Saudi Arabia: Needles And Catheters Market 2021

Needles And Catheters Market Size in Saudi Arabia

The Saudi needles and catheters market surged to $X in 2019, increasing 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). Over the period under review, consumption, however, saw a slight curtailment. Needles and catheters consumption peaked at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Needles And Catheters Exports

Exports from Saudi Arabia

Needles and catheters exports from Saudi Arabia contracted sharply to X units in 2019, falling by -X% on 2018 figures. In general, exports, however, showed a prominent increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, exports reached the peak of X units, and then dropped notably in the following year.

In value terms, needles and catheters exports soared to $X in 2019. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

Iran (X units), the Netherlands (X units) and Qatar (X units) were the main destinations of needles and catheters exports from Saudi Arabia, together comprising X% of total exports. Oman, Malaysia, the United Arab Emirates, Bahrain, Algeria, Germany, the U.S. and Lebanon lagged somewhat behind, together accounting for a further X 2007 to 2019, the biggest increases were in Malaysia (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iran ($X), the Netherlands ($X) and Qatar ($X) constituted the largest markets for needles and catheters exported from Saudi Arabia worldwide, with a combined X% share of total exports. Oman, Malaysia, the United Arab Emirates, Algeria, Bahrain, Germany, the U.S. and Lebanon lagged somewhat behind, together accounting for a further X (+X% per year) recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average needles and catheters export price stood at $X per unit in 2019, surging by X% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. Over the period under review, average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Algeria ($X per unit), while the average price for exports to Qatar ($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 Oman, while the prices for the other major destinations experienced more modest paces of growth.

Needles And Catheters Imports

Imports into Saudi Arabia

In 2019, approx. X units of needles, catheters, cannulae for medicine were imported into Saudi Arabia; rising by X% compared with the year before. Over the period under review, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

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

Imports by Country

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

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

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

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

Import Prices by Country

In 2019, the average needles and catheters import price amounted to $X per unit, declining by -X% against the previous year. Overall, the import price, however, posted a buoyant increase. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. The import price peaked at $X per unit in 2016; however, from 2017 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; 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 the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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