Germany: Syringe Market 2024

Syringe Market Size in Germany

The German syringe market amounted to $X in 2022, standing approx. at the previous year. In general, consumption, however, continues to indicate a buoyant expansion. Syringe consumption peaked in 2022 and is likely to see steady growth in the near future.

Syringe Production in Germany

In value terms, syringe production contracted notably to $X in 2022 estimated in export price. Overall, production recorded a pronounced increase. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. As a result, production attained the peak level of $X, and then contracted sharply in the following year.

Syringe Exports

Exports from Germany

In 2022, approx. X units of syringes, with or without needles were exported from Germany; surging by 3.2% compared with 2021 figures. Overall, exports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2019 with an increase of 30%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, syringe exports totaled $X in 2022. Over the period under review, total exports indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.9% 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 +98.2% against 2017 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 25%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X units), France (X units) and Spain (X units) were the main destinations of syringe exports from Germany, together comprising 42% of total exports. Denmark, Switzerland, Austria, Belgium, the Netherlands, the UK, Poland, Italy, China and the Czech Republic lagged somewhat behind, together accounting for a further 41%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +8.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the United States ($X) and Switzerland ($X) were the largest markets for syringe exported from Germany worldwide, together accounting for 44% of total exports. Belgium, Austria, the Netherlands, China, Italy, Spain, Denmark, the UK, Poland and the Czech Republic lagged somewhat behind, together accounting for a further 38%.

Austria, with a CAGR of +13.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average syringe export price stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 105% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Syringe Imports

Imports into Germany

Syringe imports into Germany stood at X units in 2022, remaining stable against the previous year. The total import volume increased at an average annual rate of +3.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 18%. Imports peaked at X units in 2020; afterwards, it flattened through to 2022.

In value terms, syringe imports reached $X in 2022. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its value 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, imports increased by +63.9% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of 29% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Switzerland (X units), Hungary (X units) and China (X units) were the main suppliers of syringe imports to Germany, with a combined 54% share of total imports. France, Finland, the Czech Republic, Spain, Italy, Taiwan (Chinese), the UK, Poland, Belgium and the United States lagged somewhat behind, together comprising a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +139.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), France ($X) and Taiwan (Chinese) ($X) were the largest syringe suppliers to Germany, together comprising 48% of total imports. Hungary, Finland, China, the UK, Italy, the Czech Republic, the United States, Belgium, Poland and Spain lagged somewhat behind, together comprising a further 46%.

Finland, with a CAGR of +119.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average syringe import price amounted to $X per unit, rising by 2.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for 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 Hungary (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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