Middle East: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in the Middle East

The Middle Eastern needles, catheters, cannulae market rose rapidly to $X in 2021, picking up by 12% against the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Needles, Catheters, Cannulae Production in the Middle East

In value terms, needles, catheters, cannulae production skyrocketed to $X in 2021 estimated in export price. The total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -26.2% against 2017 indices. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Needles, Catheters, Cannulae Exports

Exports in the Middle East

Needles, catheters, cannulae exports expanded modestly to X units in 2021, picking up by 3.7% on the year before. Total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +2.7% against 2018 indices. The pace of growth appeared the most rapid in 2014 when exports increased by 39%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, needles, catheters, cannulae exports rose remarkably to $X in 2021. Over the period under review, exports recorded a perceptible increase. The growth pace was the most rapid in 2017 with an increase of 41%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Turkey dominates exports structure, accounting for X units, which was near 82% of total exports in 2021. It was distantly followed by Israel (X units), achieving a 9.9% share of total exports. The following exporters - the United Arab Emirates (X units) and Saudi Arabia (X units) - together made up 6% of total exports.

Turkey was also the fastest-growing in terms of the needles, catheters, cannulae exports, with a CAGR of +15.8% from 2012 to 2021. Israel (-2.7%), the United Arab Emirates (-5.4%) and Saudi Arabia (-7.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey increased by +35 percentage points.

In value terms, Turkey ($X) remains the largest needles, catheters, cannulae supplier in the Middle East, comprising 64% of total exports. The second position in the ranking was held by Israel ($X), with a 31% share of total exports. It was followed by the United Arab Emirates, with a 2.2% share.

In Turkey, needles, catheters, cannulae exports increased at an average annual rate of +22.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (-4.1% per year) and the United Arab Emirates (-15.0% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per unit, rising by 5.5% against the previous year. Overall, the export price, however, recorded a pronounced setback. The pace of growth appeared the most rapid in 2016 when the export price increased by 22% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Israel ($X per unit), while Saudi Arabia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+7.7%), while the other leaders experienced mixed trends in the export price figures.

Needles, Catheters, Cannulae Imports

Imports in the Middle East

In 2021, purchases abroad of needles, catheters, cannulae decreased by -6.5% to X units for the first time since 2016, thus ending a four-year rising trend. The total import volume 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 most prominent rate of growth was recorded in 2014 when imports increased by 19%. The volume of import peaked at X units in 2020, and then shrank 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 +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by 25% against the previous year. As a result, imports attained the peak of $X; afterwards, it flattened through to 2021.

Imports by Country

Turkey was the major importer of needles, catheters, cannulae in the Middle East, with the volume of imports resulting at X units, which was near 36% of total imports in 2021. Iran (X units) took the second position in the ranking, distantly followed by the United Arab Emirates (X units), Israel (X units), Iraq (X units) and Qatar (X units). All these countries together took near 50% share of total imports. Kuwait (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Kuwait (with a CAGR of +16.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Israel ($X) and Iran ($X) constituted the countries with the highest levels of imports in 2021, with a combined 48% share of total imports. The United Arab Emirates, Kuwait, Iraq and Qatar lagged somewhat behind, together accounting for a further 18%.

In terms of the main importing countries, Kuwait, with a CAGR of +11.1%, recorded the highest growth rate of the value of imports, 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 the Middle East stood at $X per unit in 2021, surging by 14% against the previous year. In general, the import price recorded a relatively flat trend pattern. Over the period under review, import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Israel ($X per unit), while Qatar ($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

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