Eastern Europe: Needles And Catheters Market 2021

Needles And Catheters Market Size in Eastern Europe

The East European needles and catheters market skyrocketed to $X in 2019, with an increase of X% against the previous year. The total consumption indicated buoyant growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2014 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Needles And Catheters Production in Eastern Europe

In value terms, needles and catheters production skyrocketed to $X in 2019 estimated in export prices. In general, production showed a mild descent. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2010; however, from 2011 to 2019, production stood at a somewhat lower figure.

Production By Country in Eastern Europe

Slovakia (X units) remains the largest needles and catheters producing country in Eastern Europe, accounting for X% of total volume. Moreover, needles and catheters production in Slovakia exceeded the figures recorded by the second-largest producer, Poland (X units), sevenfold.

From 2007 to 2019, the average annual growth rate of volume in Slovakia amounted to +X%. The remaining producing countries recorded the following average annual rates of production growth: Poland (-X% per year) and Belarus (-X% per year).

Needles And Catheters Exports

Exports in Eastern Europe

In 2019, shipments abroad of needles, catheters, cannulae for medicine decreased by -X% to X units, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt contraction. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. The volume of export peaked at X units in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

In value terms, needles and catheters exports reached $X in 2019. Over the period under review, exports posted a strong increase. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. The level of export peaked in 2019 and is likely to continue growth in the immediate term.

Exports by Country

Poland (X units) and Slovakia (X units) prevails in needles and catheters exports structure, together committing X% of total exports. It was distantly followed by the Czech Republic (X units), committing a X% share of total exports. Hungary (X units) and Belarus (X units) occupied a relatively small share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Poland, while exports for the other leaders experienced a decline in the exports figures.

In value terms, Hungary ($X), Poland ($X) and the Czech Republic ($X) were the countries with the highest levels of exports in 2019, with a combined X% share of total exports.

Among the main exporting countries, Hungary 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 needles and catheters export price in Eastern Europe stood at $X per unit in 2019, rising by X% against the previous year. Overall, the export price showed resilient growth. The growth pace was the most rapid in 2009 an increase of X% against the previous year. Over the period under review, export prices hit record highs in 2019 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Hungary ($X per unit), while Slovakia ($X per unit) was amongst the lowest.

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

Needles And Catheters Imports

Imports in Eastern Europe

Needles and catheters imports skyrocketed to X units in 2019, picking up by X% compared with 2018 figures. Overall, imports saw prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, needles and catheters imports reached $X in 2019. Over the period under review, imports showed a buoyant expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, imports hit record highs in 2019 and are likely to see steady growth in the immediate term.

Imports by Country

In 2019, Latvia (X units) represented the largest importer of needles, catheters, cannulae for medicine, mixing up X% of total imports. The Czech Republic (X units) ranks second in terms of the total imports with a X% share, followed by Russia (X%) and Hungary (X%). Slovakia (X units) and Romania (X units) followed a long way behind the leaders.

Latvia was also the fastest-growing in terms of the needles, catheters, cannulae for medicine imports, with a CAGR of +X% from 2007 to 2019. At the same time, Russia (+X%) and the Czech Republic (+X%) displayed positive paces of growth. By contrast, Slovakia (-X%), Hungary (-X%) and Romania (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Latvia and Russia increased by +X% and +X% percentage points, while Slovakia (-X p.p.), Romania (-X p.p.), Hungary (-X p.p.) and the Czech Republic (-X p.p.) saw their share reduced.

In value terms, Russia ($X), the Czech Republic ($X) and Hungary ($X) were the countries with the highest levels of imports in 2019, with a combined X% share of total imports.

Hungary saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the needles and catheters import price in Eastern Europe amounted to $X per unit, with a decrease of -X% against the previous year. Import price indicated a slight expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, needles and catheters import price decreased by -X% against 2016 indices. The growth pace was the most rapid in 2014 when the import price increased by X% year-to-year. Over the period under review, import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Slovakia ($X per unit), while Latvia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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