Middle East: Needles And Catheters Market 2021

Needles And Catheters Market Size in the Middle East

In 2019, the Middle Eastern needles and catheters market increased by X% to $X, rising for the third year in a row after two years of decline. Overall, consumption posted a resilient increase. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. The level of consumption peaked in 2019 and is expected to retain growth in the immediate term.

Needles And Catheters Production in the Middle East

In value terms, needles and catheters production stood at $X in 2019 estimated in export prices. Over the period under review, production saw buoyant growth. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, production hit record highs in 2019 and is expected to retain growth in the near future.

Production By Country in the Middle East

Turkey (X units) remains the largest needles and catheters producing country in the Middle East, comprising approx. X% of total volume. Moreover, needles and catheters production in Turkey exceeded the figures recorded by the second-largest producer, Israel (X units), fourfold.

In Turkey, needles and catheters production increased at an average annual rate of +X% over the period from 2007-2019.

Needles And Catheters Exports

Exports in the Middle East

Needles and catheters exports declined to X units in 2019, waning by -X% against the previous year. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. The volume of export peaked at X units in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

In value terms, needles and catheters exports rose significantly to $X in 2019. Over the period under review, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2014; however, from 2015 to 2019, exports remained at a lower figure.

Exports by Country

In 2019, Turkey (X units) represented the major exporter of needles, catheters, cannulae for medicine, achieving X% of total exports. Saudi Arabia (X units) took the second position in the ranking, followed by Israel (X units) and Lebanon (X units). All these countries together held approx. X% share of total exports. The United Arab Emirates (X units) occupied a minor share of total exports.

Turkey experienced a relatively flat trend pattern with regard to volume of exports of needles, catheters, cannulae for medicine. At the same time, Lebanon (+X%), the United Arab Emirates (+X%) and Saudi Arabia (+X%) displayed positive paces of growth. Moreover, Lebanon emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +X% from 2007-2019. By contrast, Israel (-X%) illustrated a downward trend over the same period. Turkey (+X p.p.), Saudi Arabia (+X p.p.), Lebanon (+X p.p.) and the United Arab Emirates (+X p.p.) significantly strengthened its position in terms of the total exports, while Israel saw its share reduced by -X% from 2007 to 2019, respectively.

In value terms, Turkey ($X) remains the largest needles and catheters supplier in the Middle East, comprising X% of total exports. The second position in the ranking was occupied by Israel ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

In Turkey, needles and catheters exports increased at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: Israel (+X% per year) and Saudi Arabia (+X% per year).

Export Prices by Country

In 2019, the needles and catheters export price in the Middle East amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2011 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2019, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Israel ($X per unit), while Lebanon ($X per unit) was amongst the lowest.

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

Needles And Catheters Imports

Imports in the Middle East

In 2019, the amount of needles, catheters, cannulae for medicine imported in the Middle East skyrocketed to X units, rising by X% compared with the previous year's figure. In general, imports saw measured growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, needles and catheters imports soared to $X in 2019. Overall, imports saw a buoyant increase. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. The level of import peaked in 2019 and is expected to retain growth in the near future.

Imports by Country

Iran was the major importer of needles, catheters, cannulae for medicine in the Middle East, with the volume of imports amounting to X units, which was approx. X% of total imports in 2019. The United Arab Emirates (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by Saudi Arabia (X%) and Turkey (X%). Iraq (X units), Israel (X units) and Palestine (X units) followed a long way behind the leaders.

Imports into Iran increased at an average annual rate of +X% from 2007 to 2019. At the same time, Palestine (+X%), Iraq (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Palestine emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +X% from 2007-2019. By contrast, Israel (-X%), Saudi Arabia (-X%) and Turkey (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Iran, the United Arab Emirates, Iraq and Palestine increased by +X%, +X%, +X% and +X% percentage points, while Israel (-X p.p.), Saudi Arabia (-X p.p.) and Turkey (-X p.p.) saw their share reduced.

In value terms, the largest needles and catheters importing markets in the Middle East were Saudi Arabia ($X), Turkey ($X) and Iran ($X), with a combined X% share of total imports. Israel, the United Arab Emirates, Iraq and Palestine lagged somewhat behind, together comprising a further X terms of the main importing countries, Iraq 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 needles and catheters import price in the Middle East stood at $X per unit in 2019, shrinking by -X% against the previous year. Overall, the import price, however, saw a buoyant increase. The growth pace was the most rapid in 2010 when the import price increased by X% year-to-year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Israel ($X per unit), while Palestine ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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