United Kingdom: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in the UK

The UK needles, catheters, cannulae market skyrocketed to $X in 2021, growing by 100% against the previous year. Overall, consumption saw a resilient increase. Needles, catheters, cannulae consumption peaked in 2021 and is likely to continue growth in the near future.

Needles, Catheters, Cannulae Production in the UK

In value terms, needles, catheters, cannulae production reduced notably to $X in 2021 estimated in export price. Over the period under review, production showed a deep contraction. The pace of growth appeared the most rapid in 2013 when the production volume increased by 17%. Needles, catheters, cannulae production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Needles, Catheters, Cannulae Exports

Exports from the UK

In 2021, needles, catheters, cannulae exports from the UK shrank remarkably to X units, falling by -73.5% against 2020 figures. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 29%. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, needles, catheters, cannulae exports declined significantly to $X in 2021. Overall, exports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 when exports increased by 30%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units), the United States (X units) and Ireland (X units) were the main destinations of needles, catheters, cannulae exports from the UK, together comprising 59% of total exports.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +45.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), the United States ($X) and Ireland ($X) constituted the largest markets for needles, catheters, cannulae exported from the UK worldwide, together accounting for 57% of total exports.

The Netherlands, with a CAGR of +24.5%, 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

In 2021, the average needles, catheters, cannulae export price amounted to $X per unit, picking up by 157% against the previous year. Over the period under review, the export price recorded a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Belgium ($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 the United Arab Emirates (+0.2%), while the prices for the other major destinations experienced a decline.

Needles, Catheters, Cannulae Imports

Imports into the UK

In 2021, the amount of needles, catheters, cannulae imported into the UK surged to X units, rising by 40% compared with the year before. Over the period under review, imports showed resilient growth. The growth pace was the most rapid in 2020 with an increase of 42%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, needles, catheters, cannulae imports shrank to $X in 2021. The total import value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 15% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (X units) constituted the largest supplier of needles, catheters, cannulae to the UK, accounting for a 12% share of total imports. Moreover, needles, catheters, cannulae imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was taken by Austria (X units), with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.8% per year) and Austria (+16.4% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of needles, catheters, cannulae to the UK, comprising 30% of total imports. The second position in the ranking was held by Germany ($X), with a 6.8% share of total imports. It was followed by the United States, with a 3.1% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.2% per year) and the United States (-6.4% per year).

Import Prices by Country

In 2021, the average needles, catheters, cannulae import price amounted to $X per unit, dropping by -30.7% against the previous year. In general, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 14% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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