Turkey: Needles And Catheters Market 2021

Needles And Catheters Market Size in Turkey

The Turkish needles and catheters market surged to $X in 2019, picking up by X% against the previous year. Over the period under review, consumption saw a notable expansion. The growth pace was the most rapid in 2011 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs in 2019 and is likely to see gradual growth in the near future.

Needles And Catheters Production in Turkey

In value terms, needles and catheters production skyrocketed to $X in 2019 estimated in export prices. Over the period under review, production recorded significant growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Needles and catheters production peaked in 2019 and is expected to retain growth in the near future.

Needles And Catheters Exports

Exports from Turkey

For the eighth year in a row, Turkey recorded growth in overseas shipments of needles, catheters, cannulae for medicine, which increased by X% to X units in 2019. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-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 skyrocketed to $X in 2019. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum in 2019 and are likely to continue growth in the immediate term.

Exports by Country

Georgia (X units), the Netherlands (X units) and Germany (X units) were the main destinations of needles and catheters exports from Turkey, together accounting for X% of total exports. These countries were followed by Sweden, Pakistan, India, Iran, Italy, the U.S., China, Cyprus, the UK and Tunisia, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for needles and catheters exports from Turkey, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2019, the average annual growth rate of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Germany (+X% per year).

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. Overall, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2011 an increase of X% y-o-y. The export price peaked in 2019 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per unit), while the average price for exports to Tunisia ($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 China, while the prices for the other major destinations experienced more modest paces of growth.

Needles And Catheters Imports

Imports into Turkey

In 2019, approx. X units of needles, catheters, cannulae for medicine were imported into Turkey; increasing by X% compared with 2018 figures. Over the period under review, imports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X units in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

In value terms, needles and catheters imports rose remarkably to $X in 2019. Overall, total imports indicated a strong expansion from 2007 to 2019: its value decreased 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 appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, India (X units) constituted the largest supplier of needles and catheters to Turkey, accounting for a X% share of total imports. Moreover, needles and catheters imports from India exceeded the figures recorded by the second-largest supplier, the U.S. (X units), more than tenfold. 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 from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and China (-X% per year).

In value terms, the largest needles and catheters suppliers to Turkey were the U.S. ($X), China ($X) and Mexico ($X), with a combined X% share of total imports.

Mexico saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average needles and catheters import price stood at $X per unit in 2019, rising by X% against the previous year. In general, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2019, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, 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 China (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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