Portugal: Needles And Catheters Market 2021

Needles And Catheters Market Size in Portugal

The Portuguese needles and catheters market contracted to $X in 2019, leveling off at the previous year. Over the period under review, consumption, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2008; however, from 2009 to 2019, consumption remained at a lower figure.

Needles And Catheters Production in Portugal

In value terms, needles and catheters production shrank to $X in 2019 estimated in export prices. In general, production showed a abrupt decrease. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Needles and catheters production peaked at $X in 2007; however, from 2008 to 2019, production remained at a lower figure.

Needles And Catheters Exports

Exports from Portugal

In 2019, exports of needles, catheters, cannulae for medicine from Portugal amounted to X units, approximately reflecting 2018. Over the period under review, exports showed a noticeable expansion. The growth pace was the most rapid in 2015 with an increase of X% y-o-y. As a result, exports reached the peak of X units. From 2016 to 2019, the growth exports failed to regain the momentum.

In value terms, needles and catheters exports rose significantly to $X in 2019. Overall, exports saw resilient growth. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2016 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Chile (X units) was the main destination for needles and catheters exports from Portugal, accounting for a X% share of total exports. Moreover, needles and catheters exports to Chile exceeded the volume sent to the second major destination, Argentina (X units), fivefold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Chile stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+X% per year) and Brazil (-X% per year).

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

From 2007 to 2019, the average annual growth rate of value to Brazil stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (+X% per year) and Chile (-X% per year).

Export Prices by Country

In 2019, the average needles and catheters export price amounted to $X per unit, surging by X% against the previous year. In general, the export price saw a prominent increase. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. As a result, export price reached the peak level of $X per unit. From 2011 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Brazil ($X per unit), while the average price for exports to Chile ($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 Brazil, while the prices for the other major destinations experienced a decline.

Needles And Catheters Imports

Imports into Portugal

Needles and catheters imports into Portugal was estimated at X units in 2019, flattening at the year before. Over the period under review, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Imports peaked at X units in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

In value terms, needles and catheters imports dropped to $X in 2019. In general, total imports indicated a measured increase from 2007 to 2019: its value decreased 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, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2018, and then fell modestly in the following year.

Imports by Country

In 2019, China (X units) constituted the largest needles and catheters supplier to Portugal, 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), eightfold.

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

In value terms, China ($X) constituted the largest supplier of needles and catheters to Portugal, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports.

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

Import Prices by Country

In 2019, the average needles and catheters import price amounted to $X per unit, shrinking by -X% against the previous year. Overall, the import price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per unit. From 2018 to 2019, the growth in terms of the average import prices remained at a lower figure.

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

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