Europe: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Europe

After two years of growth, the Europe needles, catheters, cannulae market decreased by -8.4% to $X in 2021. The market value 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. Over the period under review, the market reached the peak level at $X in 2020, and then contracted in the following year.

Needles, Catheters, Cannulae Production in Europe

In value terms, needles, catheters, cannulae production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 when the production volume increased by 31% 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 Europe

In 2021, exports of needles, catheters, cannulae in Europe rose modestly to X units, picking up by 3.5% on the previous year's figure. The total export volume increased at an average annual rate of +3.3% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 11%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, needles, catheters, cannulae exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.5% over the period from 2012 to 2021; 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 biggest shipments were from Belgium (X units), Germany (X units), the Netherlands (X units), Ireland (X units), Austria (X units), Hungary (X units), Poland (X units), France (X units), Italy (X units), the UK (X units), Slovakia (X units) and Spain (X units), together finishing at 91% of total export.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +24.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest needles, catheters, cannulae supplying countries in Europe were the Netherlands ($X), Ireland ($X) and Germany ($X), with a combined 71% share of total exports. These countries were followed by Belgium, France, Hungary, Austria, Poland, the UK, Spain, Italy and Slovakia, which together accounted for a further 22%.

Austria, with a CAGR of +19.1%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries 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 Europe stood at $X per unit in 2021, increasing by 31% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

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 the UK (+8.5%), while the other leaders experienced more modest paces of growth.

Needles, Catheters, Cannulae Imports

Imports in Europe

In 2021, needles, catheters, cannulae imports in Europe expanded modestly to X units, surging by 2.2% against the previous year. The total import volume increased at an average annual rate of +4.2% 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 19% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, needles, catheters, cannulae imports rose notably to $X in 2021. The total import value increased at an average annual rate of +4.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units) and the Netherlands (X units) represented the largest importers of needles, catheters, cannulae in 2021, recording near 16% and 16% of total imports, respectively. France (X units) took the next position in the ranking, followed by the UK (X units), Belgium (X units), Italy (X units) and Spain (X units). All these countries together took approx. 40% share of total imports. The following importers - Hungary (X units), Austria (X units), Denmark (X units), Switzerland (X units), Sweden (X units) and Poland (X units) - together made up 16% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key 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 Europe were the Netherlands ($X), Germany ($X) and Belgium ($X), together accounting for 53% of total imports. These countries were followed by France, Italy, the UK, Spain, Switzerland, Austria, Poland, Denmark, Sweden and Hungary, which together accounted for a further 35%.

In terms of the main importing countries, Hungary, with a CAGR of +18.1%, saw the highest growth rate of the value of imports, 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 Europe amounted to $X per unit, increasing by 7.9% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by 8.8% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Hungary ($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