Needle And Catheter Market Overview in Romania
In value terms, needle and catheter production fell to $ in 2019 estimated in export prices. Over the period under review, production continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2011 when the production volume increased by % against the previous year. Needle and catheter production peaked at $ in 2012; however, from 2013 to 2019, production failed to regain the momentum.
The revenue of the needle and catheter market in Romania stood at $ in 2019, remaining constant 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). Overall, the total consumption indicated a measured increase from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2017 indices. The most prominent rate of growth was recorded in 2011 when the market value increased by % against the previous year. As a result, consumption attained the peak level of $. From 2012 to 2019, the growth of the market remained at a somewhat lower figure.