Spain: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Spain

The Spanish needles, catheters, cannulae market was estimated at $X in 2021, therefore, remained relatively stable 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). The market value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Needles, Catheters, Cannulae Exports

Exports from Spain

In 2021, shipments abroad of needles, catheters, cannulae increased by 9.4% to X units, rising for the second year in a row after two years of decline. Overall, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 41%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, needles, catheters, cannulae exports expanded notably to $X in 2021. Over the period under review, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +38.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 30% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Belgium (X units), France (X units) and the United States (X units) were the main destinations of needles, catheters, cannulae exports from Spain, with a combined 57% share of total exports. These countries were followed by Portugal, Germany, the Netherlands, Poland, Japan, the UK and Italy, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +53.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for needles, catheters, cannulae exported from Spain were Belgium ($X), the United States ($X) and Portugal ($X), with a combined 47% share of total exports. These countries were followed by France, Germany, the UK, the Netherlands, Japan, Italy and Poland, which together accounted for a further 24%.

Japan, with a CAGR of +59.4%, saw 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, catheters, cannulae export price stood at $X per unit in 2021, declining by -2.7% against the previous year. Overall, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2016 an increase of 16% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Needles, Catheters, Cannulae Imports

Imports into Spain

In 2021, supplies from abroad of needles, catheters, cannulae decreased by -0.6% to X units, falling for the second consecutive year after three years of growth. The total import volume increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by 23%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, needles, catheters, cannulae imports expanded rapidly to $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +98.0% against 2012 indices. The pace of growth was the most pronounced in 2013 with an increase of 31% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

China (X units), the Netherlands (X units) and Germany (X units) were the main suppliers of needles, catheters, cannulae imports to Spain, with a combined 37% share of total imports. These countries were followed by Austria, the United States, Thailand, Ireland, Belgium, Hungary, France, Italy, Portugal and Slovakia, which together accounted for a further 41%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +45.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of needles, catheters, cannulae to Spain, comprising 30% of total imports. The second position in the ranking was taken by the United States ($X), with an 11% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands stood at +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.8% per year) and Germany (+5.9% per year).

Import Prices by Country

In 2021, the average needles, catheters, cannulae import price amounted to $X per unit, with an increase of 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.5%. The pace of growth was the most pronounced in 2020 when the average import price increased by 21% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Portugal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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