Finland: Needles And Catheters Market 2021

Needles And Catheters Market Size in Finland

The Finnish needles and catheters market shrank to $X in 2019, with a decrease of -X% against the previous year. Overall, consumption, however, posted a prominent expansion. The growth pace was the most rapid in 2015 when the market value increased by X% against the previous year. Needles and catheters consumption peaked at $X in 2016; however, from 2017 to 2019, consumption failed to regain the momentum.

Needles And Catheters Production in Finland

In value terms, needles and catheters production declined slightly to $X in 2019 estimated in export prices. Overall, production, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Needles and catheters production peaked at $X in 2014; however, from 2015 to 2019, production remained at a lower figure.

Needles And Catheters Exports

Exports from Finland

After three years of growth, shipments abroad of needles, catheters, cannulae for medicine decreased by -X% to X units in 2019. Overall, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X units in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, needles and catheters exports reduced to $X in 2019. Over the period under review, total exports indicated a slight expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

Exports by Country

Sweden (X units), Norway (X units) and Denmark (X units) were the main destinations of needles and catheters exports from Finland, with a combined X% share of total exports. These countries were followed by Estonia, Colombia, China and India, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Colombia, while exports for the other leaders experienced mixed trend patterns.

In value terms, Sweden ($X) remains the key foreign market for needles and catheters exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Norway ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Sweden amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+X% per year) and Denmark (+X% per year).

Export Prices by Country

The average needles and catheters export price stood at $X per unit in 2019, surging by X% against the previous year. Overall, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Sweden ($X per unit), while the average price for exports to Norway ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to India (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Needles And Catheters Imports

Imports into Finland

Needles and catheters imports into Finland shrank to X units in 2019, reducing by -X% against 2018. In general, imports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

In value terms, needles and catheters imports fell to $X in 2019. Overall, total imports indicated a resilient increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. As a result, imports reached the peak of $X, leveling off in the following year.

Imports by Country

Ireland (X units), Sweden (X units) and Germany (X units) were the main suppliers of needles and catheters imports to Finland, together accounting for X% of total imports. The U.S., Mexico, Switzerland, Japan, Hungary, the Netherlands, China and Denmark lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in China (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest needles and catheters suppliers to Finland were Ireland ($X), Sweden ($X) and Germany ($X), with a combined X% share of total imports. The U.S., Mexico, Switzerland, Hungary, the Netherlands, Denmark, Japan and China lagged somewhat behind, together comprising a further X the main suppliers, China saw the highest rates of growth with regard to 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 2019, the average needles and catheters import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Denmark, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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