Uruguay: Needles And Catheters Market 2021

Needles And Catheters Market Size in Uruguay

In 2019, after two years of growth, there was significant decline in the Uruguayan needles and catheters market, when its value decreased by -X% to $X. Overall, consumption, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. Needles and catheters consumption peaked at $X in 2015; however, from 2016 to 2019, consumption failed to regain the momentum.

Needles And Catheters Exports

Exports from Uruguay

In 2019, the amount of needles, catheters, cannulae for medicine exported from Uruguay skyrocketed to X units, rising by X% against 2018. Over the period under review, exports, however, showed a perceptible downturn. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. As a result, exports attained the peak of X units. From 2009 to 2019, the growth exports remained at a lower figure.

In value terms, needles and catheters exports dropped remarkably to $X in 2019. In general, exports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

Argentina (X units) was the main destination for needles and catheters exports from Uruguay, accounting for a X% share of total exports. Moreover, needles and catheters exports to Argentina exceeded the volume sent to the second major destination, Brazil (X units), twofold.

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

In value terms, Argentina ($X), Brazil ($X) and Germany ($X) constituted the largest markets for needles and catheters exported from Uruguay worldwide, with a combined X% share of total exports.

Argentina saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2019, the average needles and catheters export price amounted to $X per unit, declining by -X% against the previous year. Over the period under review, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% y-o-y. The export price peaked at $X per unit in 2016; however, from 2017 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Brazil ($X per unit), while the average price for exports to Germany ($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 Germany, while the prices for the other major destinations experienced a decline.

Needles And Catheters Imports

Imports into Uruguay

Needles and catheters imports into Uruguay fell to X units in 2019, with a decrease of -X% against the previous year's figure. In general, imports, however, recorded slight growth. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X units in 2009; however, from 2010 to 2019, imports stood at a somewhat lower figure.

In value terms, needles and catheters imports expanded modestly to $X in 2019. Over the period under review, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. From 2016 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, the U.S. (X units) constituted the largest supplier of needles and catheters to Uruguay, with a X% share of total imports. Moreover, needles and catheters imports from the U.S. exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was occupied by Malaysia (X units), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Malaysia (+X% per year).

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

From 2007 to 2019, the average annual growth rate of value from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and China (+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. Overall, import price indicated a perceptible expansion from 2007 to 2019: its price increased 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. Based on 2019 figures, needles and catheters import price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2010 when the average import price increased by X% year-to-year. The import price peaked in 2019 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per unit), while the price for India ($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, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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