Lithuania: Needle And Catheter Market 2020

Needle And Catheter Market Size in Lithuania

The revenue of the needle and catheter market in Lithuania amounted to $X in 2018, rising by X% against the previous year. Overall, needle and catheter consumption continues to indicate an extraordinary increase. The pace of growth was the most pronounced in 2012 when the market value increased by X% y-o-y. Over the period under review, the needle and catheter market reached its maximum level in 2018 and is likely to continue its growth in the near future.

Needle And Catheter Production in Lithuania

In value terms, needle and catheter production amounted to $X in 2018 estimated in export prices. Overall, needle and catheter production continues to indicate strong growth. The growth pace was the most rapid in 2013 when production volume increased by X% against the previous year. Lithuania needle and catheter production peaked at $X in 2014; however, from 2015 to 2018, production failed to regain its momentum.

Needle And Catheter Exports

Exports from Lithuania

Needle and catheter exports from Lithuania stood at X tons in 2018, growing by X% against the previous year. Overall, needle and catheter exports continue to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, needle and catheter exports attained their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, needle and catheter exports amounted to $X in 2018. In general, needle and catheter exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Lithuania exports peaked at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

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) represented the main exporters of needles, catheters, cannulae and the like, together achieving 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. From 2007 to 2018, the share of Belgium, the UK, Costa Rica, China, Germany, the Netherlands and Ireland increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Mexico (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest needle and catheter markets from Lithuania were the U.S. ($X), the Netherlands ($X) and Ireland ($X), together accounting for X% of total exports. Mexico, Germany, Belgium, Costa Rica, China, Japan, Malaysia, the UK, Thailand and Lithuania lagged somewhat behind, together accounting for a further X experienced the highest growth rate of exports, in terms of the main exporting countries 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 Lithuania amounted to $X per ton, dropping by -X% against the previous year. In general, the needle and catheter export price, however, continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Lithuania export price peaked at $X per ton in 2012; however, from 2013 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, 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 Lithuania

Needle and catheter imports into Lithuania totaled X tons in 2018, surging by X% against the previous year. Overall, needle and catheter imports continue to indicate a skyrocketing increase. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. Lithuania imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, needle and catheter imports amounted to $X in 2018. Overall, needle and catheter imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% y-o-y. In that year, needle and catheter imports attained their peak of $X. From 2015 to 2018, the growth of needle and catheter imports remained at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tons) was the key importer of needles, catheters, cannulae and the like, constituting X% of total imports. Mexico (X tons) took the second position in the ranking, followed by Belgium (X tons), Japan (X tons) and Germany (X tons). All these countries together took near X% share of total imports. 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 relatively small 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 U.S. ($X), the Netherlands ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Japan, China, Belgium, France, the UK, Mexico, Italy, Spain, South Korea and Lithuania, which together accounted for a further X terms of the main importing countries, China experienced the highest growth rate of imports, 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 Lithuania stood at $X per ton in 2018, dropping by -X% against the previous year. In general, the needle and catheter import price continues to indicate a drastic setback. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. Over the period under review, the import prices for needles, catheters, cannulae and the like reached their maximum at $X per ton in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, 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