Iran: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Iran

The Iranian needles, catheters, cannulae market soared to $X in 2021, rising by 22% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a moderate expansion. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Needles, Catheters, Cannulae Exports

Exports from Iran

In 2021, approx. X units of needles, catheters, cannulae were exported from Iran; increasing by 146% compared with the previous year. In general, exports, however, recorded a slight descent. The growth pace was the most rapid in 2019 when exports increased by 169% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, needles, catheters, cannulae exports expanded modestly to $X in 2021. Overall, exports, however, faced a sharp setback. The most prominent rate of growth was recorded in 2019 when exports increased by 93% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bolivia (X units) was the main destination for needles, catheters, cannulae exports from Iran, with a 77% share of total exports. Moreover, needles, catheters, cannulae exports to Bolivia exceeded the volume sent to the second major destination, Azerbaijan (X units), tenfold. The third position in this ranking was taken by Canada (X units), with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume to Bolivia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+6.2% per year) and Canada (+120.0% per year).

In value terms, Canada ($X) emerged as the key foreign market for needles, catheters, cannulae exports from Iran, comprising 24% of total exports. The second position in the ranking was held by Ecuador ($X), with a 6.6% share of total exports. It was followed by Azerbaijan, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada amounted to +126.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (+54.4% per year) and Azerbaijan (-22.9% per year).

Export Prices by Country

The average needles, catheters, cannulae export price stood at $X per unit in 2021, dropping by -58% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by 182% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Bolivia (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Needles, Catheters, Cannulae Imports

Imports into Iran

In 2021, the amount of needles, catheters, cannulae imported into Iran soared to X units, with an increase of 17% compared with the previous year. In general, imports posted moderate growth. The most prominent rate of growth was recorded in 2015 with an increase of 127%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, needles, catheters, cannulae imports surged to $X in 2021. Over the period under review, imports posted a pronounced increase. The most prominent rate of growth was recorded in 2015 when imports increased by 99% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X units), Turkey (X units) and China (X units) were the main suppliers of needles, catheters, cannulae imports to Iran, with a combined 44% share of total imports. Germany, Poland, Italy, India, the United States, Belgium, South Korea, France, Malaysia and the United Arab Emirates lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +21.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of needles, catheters, cannulae to Iran, comprising 25% of total imports. The second position in the ranking was taken by China ($X), with a 9.9% share of total imports. It was followed by Germany, with a 6.1% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands totaled +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.7% per year) and Germany (+7.7% per year).

Import Prices by Country

In 2021, the average needles, catheters, cannulae import price amounted to $X per unit, growing by 9.3% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 31%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for Turkey (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :