Peru: Needles And Catheters Market 2021

Needles And Catheters Market Size in Peru

The Peruvian needles and catheters market rose significantly to $X in 2019, picking up by X% 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). Overall, consumption showed a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Needles and catheters consumption peaked in 2019 and is expected to retain growth in the near future.

Needles And Catheters Exports

Exports from Peru

Needles and catheters exports from Peru declined rapidly to X units in 2019, with a decrease of -X% compared with the previous year's figure. In general, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2013 when exports increased by X% year-to-year. As a result, exports reached the peak of X units. From 2014 to 2019, the growth exports failed to regain the momentum.

In value terms, needles and catheters exports shrank rapidly to $X in 2019. Overall, exports, however, recorded a strong increase. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum at $X in 2018, and then contracted significantly in the following year.

Exports by Country

Bolivia (X units) was the main destination for needles and catheters exports from Peru, accounting for a X% share of total exports. Moreover, needles and catheters exports to Bolivia exceeded the volume sent to the second major destination, Switzerland (X units), more than tenfold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Bolivia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and Germany (+X% per year).

In value terms, Bolivia ($X) emerged as the key foreign market for needles and catheters exports from Peru, comprising X% of total exports. The second position in the ranking was occupied by Switzerland ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Bolivia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+X% per year) and Germany (+X% per year).

Export Prices by Country

The average needles and catheters export price stood at $X per unit in 2019, reducing by -X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% year-to-year. As a result, export price attained the peak level of $X per unit. From 2015 to 2019, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Bolivia ($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 Uruguay, while the prices for the other major destinations experienced mixed trend patterns.

Needles And Catheters Imports

Imports into Peru

Needles and catheters imports into Peru rose slightly to X units in 2019, growing by X% compared with the year before. Over the period under review, imports continue to indicate strong growth. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

In value terms, needles and catheters imports expanded rapidly to $X in 2019. Overall, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2019 and are likely to see steady growth in the immediate term.

Imports by Country

In 2019, China (X units) constituted the largest supplier of needles and catheters to Peru, with a X% share of total imports. Moreover, needles and catheters imports from China exceeded the figures recorded by the second-largest supplier, India (X units), threefold. The third position in this ranking was occupied by the U.S. (X units), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and the U.S. (+X% per year).

In value terms, the largest needles and catheters suppliers to Peru were China ($X), the U.S. ($X) and Malaysia ($X), together accounting for X% of total imports. Japan, India, Brazil and Colombia lagged somewhat behind, together comprising a further X recorded the highest growth rate of the value of imports, among 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 2019, the average needles and catheters import price amounted to $X per unit, rising by X% against the previous year. In general, import price indicated a tangible increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, needles and catheters import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. The import price peaked at $X per unit in 2011; however, from 2012 to 2019, import prices failed to regain the momentum.

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. ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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