Libya: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Libya

The Libyan needles, catheters, cannulae market skyrocketed to $X in 2021, surging 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). Overall, consumption recorded measured growth. Needles, catheters, cannulae consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Needles, Catheters, Cannulae Exports

Exports from Libya

In 2021, after four years of decline, there was significant growth in overseas shipments of needles, catheters, cannulae, when their volume increased by 42% to X units. Overall, exports, however, continue to indicate a sharp decline. The pace of growth was the most pronounced in 2016 with an increase of 1,282%. Over the period under review, the exports attained the peak figure 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 soared to $X in 2021. Over the period under review, exports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when exports increased by 3,359% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units) was the main destination for needles, catheters, cannulae exports from Libya, accounting for a 94% share of total exports. Moreover, needles, catheters, cannulae exports to the Netherlands exceeded the volume sent to the second major destination, Switzerland (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands stood at -21.1%.

In value terms, the Netherlands ($X) remains the key foreign market for needles, catheters, cannulae exports from Libya, comprising 91% of total exports. The second position in the ranking was taken by Switzerland ($X), with an 8.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the Netherlands totaled +4.3%.

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. Over the period under review, the export price, however, continues to indicate a significant increase. The growth pace was the most rapid in 2016 an increase of 150% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to the Netherlands totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+443.9%), while the prices for the other major destinations experienced more modest paces of growth.

Needles, Catheters, Cannulae Imports

Imports into Libya

In 2021, needles, catheters, cannulae imports into Libya expanded significantly to X units, surging by 13% against the previous year. Over the period under review, imports showed pronounced growth. The pace of growth appeared the most rapid in 2015 with an increase of 241% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, needles, catheters, cannulae imports soared to $X in 2021. In general, imports posted a modest expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 86%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest needles, catheters, cannulae supplier to Libya, accounting for a 47% share of total imports. Moreover, needles, catheters, cannulae imports from China exceeded the figures recorded by the second-largest supplier, Malta (X units), fourfold. Turkey (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Malta (+82.2% per year) and Turkey (+13.7% per year).

In value terms, Germany ($X), China ($X) and Malta ($X) were the largest needles, catheters, cannulae suppliers to Libya, together comprising 44% of total imports.

Among the main suppliers, Malta, with a CAGR of +80.8%, recorded the highest rates of growth with regard to 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, surging by 15% against the previous year. Over the period under review, the import price, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2016 an increase of 56% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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