United Kingdom: Needles And Catheters Market 2021

Needles And Catheters Market Size in the UK

The UK needles and catheters market expanded remarkably to $X in 2019, increasing by X% against the previous year. Overall, consumption, however, saw a deep downturn. The most prominent rate of growth was recorded in 2013 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Needles And Catheters Production in the UK

In value terms, needles and catheters production expanded to $X in 2019 estimated in export prices. Overall, production showed a noticeable downturn. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, production attained the peak level of $X. From 2012 to 2019, production growth remained at a lower figure.

Needles And Catheters Exports

Exports from the UK

Needles and catheters exports from the UK declined significantly to X units in 2019, shrinking by -X% against 2018. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Exports peaked at X units in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, needles and catheters exports totaled $X in 2019. In general, exports saw a temperate expansion. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Exports peaked at $X in 2013; however, from 2014 to 2019, exports remained at a lower figure.

Exports by Country

Belgium (X units) was the main destination for needles and catheters exports from the UK, with a X% share of total exports. Moreover, needles and catheters exports to Belgium exceeded the volume sent to the second major destination, India (X units), sixfold. The Netherlands (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Belgium was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+X% per year) and the Netherlands (-X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value to Belgium stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (-X% per year) and the Netherlands (+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. In general, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was the U.S. ($X per unit), while the average price for exports to China ($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 the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Needles And Catheters Imports

Imports into the UK

In 2019, supplies from abroad of needles, catheters, cannulae for medicine decreased by -X% to X units, falling for the third year in a row after three years of growth. Over the period under review, imports showed a sharp downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X units in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, needles and catheters imports expanded remarkably to $X in 2019. Overall, imports recorded a slight decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X units), Germany (X units) and Belgium (X units) were the main suppliers of needles and catheters imports to the UK, with a combined X% share of total imports. These countries were followed by Hungary, Malaysia, France, Sweden, the U.S., China and India, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest needles and catheters suppliers to the UK were the Netherlands ($X), Germany ($X) and Belgium ($X), with a combined X% share of total imports. These countries were followed by Hungary, France, Sweden, the U.S., China, Malaysia and India, which together accounted for a further X (+X% per year) saw the highest rates of growth with regard to 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, surging by X% against the previous year. Overall, the import price posted a significant expansion. The pace of growth was the most pronounced in 2011 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2019 and is likely to see gradual growth in years to come.

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