Mexico: Needles And Catheters Market 2021

Needles And Catheters Market Size in Mexico

In 2019, the Mexican needles and catheters market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated notable growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2019, consumption remained at a lower figure.

Needles And Catheters Production in Mexico

In value terms, needles and catheters production fell to $X in 2019 estimated in export prices. Over the period under review, the total production indicated a measured increase from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2015 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X. From 2016 to 2019, production growth failed to regain the momentum.

Needles And Catheters Exports

Exports from Mexico

In 2019, exports of needles, catheters, cannulae for medicine from Mexico contracted to X units, reducing by -X% on the previous year. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. As a result, exports attained the peak of X units. From 2017 to 2019, the growth exports failed to regain the momentum.

In value terms, needles and catheters exports rose modestly to $X in 2019. Over the period under review, total exports indicated buoyant growth from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. Exports peaked at $X in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X units) was the main destination for needles and catheters exports from Mexico, accounting for a X% share of total exports. Moreover, needles and catheters exports to the U.S. exceeded the volume sent to the second major destination, China (X units), threefold. The third position in this ranking was occupied by Ireland (X units), with a X% share.

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

In value terms, the U.S. ($X) remains the key foreign market for needles and catheters exports from Mexico, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by Ireland, with a X% share.

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

Export Prices by Country

The average needles and catheters export price stood at $X per unit in 2019, with an increase of X% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while the average price for exports to China ($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 Ireland, while the prices for the other major destinations experienced more modest paces of growth.

Needles And Catheters Imports

Imports into Mexico

In 2019, the amount of needles, catheters, cannulae for medicine imported into Mexico fell to X units, dropping by -X% on the year before. In general, imports, however, enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked at X units in 2016; however, from 2017 to 2019, imports remained at a lower figure.

In value terms, needles and catheters imports rose to $X in 2019. Overall, imports, however, recorded resilient growth. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Imports peaked in 2019 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2019, the U.S. (X units) constituted the largest needles and catheters supplier to Mexico, accounting for a X% share of total imports. Moreover, needles and catheters imports from the U.S. exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. Italy (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 the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (+X% per year).

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

From 2007 to 2019, the average annual growth rate of value from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and China (+X% per year).

Import Prices by Country

The average needles and catheters import price stood at $X per unit in 2019, picking up by X% against the previous year. Overall, the import price showed a temperate expansion. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. The import price peaked at $X per unit in 2012; however, from 2013 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. ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Ireland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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