Egypt: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Egypt

In 2021, the Egyptian needles, catheters, cannulae market decreased by -48.9% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption saw a noticeable downturn. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Needles, Catheters, Cannulae Exports

Exports from Egypt

In 2021, overseas shipments of needles, catheters, cannulae were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2017 with an increase of 113% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, needles, catheters, cannulae exports totaled $X in 2021. Overall, exports, however, continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 61% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Iraq (X units), Pakistan (X units) and Brazil (X units) were the main destinations of needles, catheters, cannulae exports from Egypt, together accounting for 59% of total exports. Sudan, Italy, the UK, Paraguay, Jordan, Niger, Tunisia, Saudi Arabia and Germany lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Niger (with a CAGR of +502.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for needles, catheters, cannulae exported from Egypt were Pakistan ($X), Italy ($X) and the UK ($X), together comprising 32% of total exports. These countries were followed by Tunisia, Iraq, Sudan, Brazil, Saudi Arabia, Paraguay, Germany, Niger and Jordan, which together accounted for a further 26%.

Niger, with a CAGR of +209.2%, saw the highest rates of growth with regard to the value of exports, among 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, catheters, cannulae export price stood at $X per unit in 2021, growing by 11% against the previous year. In general, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, needles, catheters, cannulae export price increased by +79.5% against 2017 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 34% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Iraq (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+43.7%), while the prices for the other major destinations experienced more modest paces of growth.

Needles, Catheters, Cannulae Imports

Imports into Egypt

In 2021, purchases abroad of needles, catheters, cannulae decreased by -36.6% to X units, falling for the second year in a row after three years of growth. In general, imports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 79% against the previous year. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, needles, catheters, cannulae imports contracted notably to $X in 2021. Overall, imports continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2018 with an increase of 104% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), India (X units) and Thailand (X units) were the main suppliers of needles, catheters, cannulae imports to Egypt, together comprising 85% of total imports. Spain, the United States, South Korea, Italy, Taiwan (Chinese) and Germany lagged somewhat behind, together comprising a further 11%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +24.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest needles, catheters, cannulae suppliers to Egypt were China ($X), the United States ($X) and India ($X), with a combined 48% share of total imports. These countries were followed by Thailand, Germany, Spain, Italy, Taiwan (Chinese) and South Korea, which together accounted for a further 16%.

Spain, with a CAGR of +7.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average needles, catheters, cannulae import price stood at $X per unit in 2021, which is down by -22.5% against the previous year. Over the period under review, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in 2013 an increase of 31% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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