South-Eastern Asia: Needles And Catheters Market 2021

Needles And Catheters Market Size in South-Eastern Asia

The Southeast Asian needles and catheters market dropped to $X in 2019, waning by -X% against the previous year. Over the period under review, consumption, however, posted a pronounced increase. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. As a result, consumption attained the peak level of $X. From 2013 to 2019, the growth of the market remained at a lower figure.

Needles And Catheters Production in South-Eastern Asia

In value terms, needles and catheters production soared to $X in 2019 estimated in export prices. In general, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2019, production remained at a lower figure.

Production By Country in South-Eastern Asia

The country with the largest volume of needles and catheters production was Malaysia (X units), accounting for X% of total volume. Moreover, needles and catheters production in Malaysia exceeded the figures recorded by the second-largest producer, Thailand (X units), fourfold. The third position in this ranking was occupied by Vietnam (X units), with a X% share.

In Malaysia, needles and catheters production increased at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Thailand (+X% per year) and Vietnam (-X% per year).

Needles And Catheters Exports

Exports in South-Eastern Asia

Needles and catheters exports amounted to X units in 2019, growing by X% on the previous year's figure. Total exports indicated temperate growth from 2007 to 2019: its volume 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, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum at X units in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

In value terms, needles and catheters exports amounted to $X in 2019. Overall, exports posted resilient growth. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. The level of export peaked in 2019 and is expected to retain growth in the near future.

Exports by Country

Malaysia represented the key exporter of needles, catheters, cannulae for medicine in South-Eastern Asia, with the volume of exports reaching X units, which was approx. X% of total exports in 2019. It was distantly followed by Thailand (X units), making up a X% share of total exports. The following exporters - Vietnam (X units) and Singapore (X units) - each finished at a X% share of total exports.

Malaysia was also the fastest-growing in terms of the needles, catheters, cannulae for medicine exports, with a CAGR of +X% from 2007 to 2019. At the same time, Thailand (+X%) and Vietnam (+X%) displayed positive paces of growth. By contrast, Singapore (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of Malaysia and Thailand increased by +X% and +X% percentage points, while Singapore (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X), Singapore ($X) and Vietnam ($X) constituted the countries with the highest levels of exports in 2019, together accounting for X% of total exports.

Vietnam saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the needles and catheters export price in South-Eastern Asia amounted to $X per unit, growing by X% against the previous year. Export price indicated a resilient expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, needles and catheters export price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. Over the period under review, export prices reached 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 amongst the major exporting countries. In 2019, the country with the highest price was Singapore ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Singapore, while the other leaders experienced mixed trends in the export price figures.

Needles And Catheters Imports

Imports in South-Eastern Asia

Needles and catheters imports dropped remarkably to X units in 2019, declining by -X% compared with 2018 figures. Total imports indicated a slight increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure at X units in 2018, and then shrank significantly in the following year.

In value terms, needles and catheters imports dropped to $X in 2019. Over the period under review, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. The level of import peaked at $X in 2018, and then contracted in the following year.

Imports by Country

The purchases of the five major importers of needles, catheters, cannulae for medicine, namely Malaysia, Indonesia, Vietnam, Singapore and Thailand, represented more than two-thirds of total import. It was distantly followed by the Philippines (X units), creating a X% share of total imports. Myanmar (X units) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Myanmar, while imports for the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Malaysia ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2019, together comprising X% of total imports.

Among the main importing countries, Thailand saw the highest growth rate of 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

The needles and catheters import price in South-Eastern Asia stood at $X per unit in 2019, picking up by X% against the previous year. In general, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2013 to 2019, the growth in terms of the import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :