Syringes market in Spain

Earlier Report Observations

The Spanish syringes market entered a phase of rapid growth starting in 2018, with an increased focus on animal disease prevention and hygiene innovations in pre-filled and disposable syringes laying the groundwork. Market value jumped to USD 155.4 million in 2019, a 65% increase, largely due to expanded global vaccination programs boosting demand. This acceleration was sharply reinforced in 2020 by the COVID-19 pandemic, which created unprecedented need for syringes for mass immunization, driving the market to USD 192.5 million.

Market expansion continued through 2021 and 2022, reaching USD 240.2 million. This period was characterized by rising demand for specialized syringes and auto-injectors, driven by the growing prevalence of chronic diseases such as diabetes and cancer. Simultaneously, the entry of major global players like Becton Dickinson brought automation innovations for pre-filled syringe production, while stringent new European and U.S. regulations on drug-device combination products required exhaustive validation, influencing manufacturing practices and costs in Spain.

The market sustained its growth trajectory in the subsequent years, with the market size climbing to USD 326.5 million in 2023 and further to USD 371.3 million in 2024, reflecting consistent underlying demand.

Production syringes in Spain

In value, 2017-2020, M $ US

Spain's syringe production has grown for the third consecutive year. In 2020, output was valued at 176.3 million US dollars, marking a 14.1% increase from the previous year. Between 2017 and 2020, production rose by 64%, which translates to an annualized growth rate of 17.9%.

Annual dynamics of production in Spain in value, 2017-2020, M $ US

Exports syringes from Spain

Exports in kind, t

After two years of decline, Spain's syringe exports have rebounded. In 2020, shipments abroad reached 17 567 tonnes, showing a modest 1.2% improvement compared to 2019. Over the 2017-2020 period, exports fell by 8.2%, with a compound annual growth rate of -2.8%. The lowest volume was recorded in 2019 at 17 355 tonnes, while the largest drop occurred in 2018 with a 5.9% decrease.

Annual dynamics of product's exports from Spain in kind, 2017-2020, t

From 2017 to 2020, Belgium was the dominant market for Spain's syringe exports in volume terms, accounting for 73.0% of total flows, with other markets making up the remainder.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Spain in kind, 2017-2020

Exports in value, M $ US

Following a two-year downturn, Spain's syringe exports in value terms have increased. In 2020, exports amounted to 132.4 million US dollars, representing a strong 10.2% rise over the previous year. Between 2017 and 2020, however, exports declined by 34.6%, equivalent to an annualized rate of -13.2%. The lowest value was in 2019 at 120.1 million US dollars, and the sharpest fall was in 2018 with a 28.2% decrease.

Annual dynamics of product's exports from Spain in value, 2017-2020, M $ US

During 2017-2020, three key markets—Belgium, China, and the United Kingdom—collectively absorbed 71.2% of Spain's total syringe exports by value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports syringes to Spain

Imports in kind, t

Spain's syringe imports have declined for the second year in a row. In 2020, imports stood at 7 615 tonnes, remaining relatively stable compared to 2019. The peak volume was in 2018 at 7 711 tonnes, with the largest decrease of 1.0% occurring in 2019 and the biggest increase of 2.4% in 2018.

Annual dynamics of product's imports to Spain in kind, 2017-2020, t

From 2017 to 2020, France (24.9% of import volume), Belgium (19.5%), and the Netherlands (13.4%) consistently served as the primary sources for Spain's syringe imports, together accounting for 57.7% of total volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Spain in kind, 2017-2020

Imports in value, M $ US

In 2020, Spain's syringe imports reached 148.6 million US dollars, reflecting a solid 22.8% increase from the prior year. Over the 2017-2020 period, imports grew by 36.8%, which corresponds to an annualized rate of 11.0%. The most significant decline was in 2019, with a 1.0% drop.

Annual dynamics of product's imports to Spain in value, 2017-2020, M $ US

Between 2017 and 2020, the United States (23.9% of import value), France (18.9%), and Germany (12.1%) emerged as the leading markets for Spain's syringe imports by value, collectively representing 54.9% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020