EU: Tubular Metal Needle Market 2020

Tubular Metal Needle Market Size in the EU

The revenue of the tubular metal needle market in the European Union amounted to $X in 2017, waning by -X% against the previous year. The tubular metal needle consumption continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2014, when market value increased by X% against the previous year. Over the period under review, the tubular metal needle market reached its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Tubular Metal Needle Production in the EU

In 2017, the amount of tubular metal needles for medicine produced in the European Union totaled X units, falling by -X% against the previous year. The tubular metal needle production continues to indicate a slight decrease. The pace of growth was the most pronounced in 2015, when it surged by X% y-o-y. Over the period under review, the tubular metal needle production attained its maximum volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Tubular Metal Needle Exports in the EU

In 2017, approx. X units of tubular metal needles for medicine were exported in the European Union; falling by -X% against the previous year. The total exports indicated a prominent growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tubular metal needle exports increased by +X% against 2007 indices. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. The volume of exports peaked of X units in 2016, and then declined slightly in the following year.

In value terms, tubular metal needle exports stood at $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. Over the period under review, the tubular metal needle exports reached its peak figure level of $X in 2016, and then declined slightly in the following year.

Tubular Metal Needle Exports by Country in the EU

Belgium represented the key exporting country with an export of about X units, which finished at X% of total exports. Ireland (X units) took the second position in the ranking, followed by Spain (X units), the Netherlands (X units), Germany (X units), Denmark (X units) and Poland (X units). All these countries together took approx. X% share of total exports.

Exports from Belgium increased at an average annual rate of +X% from 2007 to 2017. At the same time, Poland (+X%), Germany (+X%), the Netherlands (+X%), Spain (+X%) and Denmark (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest growing exporter in the European Union, with a CAGR of +X% from 2007-2017. By contrast, Ireland (-X%) illustrated a downward trend over the same period. While the share of Ireland (X%) increased significantly in terms of the global exports from 2007-2017, the share of Denmark (-X%), Spain (-X%), the Netherlands (-X%), Germany (-X%), Poland (-X%) and Belgium (-X%) displayed negative dynamics.

In value terms, Belgium ($X), Germany ($X) and Ireland ($X) were the countries with the highest levels of exports in 2017, together comprising X% of total exports. Denmark, Spain, the Netherlands and Poland lagged somewhat behind, together accounting for a further X%.

Poland (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Tubular Metal Needle Export Prices by Country in the EU

The tubular metal needle export price in the European Union stood at $X per unit in 2017, declining by -X% against the previous year. The tubular metal needle export price continues to indicate a moderate slump. The most prominent rate of growth was recorded in 2008, when the export prices increased by X% against the previous year. In that year, the export prices for tubular metal needles for medicine reached their peak level of $X per unit. From 2009 to 2017, growth of the export prices for tubular metal needles for medicine stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Germany ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belgium (+X% per year), while the other leaders experienced more modest paces of growth.

Tubular Metal Needle Imports in the EU

In 2017, approx. X units of tubular metal needles for medicine were imported in the European Union; picking up by X% against the previous year. The total imports indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the tubular metal needle imports increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. The volume of imports peaked in 2017, and are likely to see steady growth in the immediate term.

In value terms, tubular metal needle imports amounted to $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the tubular metal needle imports attained its maximum level in 2017, and are likely to see steady growth in the near future.

Tubular Metal Needle Imports by Country in the EU

Belgium was the major importer of tubular metal needles for medicine in the European Union, with the volume of imports finishing at X units, which was near X% of total imports in 2017. It was distantly followed by France (X units), Germany (X units), Spain (X units), Italy (X units), Denmark (X units) and the UK (X units), together committing X% share of total imports. The following importers - Poland (X units), Austria (X units), the Netherlands (X units) and the Czech Republic (X units) together made up X% of total imports.

Belgium was also the fastest growing in terms of the tubular metal needles for medicine imports, with a CAGR of +X% from 2007 to 2017. At the same time, France (+X%), Spain (+X%), Italy (+X%), Poland (+X%), Denmark (+X%), the Czech Republic (+X%) and the Netherlands (+X%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. By contrast, the UK (-X%) and Austria (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Poland, Denmark, Italy, Spain, France and Belgium decreased by -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 largest tubular metal needle markets worldwide were Belgium ($X), Germany ($X) and France ($X), together accounting for X% of total imports.

Belgium (+X% per year) recorded the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Tubular Metal Needle Import Prices by Country in the EU

The tubular metal needle import price in the European Union stood at $X per unit in 2017, standing approx. at the previous year. The tubular metal needle import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% year-to-year. In that year, the import prices for tubular metal needles for medicine attained their peak level of $X per unit. From 2012 to 2017, growth of the import prices for tubular metal needles for medicine stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the UK ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the UK (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform