MENA: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in MENA

The MENA's needles, catheters, cannulae market totaled $X in 2021, picking up by 7.6% against the previous year. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Needles, Catheters, Cannulae Production in MENA

In value terms, needles, catheters, cannulae production soared to $X in 2021 estimated in export price. The total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -25.9% against 2017 indices. The level of production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Needles, Catheters, Cannulae Exports

Exports in MENA

In 2021, overseas shipments of needles, catheters, cannulae decreased by -2.8% to X units for the first time since 2014, thus ending a six-year rising trend. Total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +109.2% against 2012 indices. The pace of growth was the most pronounced in 2017 with an increase of 31%. Over the period under review, the exports hit record highs at X units in 2020, and then shrank in the following year.

In value terms, needles, catheters, cannulae exports reached $X in 2021. Total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +17.3% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 40%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey (X units) and Tunisia (X units) dominates exports structure, together comprising 82% of total exports. Morocco (X units) took the next position in the ranking, followed by Israel (X units). All these countries together took near 12% share of total exports. The United Arab Emirates (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +15.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the largest needles, catheters, cannulae supplier in MENA, comprising 51% of total exports. The second position in the ranking was taken by Israel ($X), with a 25% share of total exports. It was followed by Tunisia, with a 14% share.

In Turkey, needles, catheters, cannulae exports expanded at an average annual rate of +22.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Israel (-4.1% per year) and Tunisia (+7.2% per year).

Export Prices by Country

In 2021, the export price in MENA amounted to $X per unit, growing by 7.4% against the previous year. Over the period under review, the export price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2014 an increase of 17%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+5.5%), while the other leaders experienced mixed trends in the export price figures.

Needles, Catheters, Cannulae Imports

Imports in MENA

After four years of growth, purchases abroad of needles, catheters, cannulae decreased by -8% to X units in 2021. Total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 17% against the previous year. Over the period under review, imports reached the peak figure at X units in 2020, and then reduced in the following year.

In value terms, needles, catheters, cannulae imports amounted to $X in 2021. The total import value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when imports increased by 23%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X units), distantly followed by Iran (X units), Morocco (X units), the United Arab Emirates (X units), Tunisia (X units), Israel (X units), Iraq (X units) and Egypt (X units) were the largest importers of needles, catheters, cannulae, together generating 81% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Tunisia (with a CAGR of +14.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest needles, catheters, cannulae importing markets in MENA were Turkey ($X), Israel ($X) and Iran ($X), together accounting for 42% of total imports.

Israel, with a CAGR of +7.2%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per unit in 2021, rising by 12% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Israel ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+0.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform