Report Update Nov 1, 2024

Philippines - Needles, Catheters, Cannulae for Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Needles And Catheters Market 2021

Needles And Catheters Market Size in the Philippines

The Philippine needles and catheters market was finally on the rise to reach $X in 2019, after two years of decline. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Needles and catheters consumption peaked at $X in 2008; however, from 2009 to 2019, consumption stood at a somewhat lower figure.

Needles And Catheters Exports

Exports from the Philippines

For the fourth consecutive year, the Philippines recorded growth in shipments abroad of needles, catheters, cannulae for medicine, which increased by X% to X units in 2019. Over the period under review, exports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at X units in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, needles and catheters exports surged to $X in 2019. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2013 to 2019, the growth exports remained at a lower figure.

Exports by Country

South Africa (X units), Japan (X units) and Malaysia (X units) were the main destinations of needles and catheters exports from the Philippines, together accounting for X% of total exports.

From 2007 to 2019, the biggest increases were in South Africa, while shipments for the other leaders experienced mixed trend patterns.

In value terms, Japan ($X) remains the key foreign market for needles and catheters exports from the Philippines, comprising X% of total exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Japan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+X% per year) and Malaysia (-X% per year).

Export Prices by Country

In 2019, the average needles and catheters export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price posted a significant increase. The pace of growth was the most pronounced in 2009 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

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

Needles And Catheters Imports

Imports into the Philippines

After two years of decline, supplies from abroad of needles, catheters, cannulae for medicine increased by X% to X units in 2019. Overall, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. Imports peaked at X units in 2008; however, from 2009 to 2019, imports remained at a lower figure.

In value terms, needles and catheters imports soared to $X in 2019. In general, imports, however, enjoyed a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2019, Japan (X units) constituted the largest supplier of needles and catheters to the Philippines, with a X% share of total imports. Moreover, needles and catheters imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), tenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Japan stood at +X%.

In value terms, the largest needles and catheters suppliers to the Philippines were China ($X) and Japan ($X), with a combined X% share of total imports.

Among the main suppliers, China recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average needles and catheters import price stood at $X per unit in 2019, increasing by X% against the previous year. In general, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2012 when the average import price increased by X% year-to-year. The import price peaked in 2019 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was China ($X per unit), while the price for Japan stood at $X per unit.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for needles, catheters, cannulae for medicine in the world?

El Salvador constituted the country with the largest volume of needles and catheters consumption, accounting for 36% of total volume. Moreover, needles and catheters consumption in El Salvador exceeded the figures recorded by the second-largest consumer, French Polynesia, twofold. China ranked third in terms of total consumption with a 8.7% share.

What are the largest producers of needles, catheters, cannulae for medicine in the world?

China remains the largest needles and catheters producing country worldwide, accounting for 28% of total volume. Moreover, needles and catheters production in China exceeded the figures recorded by the second-largest producer, Slovakia, threefold. The U.S. ranked third in terms of total production with a 8.5% share.

What are the leading suppliers of needles, catheters, cannulae for medicine to the Philippines?

In value terms, China and Japan constituted the largest needles and catheters suppliers to the Philippines, with a combined 20% share of total imports.

What are the leading importers of needles, catheters, cannulae for medicine from the Philippines?

In value terms, Japan remains the key foreign market for needles and catheters exports from the Philippines, comprising 69% of total exports. The second position in the ranking was occupied by South Africa, with a 0.1% share of total exports.

What is the average export price for needles, catheters, cannulae for medicine in the Philippines?

In 2019, the average needles and catheters export price amounted to $5.3 per unit, rising by 32% against the previous year.

What is the average import price for needles, catheters, cannulae for medicine in the Philippines?

The average needles and catheters import price stood at $0.7 per unit in 2019, growing by 47% against the previous year.

This report provides an in-depth analysis of the needles and catheters market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Prodcom 32501317 - Needles, catheters, cannulae and the like used in medical, s urgical, dental or veterinary sciences (excluding tubular metal needles and needles for sutures)

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023