Israel: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Israel

The Israeli needles, catheters, cannulae market totaled $X in 2021, picking up by 15% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Needles, Catheters, Cannulae Production in Israel

In value terms, needles, catheters, cannulae production surged to $X in 2021 estimated in export price. In general, production enjoyed a mild expansion. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Needles, Catheters, Cannulae Exports

Exports from Israel

In 2021, overseas shipments of needles, catheters, cannulae increased by 8.6% to X units, rising for the second year in a row after two years of decline. In general, exports, however, saw a noticeable slump. The pace of growth was the most pronounced in 2014 with an increase of 44% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, needles, catheters, cannulae exports amounted to $X in 2021. Over the period under review, exports, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2017 when exports increased by 38% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units), Switzerland (X units) and Germany (X units) were the main destinations of needles, catheters, cannulae exports from Israel, together comprising 54% of total exports. These countries were followed by Mexico, the Netherlands, Australia, South Korea, Slovakia, Japan, Russia, Brazil, Italy and France, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovakia (with a CAGR of +43.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for needles, catheters, cannulae exports from Israel, comprising 40% of total exports. The second position in the ranking was held by Germany ($X), with a 19% share of total exports. It was followed by the Netherlands, with a 6.4% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-0.9% per year) and the Netherlands (+26.1% per year).

Export Prices by Country

The average needles, catheters, cannulae export price stood at $X per unit in 2021, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a slight decline. The pace of growth was the most pronounced in 2016 an increase of 16% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat 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 Germany ($X per unit), while the average price for exports to Mexico ($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 Slovakia (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Needles, Catheters, Cannulae Imports

Imports into Israel

In 2021, the amount of needles, catheters, cannulae imported into Israel soared to X units, rising by 34% on 2020 figures. Overall, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 37%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, needles, catheters, cannulae imports reduced to $X in 2021. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +18.2% against 2017 indices. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of $X, and then contracted slightly in the following year.

Imports by Country

In 2021, China (X units) constituted the largest supplier of needles, catheters, cannulae to Israel, accounting for a 52% share of total imports. Moreover, needles, catheters, cannulae imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fourfold. The third position in this ranking was taken by the United States (X units), with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +20.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+21.1% per year) and the United States (+2.4% per year).

In value terms, the largest needles, catheters, cannulae suppliers to Israel were China ($X), the United States ($X) and Mexico ($X), with a combined 55% share of total imports.

In terms of the main suppliers, Mexico, with a CAGR of +85.0%, recorded the highest growth rate of 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 2021, the average needles, catheters, cannulae import price amounted to $X per unit, reducing by -28% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 42% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 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 Belgium ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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