Eastern Europe: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Eastern Europe

In 2021, the East European needles, catheters, cannulae market decreased by -0.1% to $X for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020, and then fell slightly in the following year.

Needles, Catheters, Cannulae Production in Eastern Europe

In value terms, needles, catheters, cannulae production amounted to $X in 2021 estimated in export price. The total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +90.2% against 2012 indices. The most prominent rate of growth was recorded in 2017 with an increase of 18%. Over the period under review, production hit record highs in 2021 and is expected to retain growth in years to come.

Needles, Catheters, Cannulae Exports

Exports in Eastern Europe

For the tenth consecutive year, Eastern Europe recorded growth in shipments abroad of needles, catheters, cannulae, which increased by 0.2% to X units in 2021. Total exports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +8.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +109.3% against 2012 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 17%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, needles, catheters, cannulae exports expanded remarkably to $X in 2021. Overall, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 21%. The level of export peaked in 2021 and is likely to continue growth in the near future.

Exports by Country

Hungary (X units) and Poland (X units) represented the main exporters of needles, catheters, cannulae in 2021, resulting at near 35% and 30% of total exports, respectively. Slovakia (X units) held the next position in the ranking, distantly followed by the Czech Republic (X units) and Belarus (X units). All these countries together took near 32% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Hungary (with a CAGR of +13.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest needles, catheters, cannulae supplying countries in Eastern Europe were Hungary ($X), Poland ($X) and the Czech Republic ($X), with a combined 81% share of total exports.

In terms of the main exporting countries, Hungary, with a CAGR of +19.0%, recorded the highest rates of growth with regard to 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

In 2021, the export price in Eastern Europe amounted to $X per unit, picking up by 9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2017 an increase of 12% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+4.6%), while the other leaders experienced more modest paces of growth.

Needles, Catheters, Cannulae Imports

Imports in Eastern Europe

In 2021, the amount of needles, catheters, cannulae imported in Eastern Europe stood at X units, growing by 3.8% on the year before. Total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +7.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.5% against 2012 indices. The growth pace was the most rapid in 2014 with an increase of 15%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, needles, catheters, cannulae imports rose rapidly to $X in 2021. Total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +58.1% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of 14%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Hungary (X units), distantly followed by Poland (X units), Russia (X units), the Czech Republic (X units) and Slovakia (X units) were the main importers of needles, catheters, cannulae, together comprising 82% of total imports. The following importers - Romania (X units) and Ukraine (X units) - each amounted to an 8.1% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +24.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest needles, catheters, cannulae importing markets in Eastern Europe were Poland ($X), Russia ($X) and Hungary ($X), together accounting for 61% of total imports.

In terms of the main importing countries, Hungary, with a CAGR of +18.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2021, with an increase of 5.4% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by 12% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+6.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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