Spain: Needles And Catheters Market 2021

Needles And Catheters Market Size in Spain

The Spanish needles and catheters market declined sharply to $X in 2019, with a decrease of -X% against the previous year. Overall, consumption saw a abrupt decline. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2009 to 2019, the growth of the market failed to regain the momentum.

Needles And Catheters Production in Spain

In value terms, needles and catheters production declined dramatically to $X in 2019 estimated in export prices. In general, production, however, saw a mild descent. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2014 to 2019, production growth remained at a lower figure.

Needles And Catheters Exports

Exports from Spain

In 2019, the amount of needles, catheters, cannulae for medicine exported from Spain expanded markedly to X units, increasing by X% compared with the previous year. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Exports peaked at X units in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, needles and catheters exports fell slightly to $X in 2019. Over the period under review, total exports indicated a buoyant 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, exports increased by +X% against 2010 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2018, and then shrank in the following year.

Exports by Country

Brazil (X units) was the main destination for needles and catheters exports from Spain, accounting for a X% share of total exports. Moreover, needles and catheters exports to Brazil exceeded the volume sent to the second major destination, India (X units), fivefold. The third position in this ranking was occupied by China (X units), with a X% share.

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

In value terms, the largest markets for needles and catheters exported from Spain were Russia ($X), Brazil ($X) and India ($X), together comprising X% of total exports.

Among the main countries of destination, Russia saw the highest rates of growth with regard to 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 needles and catheters export price stood at $X per unit in 2019, declining by -X% against the previous year. Overall, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. As a result, export price reached the peak level of $X per unit. From 2012 to 2019, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Russia ($X per unit), while the average price for exports to Brazil ($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 Russia, while the prices for the other major destinations experienced a decline.

Needles And Catheters Imports

Imports into Spain

In 2019, overseas purchases of needles, catheters, cannulae for medicine increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. 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 shrank modestly to $X in 2019. In general, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. Imports peaked at $X in 2018, and then shrank modestly in the following year.

Imports by Country

In 2019, China (X units) constituted the largest needles and catheters supplier to Spain, accounting for a X% share of total imports. Moreover, needles and catheters imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. India (X units) ranked third in terms of total imports with a X% share.

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

In value terms, Japan ($X), China ($X) and India ($X) constituted the largest needles and catheters suppliers to Spain, together comprising X% of total imports. These countries were followed by Taiwan (Chinese), which accounted for a further X terms of the main suppliers, Taiwan (Chinese) 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

In 2019, the average needles and catheters import price amounted to $X per unit, approximately reflecting the previous year. Over the period under review, the import price, however, showed a prominent expansion. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. 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 failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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