U.S.: Needles And Catheters Market 2021

Needles And Catheters Market Size in the U.S.

The U.S. needles and catheters market rose to $X in 2019, picking up by X% against the previous year. In general, consumption continues to indicate prominent growth. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2018 to 2019, the growth of the market failed to regain the momentum.

Needles And Catheters Production in the U.S.

In value terms, needles and catheters production expanded modestly to $X in 2019. Overall, production showed a buoyant expansion. The growth pace was the most rapid in 2013 when the production volume increased by X% y-o-y. Needles and catheters production peaked in 2019 and is likely to see steady growth in the near future.

Needles And Catheters Exports

Exports from the U.S.

In 2019, shipments abroad of needles, catheters, cannulae for medicine increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Exports peaked at X units in 2008; however, from 2009 to 2019, exports remained at a lower figure.

In value terms, needles and catheters exports fell modestly to $X in 2019. Over the period under review, total exports indicated a resilient expansion 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 2007 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Exports peaked at $X in 2018, and then contracted slightly in the following year.

Exports by Country

The Netherlands (X units), China (X units) and Belgium (X units) were the main destinations of needles and catheters exports from the U.S., together comprising X% of total exports.

From 2007 to 2019, the biggest increases were in China, while shipments for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), China ($X) and Belgium ($X) appeared to be the largest markets for needles and catheters exported from the U.S. worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, China recorded 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, remaining stable against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. The export price peaked at $X per unit in 2017; however, from 2018 to 2019, export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2019, the countries with the highest prices were Mexico ($X per unit) and Japan ($X per unit), while the average price for exports to Australia ($X per unit) and Singapore ($X per unit) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Mexico, while the prices for the other major destinations experienced more modest paces of growth.

Needles And Catheters Imports

Imports into the U.S.

After two years of decline, overseas purchases of needles, catheters, cannulae for medicine increased by X% to X units in 2019. Over the period under review, imports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at X units in 2008; however, from 2009 to 2019, imports remained at a lower figure.

In value terms, needles and catheters imports soared to $X in 2019. Overall, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Imports peaked in 2019 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2019, Mexico (X units) constituted the largest supplier of needles and catheters to the U.S., with a X% share of total imports. Moreover, needles and catheters imports from Mexico exceeded the figures recorded by the second-largest supplier, Ireland (X units), threefold. Costa Rica (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 Mexico amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (-X% per year) and Costa Rica (+X% per year).

In value terms, Mexico ($X) constituted the largest supplier of needles and catheters to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Ireland ($X), with a X% share of total imports. It was followed by Costa Rica, with a X% share.

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

Import Prices by Country

The average needles and catheters import price stood at $X per unit in 2019, surging by X% against the previous year. In general, the import price continues to indicate significant growth. The growth pace was the most rapid in 2010 an increase of X% year-to-year. The import price peaked in 2019 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2019, the highest prices were recorded for prices from Mexico ($X per unit) and Thailand ($X per unit), while the price for China ($X per unit) and Germany ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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