Ecuador: Needles And Catheters Market 2021

Needles And Catheters Market Size in Ecuador

In 2019, after two years of growth, there was significant decline in the Ecuadorian needles and catheters market, when its value decreased by -X% to $X. Overall, consumption, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2009 when the market value increased by X% y-o-y. Needles and catheters consumption peaked at $X in 2018, and then reduced markedly in the following year.

Needles And Catheters Exports

Exports from Ecuador

In 2019, needles and catheters exports from Ecuador skyrocketed to X units, rising by X% compared with the year before. Overall, exports, however, saw a sharp setback. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Exports peaked at X units in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, needles and catheters exports dropped significantly to $X in 2019. In general, exports, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. From 2017 to 2019, the growth exports failed to regain the momentum.

Exports by Country

Germany (X units), Canada (X units) and Luxembourg (X units) were the main destinations of needles and catheters exports from Ecuador, together accounting for X% of total exports. These countries were followed by Peru, India and Guatemala, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Peru, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for needles and catheters exported from Ecuador were Germany ($X), Canada ($X) and Luxembourg ($X), together comprising X% of total exports. Peru, India and Guatemala lagged somewhat behind, together comprising a further X (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average needles and catheters export price stood at $X per unit in 2019, falling by -X% against the previous year. Overall, the export price, however, posted a significant expansion. The most prominent rate of growth was recorded in 2009 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per unit in 2018, and then fell remarkably in the following year.

Average prices varied noticeably for the major overseas markets. In 2019, the countries with the highest prices were Guatemala ($X per unit) and India ($X per unit), while the average price for exports to Peru ($X per unit) and Luxembourg ($X per unit) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Needles And Catheters Imports

Imports into Ecuador

After two years of growth, purchases abroad of needles, catheters, cannulae for medicine decreased by -X% to X units in 2019. Over the period under review, imports, however, recorded a pronounced expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Imports peaked at X units in 2018, and then declined rapidly in the following year.

In value terms, needles and catheters imports declined remarkably to $X in 2019. In general, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2018, and then contracted significantly in the following year.

Imports by Country

In 2019, China (X units) constituted the largest needles and catheters supplier to Ecuador, with a X% share of total imports. Moreover, needles and catheters imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), fourfold. The third position in this ranking was occupied by Indonesia (X units), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Indonesia (+X% per year).

In value terms, the largest needles and catheters suppliers to Ecuador were the U.S. ($X), China ($X) and Germany ($X), with a combined X% share of total imports. These countries were followed by Malaysia, Indonesia, Colombia, India, Japan, Brazil and the UK, which together accounted for a further X the main suppliers, the UK (+X% per year) saw 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 average needles and catheters import price stood at $X per unit in 2019, with a decrease of -X% against the previous year. Over the period under review, the import price, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2009 when the average import price increased by X% year-to-year. The import price peaked at $X per unit in 2012; however, from 2013 to 2019, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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