Malaysia: Needles And Catheters Market 2021

Needles And Catheters Market Size in Malaysia

The Malaysian needles and catheters market rose notably to $X in 2019, picking up by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the market value increased by X% against the previous year. Needles and catheters consumption peaked at $X in 2016; however, from 2017 to 2019, consumption remained at a lower figure.

Needles And Catheters Production in Malaysia

In value terms, needles and catheters production stood at $X in 2019 estimated in export prices. Over the period under review, production saw a buoyant expansion. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level in 2019 and is expected to retain growth in the immediate term.

Needles And Catheters Exports

Exports from Malaysia

In 2019, overseas shipments of needles, catheters, cannulae for medicine increased by X% to X units, rising for the fourth year in a row after three years of decline. Overall, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure in 2019 and are likely to see steady growth in years to come.

In value terms, needles and catheters exports expanded remarkably to $X in 2019. In general, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum in 2019 and are expected to retain growth in years to come.

Exports by Country

Germany (X units) was the main destination for needles and catheters exports from Malaysia, accounting for a X% share of total exports. Moreover, needles and catheters exports to Germany exceeded the volume sent to the second major destination, the U.S. (X units), sevenfold. Ireland (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Ireland (+X% per year).

In value terms, the largest markets for needles and catheters exported from Malaysia were Germany ($X), the U.S. ($X) and Japan ($X), with a combined X% share of total exports. These countries were followed by Belgium, China, Singapore, Ireland and Taiwan (Chinese), which together accounted for a further X terms of the main countries of destination, Ireland 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

In 2019, the average needles and catheters export price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. Over the period under review, average export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Japan ($X per unit), while the average price for exports to Germany ($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 Japan, while the prices for the other major destinations experienced more modest paces of growth.

Needles And Catheters Imports

Imports into Malaysia

For the third consecutive year, Malaysia recorded growth in overseas purchases of needles, catheters, cannulae for medicine, which increased by X% to X units in 2019. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Imports peaked at X units in 2011; however, from 2012 to 2019, imports stood at a somewhat lower figure.

In value terms, needles and catheters imports rose markedly to $X in 2019. Overall, imports recorded buoyant growth. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, China (X units) constituted the largest supplier of needles and catheters to Malaysia, accounting for a X% share of total imports. Moreover, needles and catheters imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X units), threefold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and Germany (+X% per year).

In value terms, the U.S. ($X), Singapore ($X) and China ($X) constituted the largest needles and catheters suppliers to Malaysia, together accounting for X% of total imports.

China recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average needles and catheters import price stood at $X per unit in 2019, growing by X% against the previous year. In general, the import price, however, continues to indicate a mild slump. The pace of growth appeared the most rapid in 2012 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 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 the U.S. ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Switzerland, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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