Norway: Syringe Market 2024

Syringe Market Size in Norway

The Norwegian syringe market contracted to $X in 2022, with a decrease of -2.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -10.7% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Syringe Exports

Exports from Norway

In 2022, approx. X units of syringes, with or without needles were exported from Norway; standing approx. at 2021 figures. Over the period under review, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 45%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, syringe exports surged to $X in 2022. Overall, exports, however, posted pronounced growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X units), Poland (X units) and the Netherlands (X units) were the main destinations of syringe exports from Norway, with a combined 97% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +301.5%), while the other leaders experienced mixed trend patterns.

In value terms, Poland ($X) emerged as the key foreign market for syringes, with or without needles exports from Norway, comprising 70% of total exports. The second position in the ranking was held by Sweden ($X), with a 22% share of total exports. It was followed by the Netherlands, with a 3.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland stood at +347.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+48.2% per year) and the Netherlands (-15.3% per year).

Export Prices by Country

The average syringe export price stood at $X per unit in 2022, jumping by 391% against the previous year. Over the period under review, the export price posted significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+40.7%), while the prices for the other major destinations experienced more modest paces of growth.

Syringe Imports

Imports into Norway

In 2022, the amount of syringes, with or without needles imported into Norway fell modestly to X units, with a decrease of -2.3% compared with 2021 figures. The total import volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 17% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, syringe imports contracted to $X in 2022. Overall, total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +11.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 27% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Denmark (X units) constituted the largest syringe supplier to Norway, with a 24% share of total imports. Moreover, syringe imports from Denmark exceeded the figures recorded by the second-largest supplier, Sweden (X units), threefold. The third position in this ranking was taken by France (X units), with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume from Denmark totaled +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-11.6% per year) and France (+1.2% per year).

In value terms, France ($X), Denmark ($X) and the Netherlands ($X) were the largest syringe suppliers to Norway, together comprising 39% of total imports. Sweden, Germany, the UK, Belgium and Poland lagged somewhat behind, together comprising a further 9.4%.

Poland, with a CAGR of +129.9%, saw 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

In 2022, the average syringe import price amounted to $X per unit, remaining stable against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 27% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Poland (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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