea (+X% per year) recorded the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Tubular Metal Needle Export Prices by Country in Eastern Asia

The tubular metal needle export price in Eastern Asia stood at $X per unit in 2017, shrinking by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2010, when the export prices increased by X% y-o-y. Over the period under review, the export prices for tubular metal needles for medicine attained its maximum level of $X per unit in 2016, and then declined slightly in the following year.

Export prices varied noticeably by the country of destination; the country with the highest export price was South Korea ($X per unit), while China ($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 South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

Tubular Metal Needle Imports in Eastern Asia

The imports stood at X units in 2017, declining by -X% against the previous year. The tubular metal needle imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014, with an increase of X% against the previous year. The volume of imports peaked of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, tubular metal needle imports stood at $X in 2017. The total imports indicated a remarkable increase 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 imports increased by +X% against 2013 indices. The level of imports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Tubular Metal Needle Imports by Country in Eastern Asia

Japan (X units) and China (X units) were the main importers of tubular metal needles for medicine in 2017, amounting to near X% and X% of total imports, respectively. It was distantly followed by South Korea (X units), mixed up X% share of total imports. The following importers - Taiwan, Chinese (X units) and China, Hong Kong SAR (X units) each recorded a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

Among the main importing countries , China (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Tubular Metal Needle Import Prices by Country in Eastern Asia

The tubular metal needle import price in Eastern Asia stood at $X per unit in 2017, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017, when the import prices increased by X% year-to-year. In that year, the import prices for tubular metal needles for medicine reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was China ($X per unit), while China, Hong Kong SAR ($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 China (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform