Ukraine: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Ukraine

The Ukrainian needles, catheters, cannulae market skyrocketed to $X in 2021, picking up by 22% 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). In general, the total consumption indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +97.8% against 2016 indices. Over the period under review, the market reached the peak level in 2021 and is likely to see steady growth in years to come.

Needles, Catheters, Cannulae Exports

Exports from Ukraine

In 2021, overseas shipments of needles, catheters, cannulae increased by 13% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports recorded a tangible increase. The most prominent rate of growth was recorded in 2015 when exports increased by 211%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, needles, catheters, cannulae exports surged to $X in 2021. Overall, exports showed a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 117% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Turkey (X units) was the main destination for needles, catheters, cannulae exports from Ukraine, with a 42% share of total exports. Moreover, needles, catheters, cannulae exports to Turkey exceeded the volume sent to the second major destination, Moldova (X units), twofold. China (X units) ranked third in terms of total exports with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey totaled +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Moldova (+14.4% per year) and China (+101.8% per year).

In value terms, China ($X), Moldova ($X) and Italy ($X) constituted the largest markets for needles, catheters, cannulae exported from Ukraine worldwide, with a combined 64% share of total exports. These countries were followed by Turkey, Georgia, Lithuania, Bulgaria, Russia, Azerbaijan and Ghana, which together accounted for a further 25%.

Among the main countries of destination, Bulgaria, with a CAGR of +83.7%, 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

In 2021, the average needles, catheters, cannulae export price amounted to $X per unit, increasing by 25% against the previous year. Overall, the export price continues to indicate temperate growth. The pace of growth was the most pronounced in 2013 an increase of 130%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Ghana (less than $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 Russia (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Needles, Catheters, Cannulae Imports

Imports into Ukraine

Needles, catheters, cannulae imports into Ukraine skyrocketed to X units in 2021, growing by 17% compared with the previous year's figure. In general, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +5.9% 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 +128.4% against 2014 indices. The pace of growth was the most pronounced in 2015 with an increase of 17% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, needles, catheters, cannulae imports surged to $X in 2021. Over the period under review, total imports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.5% 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 +102.3% against 2016 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 41% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest needles, catheters, cannulae supplier to Ukraine, with a 37% share of total imports. Moreover, needles, catheters, cannulae imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), fourfold. The third position in this ranking was taken by Italy (X units), with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +6.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+23.7% per year) and Italy (+17.7% per year).

In value terms, the largest needles, catheters, cannulae suppliers to Ukraine were China ($X), the United States ($X) and Germany ($X), with a combined 41% share of total imports. Poland, India, Austria, Italy, Malaysia, Turkey, Thailand, the UK, Egypt and Lebanon lagged somewhat behind, together accounting for a further 26%.

Turkey, with a CAGR of +64.4%, recorded 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

In 2021, the average needles, catheters, cannulae import price amounted to $X per unit, surging by 5.3% against the previous year. Overall, the import price, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of 21%. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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 United States ($X per unit), while the price for Lebanon (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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