EU: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in the EU

After four years of growth, the EU needles, catheters, cannulae market decreased by -18.5% to $X in 2021. The total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then declined remarkably in the following year.

Needles, Catheters, Cannulae Production in the EU

In value terms, needles, catheters, cannulae production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of 33% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Needles, Catheters, Cannulae Exports

Exports in the EU

In 2021, shipments abroad of needles, catheters, cannulae increased by 15% to X units, rising for the fifth consecutive year after two years of decline. The total export volume increased at an average annual rate of +4.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, needles, catheters, cannulae exports soared to $X in 2021. The total export value increased at an average annual rate of +4.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the twelve major exporters of needles, catheters, cannulae, namely Belgium, Germany, the Netherlands, Ireland, Austria, Hungary, Poland, France, Italy, Slovakia, Spain and Denmark, represented more than two-thirds of total export.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Austria (with a CAGR of +24.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest needles, catheters, cannulae supplying countries in the European Union were the Netherlands ($X), Ireland ($X) and Germany ($X), together accounting for 73% of total exports. Belgium, France, Denmark, Hungary, Austria, Poland, Spain, Italy and Slovakia lagged somewhat behind, together accounting for a further 24%.

In terms of the main exporting countries, Austria, with a CAGR of +19.1%, saw 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

The export price in the European Union stood at $X per unit in 2021, picking up by 20% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

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 Netherlands ($X per unit), while Slovakia ($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 the EU

In 2021, after two years of growth, there was decline in purchases abroad of needles, catheters, cannulae, when their volume decreased by -0.6% to X units. The total import volume increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by 22%. Over the period under review, imports attained the maximum at X units in 2020, and then shrank in the following year.

In value terms, needles, catheters, cannulae imports expanded sharply to $X in 2021. The total import value increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units) and the Netherlands (X units) represented roughly 37% of total imports in 2021. It was followed by France (X units), Belgium (X units), Italy (X units) and Spain (X units), together creating a 36% share of total imports. Hungary (X units), Austria (X units), Denmark (X units), Sweden (X units), Poland (X units), Ireland (X units) and the Czech Republic (X units) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Hungary (with a CAGR of +24.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest needles, catheters, cannulae importing markets in the European Union were the Netherlands ($X), Germany ($X) and Belgium ($X), with a combined 60% share of total imports. These countries were followed by France, Italy, Spain, Ireland, Austria, Poland, Denmark, Sweden, Hungary and the Czech Republic, which together accounted for a further 35%.

Hungary, with a CAGR of +18.1%, saw the highest rates of growth with regard to the value of imports, in terms of 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 2021, the import price in the European Union amounted to $X per unit, growing by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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