Luxembourg: Needles And Catheters Market 2021

Needles And Catheters Market Size in Luxembourg

The Luxembourg needles and catheters market reduced slightly to $X in 2019, waning by -X% 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). The market value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Needles and catheters consumption peaked at $X in 2018, and then fell modestly in the following year.

Needles And Catheters Exports

Exports from Luxembourg

In 2019, the amount of needles, catheters, cannulae for medicine exported from Luxembourg soared to X units, increasing by X% on the previous year. In general, exports, however, recorded a dramatic slump. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at X units in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

In value terms, needles and catheters exports dropped rapidly to $X in 2019. Over the period under review, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2009; however, from 2010 to 2019, exports failed to regain the momentum.

Exports by Country

Greece (X units), Oman (X units) and Georgia (X units) were the main destinations of needles and catheters exports from Luxembourg, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in Georgia, while shipments for the other leaders experienced mixed trend patterns.

In value terms, Greece ($X), Oman ($X) and the United Arab Emirates ($X) appeared to be the largest markets for needles and catheters exported from Luxembourg worldwide, with a combined X% share of total exports. These countries were followed by Italy, Belgium, Democratic Republic of the Congo, Georgia, Germany, Spain and Lebanon, which together accounted for a further X terms of the main countries of destination, Democratic Republic of the Congo (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average needles and catheters export price stood at $X per unit in 2019, shrinking by -X% against the previous year. Overall, the export price, however, showed a significant expansion. The pace of growth appeared the most rapid in 2014 an increase of X% y-o-y. The export price peaked at $X per unit in 2017; however, from 2018 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Belgium ($X per unit), while the average price for exports to Georgia ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Needles And Catheters Imports

Imports into Luxembourg

Needles and catheters imports into Luxembourg reduced modestly to X units in 2019, stabilizing at 2018 figures. Overall, total imports indicated a perceptible increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% year-to-year. As a result, imports reached the peak of X units, and then fell modestly in the following year.

In value terms, needles and catheters imports fell slightly to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018, and then contracted modestly in the following year.

Imports by Country

In 2019, Belgium (X units) constituted the largest needles and catheters supplier to Luxembourg, accounting for a X% share of total imports. Moreover, needles and catheters imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The U.S. (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Belgium stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the U.S. (-X% per year).

In value terms, Belgium ($X) constituted the largest supplier of needles and catheters to Luxembourg, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Belgium totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the U.S. (+X% per year).

Import Prices by Country

The average needles and catheters import price stood at $X per unit in 2019, leveling off at the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. The import price peaked at $X per unit in 2010; however, from 2011 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Mexico ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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