Italy: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Italy

In 2021, the Italian needles, catheters, cannulae market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption recorded a relatively flat trend pattern. Needles, catheters, cannulae consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Needles, Catheters, Cannulae Production in Italy

In value terms, needles, catheters, cannulae production expanded slightly to $X in 2021 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 29% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Needles, Catheters, Cannulae Exports

Exports from Italy

In 2021, after six years of growth, there was significant decline in overseas shipments of needles, catheters, cannulae, when their volume decreased by -18.1% to X units. Over the period under review, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2017 with an increase of 40% against the previous year. The exports peaked at X units in 2020, and then dropped notably in the following year.

In value terms, needles, catheters, cannulae exports amounted to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 15% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for needles, catheters, cannulae exports from Italy, with a 27% share of total exports. Moreover, needles, catheters, cannulae exports to the United States exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was taken by France (X units), with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +8.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.9% per year) and France (+12.8% per year).

In value terms, the Netherlands ($X), the United States ($X) and Germany ($X) appeared to be the largest markets for needles, catheters, cannulae exported from Italy worldwide, together accounting for 34% of total exports. France, China, Spain, Belgium, the UK, Russia, Mexico, Brazil, Thailand and South Korea lagged somewhat behind, together accounting for a further 35%.

China, with a CAGR of +19.6%, recorded the highest growth rate of the value of exports, among 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 needles, catheters, cannulae export price stood at $X per unit in 2021, jumping by 23% against the previous year. Over the period under review, the export price, however, recorded a pronounced decrease. Over the period under review, the average export prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to South Korea (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 China (+1.5%), while the prices for the other major destinations experienced a decline.

Needles, Catheters, Cannulae Imports

Imports into Italy

In 2021, after two years of decline, there was growth in overseas purchases of needles, catheters, cannulae, when their volume increased by 1.2% to X units. In general, total imports indicated modest growth from 2012 to 2021: its volume increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -22.1% against 2018 indices. The pace of growth was the most pronounced in 2016 with an increase of 36%. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, needles, catheters, cannulae imports rose significantly to $X in 2021. The total import value increased at an average annual rate of +4.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of 15% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Belgium (X units), China (X units) and the Netherlands (X units) were the main suppliers of needles, catheters, cannulae imports to Italy, together accounting for 54% of total imports. These countries were followed by Tunisia, Germany, Austria, France, Poland, Hungary, Sweden and Thailand, which together accounted for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +33.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) constituted the largest needles, catheters, cannulae suppliers to Italy, together accounting for 72% of total imports. These countries were followed by France, China, Hungary, Sweden, Tunisia, Austria, Thailand and Poland, which together accounted for a further 18%.

In terms of the main suppliers, Poland, with a CAGR of +33.6%, saw 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, growing by 8.6% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, needles, catheters, cannulae import price increased by +55.5% against 2016 indices. The growth pace was the most rapid in 2019 an increase of 22%. The import price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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