Estonia: Needle And Catheter Market 2020

Needle And Catheter Market Size in Estonia

The revenue of the needle and catheter market in Estonia amounted to $X in 2018, jumping by X% against the previous year. Overall, needle and catheter consumption continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2010 when the market value increased by X% y-o-y. Over the period under review, the needle and catheter market attained its peak figure level in 2018 and is likely to continue its growth in the immediate term.

Needle And Catheter Production in Estonia

In value terms, needle and catheter production totaled $X in 2018 estimated in export prices. Overall, needle and catheter production continues to indicate an outstanding increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Estonia needle and catheter production peaked at $X in 2013; however, from 2014 to 2018, production remained at a lower figure.

Needle And Catheter Exports

Exports from Estonia

In 2018, approx. X tons of needles, catheters, cannulae and the like were exported from Estonia; jumping by X% against the previous year. Overall, needle and catheter exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Estonia exports peaked at X tons in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, needle and catheter exports stood at $X in 2018. Overall, needle and catheter exports continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. In that year, needle and catheter exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, Mexico (X tons), distantly followed by Belgium (X tons), China (X tons), Costa Rica (X tons), the UK (X tons), the U.S. (X tons) and Germany (X tons) were the key exporters of needles, catheters, cannulae and the like, together committing X% of total exports. The Netherlands (X tons), Ireland (X tons), Malaysia (X tons), Japan (X tons) and Thailand (X tons) followed a long way behind the leaders.

Mexico experienced a relatively flat trend pattern of needles, catheters, cannulae and the like exports. At the same time, the UK (+X%), Costa Rica (+X%), Belgium (+X%), the Netherlands (+X%), Germany (+X%), China (+X%), Ireland (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. The U.S., Japan and Thailand experienced a relatively flat trend pattern. While the share of Belgium (+X p.p.), the UK (+X p.p.), Costa Rica (+X p.p.), China (+X p.p.), Germany (+X p.p.), the Netherlands (+X p.p.) and Ireland (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Mexico (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest needle and catheter markets from Estonia were the U.S. ($X), the Netherlands ($X) and Ireland ($X), together comprising X% of total exports. Mexico, Germany, Belgium, Costa Rica, China, Japan, Malaysia, the UK, Thailand and Estonia lagged somewhat behind, together accounting for a further X terms of the main exporting countries, Estonia experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the needle and catheter export price in Estonia amounted to $X per ton, rising by X% against the previous year. In general, the needle and catheter export price continues to indicate a skyrocketing expansion. The growth pace was the most rapid in 2008 an increase of X% y-o-y. Estonia export price peaked in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Ireland ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Needle And Catheter Imports

Imports into Estonia

In 2018, approx. X tons of needles, catheters, cannulae and the like were imported into Estonia; increasing by X% against the previous year. In general, the total imports indicated a prominent increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. In that year, needle and catheter imports reached their peak of X tons. From 2011 to 2018, the growth of needle and catheter imports remained at a lower figure.

In value terms, needle and catheter imports stood at $X in 2018. Overall, needle and catheter imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, needle and catheter imports attained their peak figure in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, the U.S. (X tons) represented the major importer of needles, catheters, cannulae and the like, achieving X% of total imports. Mexico (X tons) took the second position in the ranking, followed by Belgium (X tons), Japan (X tons) and Germany (X tons). All these countries together took near X% share of total imports. France (X tons), the Netherlands (X tons), Italy (X tons), China (X tons), the UK (X tons), Spain (X tons) and South Korea (X tons) took a minor share of total imports.

The U.S. experienced a relatively flat trend pattern of needles, catheters, cannulae and the like imports. At the same time, China (+X%), Mexico (+X%), France (+X%), South Korea (+X%), Spain (+X%), Belgium (+X%), Germany (+X%), Italy (+X%), Japan (+X%), the Netherlands (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of Mexico, Belgium, Germany, China, France, Japan, Italy, South Korea, Spain and the U.S. increased by +X%, +X%, +X%, +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), the Netherlands ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Japan, China, Belgium, France, the UK, Mexico, Italy, Spain, South Korea and Estonia lagged somewhat behind, together comprising a further X the main importing countries, China experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the needle and catheter import price in Estonia amounted to $X per ton, jumping by X% against the previous year. In general, the import price indicated a tangible expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, needle and catheter import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when the import price increased by X% against the previous year. Estonia import price peaked in 2018 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Netherlands ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform