EU: Syringe Market 2024

Syringe Market Size in the EU

After three years of growth, the EU syringe market decreased by -3.7% to $X in 2022. The total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +62.1% against 2015 indices. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Syringe Production in the EU

In value terms, syringe production contracted to $X in 2022 estimated in export price. The total production indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +51.1% against 2018 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by 23% against the previous year. The level of production peaked at $X in 2021, and then declined in the following year.

Syringe Exports

Exports in the EU

In 2022, overseas shipments of syringes, with or without needles decreased by -2.3% to X units, falling for the second consecutive year after three years of growth. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 24% against the previous year. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, syringe exports contracted to $X in 2022. Total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.4% against 2015 indices. The growth pace was the most rapid in 2021 when exports increased by 21%. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

In 2022, France (X units), Germany (X units), Spain (X units) and Belgium (X units) was the major exporter of syringes, with or without needles in the European Union, creating 70% of total export. It was distantly followed by Ireland (X units) and Italy (X units), together creating a 12% share of total exports. The Netherlands (X units) took a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by France (with a CAGR of +9.5%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Italy ($X) were the countries with the highest levels of exports in 2022, together accounting for 61% of total exports.

Among the main exporting countries, Italy, with a CAGR of +14.0%, 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

In 2022, the export price in the European Union amounted to $X per unit, rising by 2.3% against the previous year. Export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, syringe export price increased by +35.8% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 33% against the previous year. The level of export peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Spain (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.6%), while the other leaders experienced more modest paces of growth.

Syringe Imports

Imports in the EU

After two years of growth, overseas purchases of syringes, with or without needles decreased by -10.8% to X units in 2022. The total import volume increased at an average annual rate of +3.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, syringe imports reduced slightly to $X in 2022. Total imports indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.5% against 2015 indices. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

France (X units) and Germany (X units) represented the main importers of syringes, with or without needles in 2022, resulting at near 26% and 19% of total imports, respectively. Belgium (X units) took a 9.7% share (based on physical terms) of total imports, which put it in second place, followed by Italy (9.5%), Spain (9.3%) and the Netherlands (6.8%). The following importers - Ireland (X units) and Poland (X units) - each finished at a 5.8% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +13.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, with a combined 58% share of total imports. Italy, Belgium, Spain, Ireland and Poland lagged somewhat behind, together comprising a further 27%.

Ireland, with a CAGR of +9.9%, recorded the highest rates of growth with regard to 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

The import price in the European Union stood at $X per unit in 2022, with an increase of 6.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2019 an increase of 9.9% against the previous year. Over the period under review, import prices hit record highs in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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