Report Update Nov 1, 2024

Hungary - Needles, Catheters, Cannulae for Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Needles And Catheters Market 2021

Needles And Catheters Market Size in Hungary

The Hungarian needles and catheters market reached $X in 2019, with an increase of X% against the previous year. Overall, consumption continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2019, consumption failed to regain the momentum.

Needles And Catheters Production in Hungary

In value terms, needles and catheters production rose markedly to $X in 2019 estimated in export prices. Over the period under review, production, however, faced a deep setback. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. As a result, production reached the peak level of $X. From 2011 to 2019, production growth remained at a somewhat lower figure.

Needles And Catheters Exports

Exports from Hungary

In 2019, overseas shipments of needles, catheters, cannulae for medicine increased by X% to X units, rising for the second year in a row after five years of decline. Overall, exports, however, saw a abrupt contraction. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X units in 2010; however, from 2011 to 2019, exports remained at a lower figure.

In value terms, needles and catheters exports amounted to $X in 2019. In general, exports, however, saw a prominent increase. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Exports peaked in 2019 and are expected to retain growth in the immediate term.

Exports by Country

Norway (X units), Argentina (X units) and China (X units) were the main destinations of needles and catheters exports from Hungary, with a combined X% share of total exports. South Africa, Brazil, Algeria and Malaysia lagged somewhat behind, together accounting 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 Algeria, while exports for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Argentina ($X) and Malaysia ($X) were the largest markets for needles and catheters exported from Hungary worldwide, together comprising X% of total exports.

Malaysia (+X% per year) saw the highest rates of growth with regard to 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

In 2019, the average needles and catheters export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price saw a significant increase. The growth pace was the most rapid in 2014 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2017; however, from 2018 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Malaysia ($X per unit), while the average price for exports to South Africa ($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 Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Needles And Catheters Imports

Imports into Hungary

In 2019, approx. X units of needles, catheters, cannulae for medicine were imported into Hungary; standing approx. at the previous year. Over the period under review, imports, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2012 when imports increased by X% against the previous year. Imports peaked at X units in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

In value terms, needles and catheters imports amounted to $X in 2019. In general, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2019 and are expected to retain growth in years to come.

Imports by Country

In 2019, China (X units) was the main needles and catheters supplier to Hungary, with a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from China totaled +X%.

In value terms, China ($X) constituted the largest supplier of needles and catheters to Hungary.

From 2007 to 2019, the average annual growth rate of value from China stood at +X%.

Import Prices by Country

In 2019, the average needles and catheters import price amounted to $X per unit, standing approx. at the previous year. In general, the import price showed a resilient increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per unit. From 2018 to 2019, the growth in terms of the average import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2019, the rate of growth in terms of prices for China amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for needles, catheters, cannulae for medicine in the world?

El Salvador constituted the country with the largest volume of needles and catheters consumption, comprising approx. 36% of total volume. Moreover, needles and catheters consumption in El Salvador exceeded the figures recorded by the second-largest consumer, French Polynesia, twofold. The third position in this ranking was occupied by China, with a 8.7% share.

What are the largest producers of needles, catheters, cannulae for medicine in the world?

China remains the largest needles and catheters producing country worldwide, accounting for 28% of total volume. Moreover, needles and catheters production in China exceeded the figures recorded by the second-largest producer, Slovakia, threefold. The third position in this ranking was occupied by the U.S., with a 8.5% share.

What are the leading suppliers of needles, catheters, cannulae for medicine to Hungary?

In value terms, China constituted the largest supplier of needles and catheters to Hungary.

What are the leading importers of needles, catheters, cannulae for medicine from Hungary?

In value terms, Norway, Argentina and Malaysia were the largest markets for needles and catheters exported from Hungary worldwide, with a combined 6.6% share of total exports.

What is the average export price for needles, catheters, cannulae for medicine in Hungary?

In 2019, the average needles and catheters export price amounted to $14 per unit, increasing by 8.5% against the previous year.

What is the average import price for needles, catheters, cannulae for medicine in Hungary?

In 2019, the average needles and catheters import price amounted to $1 per unit, stabilizing at the previous year.

This report provides an in-depth analysis of the needles and catheters market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Prodcom 32501317 - Needles, catheters, cannulae and the like used in medical, s urgical, dental or veterinary sciences (excluding tubular metal needles and needles for sutures)

Country coverage:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023