Asia-Pacific: Needles, Catheters, Cannulae Market 2024

Needles, Catheters, Cannulae Market Size in Asia-Pacific

For the third year in a row, the Asia-Pacific needles, catheters, cannulae market recorded growth in sales value, which increased by X% to $X in 2022. The total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Needles, Catheters, Cannulae Production in Asia-Pacific

In value terms, needles, catheters, cannulae production totaled $X in 2022 estimated in export price. The total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2015 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The level of production peaked in 2022 and is expected to retain growth in the near future.

Needles, Catheters, Cannulae Exports

Exports in Asia-Pacific

In 2022, after two years of decline, there was significant growth in shipments abroad of needles, catheters, cannulae, when their volume increased by X% to X units. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, needles, catheters, cannulae exports expanded significantly to $X in 2022. Total exports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2019 with an increase of X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

China (X units) and Malaysia (X units) represented roughly X% of total exports in 2022. Thailand (X units) held the next position in the ranking, distantly followed by Singapore (X units) and Japan (X units). All these countries together held near X% share of total exports. India (X units) and Taiwan (Chinese) (X units) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Malaysia ($X) and Japan ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Singapore, India, Thailand and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, reducing by X% against the previous year. Export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, needles, catheters, cannulae export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Needles, Catheters, Cannulae Imports

Imports in Asia-Pacific

After two years of decline, overseas purchases of needles, catheters, cannulae increased by X% to X units in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, needles, catheters, cannulae imports rose modestly to $X in 2022. Total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Japan (X units), distantly followed by China (X units), South Korea (X units), Vietnam (X units) and Malaysia (X units) represented the main importers of needles, catheters, cannulae, together mixing up X% of total imports. Thailand (X units), Taiwan (Chinese) (X units), Indonesia (X units), India (X units), Pakistan (X units), Australia (X units), Singapore (X units) and the Philippines (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest needles, catheters, cannulae importing markets in Asia-Pacific were China ($X), Japan ($X) and South Korea ($X), together accounting for X% of total imports. Australia, Singapore, India, Malaysia, Taiwan (Chinese), Thailand, Pakistan, Vietnam, Indonesia and the Philippines lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Pakistan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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