Russian Federation: Syringe Market 2024

Syringe Market Size in the Russian Federation

In 2022, after four years of growth, there was decline in the Russian syringe market, when its value decreased by -4.8% to $X. In general, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +44.3% against 2017 indices. Syringe consumption peaked at $X in 2021, and then dropped in the following year.

Syringe Production in the Russian Federation

In value terms, syringe production rose slightly to $X in 2022 estimated in export price. Overall, the total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.5% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of 40% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Syringe Exports

Exports from the Russian Federation

In 2022, syringe exports from Russia contracted to X units, with a decrease of -12.2% on the previous year. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 258% against the previous year. The exports peaked at X units in 2021, and then shrank in the following year.

In value terms, syringe exports dropped markedly to $X in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2016 when exports increased by 114%. Over the period under review, the exports attained the maximum at $X in 2021, and then fell notably in the following year.

Exports by Country

Ukraine (X units), Turkmenistan (X units) and Belarus (X units) were the main destinations of syringe exports from Russia, with a combined 90% share of total exports. Kazakhstan, Mongolia and Moldova lagged somewhat behind, together accounting for a further 9.5%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mongolia (with a CAGR of +143.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for syringe exported from Russia were Ukraine ($X), Turkmenistan ($X) and Belarus ($X), together accounting for 75% of total exports. Kazakhstan, Mongolia and Moldova lagged somewhat behind, together comprising a further 19%.

In terms of the main countries of destination, Mongolia, with a CAGR of +143.9%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average syringe export price stood at $X per unit in 2022, reducing by -4% against the previous year. Overall, the export price continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2020 when the average export price increased by 22%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to Turkmenistan (less than $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 Kazakhstan (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

Syringe Imports

Imports into the Russian Federation

In 2022, the amount of syringes, with or without needles imported into Russia soared to X units, picking up by 17% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 36%. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, syringe imports fell to $X in 2022. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +3.0% 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 +53.0% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 37%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

Germany (X units), China (X units) and Kazakhstan (X units) were the main suppliers of syringe imports to Russia, with a combined 90% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +81.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest syringe suppliers to Russia were Germany ($X), China ($X) and Switzerland ($X), with a combined 73% share of total imports. France, Kazakhstan and Spain lagged somewhat behind, together comprising a further 12%.

In terms of the main suppliers, Kazakhstan, with a CAGR of +112.2%, recorded the highest rates of growth with regard to 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

In 2022, the average syringe import price amounted to $X per thousand units, waning by -20.8% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, syringe import price increased by +27.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 57% against the previous year. As a result, import price attained the peak level of $X per thousand units, and then fell markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per thousand units), while the price for Kazakhstan ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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