Iceland: Needle And Catheter Market 2020

Needle And Catheter Market Size in Iceland

The revenue of the needle and catheter market in Iceland amounted to $X in 2018, declining by -X% against the previous year. In general, needle and catheter consumption, however, continues to indicate conspicuous growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. In that year, the needle and catheter market attained its peak level of $X, and then declined slightly in the following year.

Needle And Catheter Production in Iceland

In value terms, needle and catheter production amounted to $X in 2018 estimated in export prices. In general, needle and catheter production continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Iceland needle and catheter production peaked in 2018 and is expected to retain its growth in the immediate term.

Needle And Catheter Exports

Exports from Iceland

In 2018, the amount of needles, catheters, cannulae and the like exported from Iceland totaled X tons, going up by X% against the previous year. Over the period under review, needle and catheter exports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. In that year, needle and catheter exports attained their peak of X tons. From 2009 to 2018, the growth of needle and catheter exports remained at a lower figure.

In value terms, needle and catheter exports totaled $X in 2018. Over the period under review, needle and catheter exports continue to indicate a skyrocketing increase. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, needle and catheter exports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

In 2018, Mexico (X tons), distantly followed by Belgium (X tons), China (X tons), Costa Rica (X tons), the UK (X tons), the U.S. (X tons) and Germany (X tons) were the main exporters of needles, catheters, cannulae and the like, together mixing up X% of total exports. The Netherlands (X tons), Ireland (X tons), Malaysia (X tons), Japan (X tons) and Thailand (X tons) followed a long way behind the leaders.

Mexico experienced a relatively flat trend pattern of needles, catheters, cannulae and the like exports. At the same time, the UK (+X%), Costa Rica (+X%), Belgium (+X%), the Netherlands (+X%), Germany (+X%), China (+X%), Ireland (+X%) and Malaysia (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. The U.S., Japan and Thailand experienced a relatively flat trend pattern. While the share of Belgium (+X p.p.), the UK (+X p.p.), Costa Rica (+X p.p.), China (+X p.p.), Germany (+X p.p.), the Netherlands (+X p.p.) and Ireland (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Mexico (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest needle and catheter markets from Iceland were the U.S. ($X), the Netherlands ($X) and Ireland ($X), with a combined X% share of total exports. These countries were followed by Mexico, Germany, Belgium, Costa Rica, China, Japan, Malaysia, the UK, Thailand and Iceland, which together accounted for a further X the main exporting countries, Iceland (+X% per year) experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the needle and catheter export price in Iceland amounted to $X per ton, growing by X% against the previous year. In general, the needle and catheter export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2008 when the export price increased by X% year-to-year. Over the period under review, the export prices for needles, catheters, cannulae and the like reached their peak figure in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Ireland ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Needle And Catheter Imports

Imports into Iceland

In 2018, the needle and catheter imports into Iceland totaled X tons, declining by -X% against the previous year. Overall, needle and catheter imports continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. In that year, needle and catheter imports attained their peak of X tons, and then declined slightly in the following year.

In value terms, needle and catheter imports amounted to $X in 2018. In general, the total imports indicated a measured increase from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Iceland imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

The U.S. represented the major importer of needles, catheters, cannulae and the like in the world, with the volume of imports reaching X tons, which was near X% of total imports in 2018. Mexico (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Belgium (X%), Japan (X%) and Germany (X%). France (X tons), the Netherlands (X tons), Italy (X tons), China (X tons), the UK (X tons), Spain (X tons) and South Korea (X tons) occupied a little share of total imports.

The U.S. experienced a relatively flat trend pattern of needles, catheters, cannulae and the like imports. At the same time, China (+X%), Mexico (+X%), France (+X%), South Korea (+X%), Spain (+X%), Belgium (+X%), Germany (+X%), Italy (+X%), Japan (+X%), the Netherlands (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. While the share of Mexico (+X p.p.), Belgium (+X p.p.), Germany (+X p.p.), China (+X p.p.), France (+X p.p.), Japan (+X p.p.), Italy (+X p.p.), South Korea (+X p.p.), Spain (+X p.p.) and the U.S. (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest needle and catheter importing markets into Iceland were the U.S. ($X), the Netherlands ($X) and Germany ($X), together comprising X% of total imports. Japan, China, Belgium, France, the UK, Mexico, Italy, Spain, South Korea and Iceland lagged somewhat behind, together accounting for a further X experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The needle and catheter import price in Iceland stood at $X per ton in 2018, jumping by X% against the previous year. Over the period under review, the needle and catheter import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of X% year-to-year. In that year, the import prices for needles, catheters, cannulae and the like reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform