Report Update: May 1, 2024

Poland - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights

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Orthopedic Artificial Joints Price in Poland - 2023

Orthopedic Artificial Joints Price in Poland (CIF) - 2023

The average orthopedic artificial joints import price stood at $16.5 per unit in October 2023, reducing by -12.2% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 18% against the previous month. Over the period under review, average import prices attained the peak figure at $19.8 per unit in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($20.0 per unit), while the price for Turkey ($7.0 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Turkey (+37.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Orthopedic Artificial Joints Price in Poland (FOB) - 2023

In October 2023, the average orthopedic artificial joints export price amounted to $36.7 per unit, surging by 311% against the previous month. Over the period under review, the export price saw a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In October 2023, the country with the highest price was Ukraine ($37.4 per unit), while the average price for exports to Russia totaled $35.5 per unit.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

Orthopedic Artificial Joints Imports in Poland

In 2022, approx. 4.7M units of artificial joints for orthopedic purposes were imported into Poland; growing by 5.4% against 2021. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, orthopedic artificial joints imports reduced to $81M in 2022. Overall, imports, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2021 when imports increased by 12% against the previous year. Over the period under review, imports hit record highs at $86M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Orthopedic Artificial Joints in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	N/A	24.4	32.3	28.3	7.7%
Germany	26.0	15.2	18.2	21.0	-6.9%
Belgium	0.1	18.5	19.1	14.8	429.0%
Austria	0.9	6.5	5.7	5.6	83.9%
Italy	2.0	3.6	3.8	4.5	31.0%
France	7.2	3.3	3.2	3.6	-20.6%
United Kingdom	7.1	2.4	2.0	2.0	-34.4%
United States	27.9	0.1	0.1	0.1	-84.7%
Switzerland	6.3	0.3	0.3	N/A	-78.2%
Others	8.7	2.1	1.3	0.7	-56.8%
Total	86.2	76.4	85.9	80.7	-2.2%

Top Suppliers of Orthopedic Artificial Joints to Poland in 2022:

Belgium (1296.0K units)
Germany (1122.3K units)
Netherlands (1072.9K units)
Austria (372.0K units)
France (368.3K units)
Italy (275.8K units)
United Kingdom (132.2K units)
United States (8.7K units)
Switzerland (1.3K units)

Orthopedic Artificial Joints Exports in Poland

In 2022, exports of artificial joints for orthopedic purposes from Poland skyrocketed to 1.5M units, growing by 48% on the previous year. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, orthopedic artificial joints exports surged to $13M in 2022. The total export value increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Orthopedic Artificial Joints in Poland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	0.1	1.2	0.5	5.8	287.1%
Ukraine	0.1	N/A	0.1	2.2	180.2%
Lithuania	2.0	1.3	1.7	1.0	-20.6%
France	0.6	0.6	0.7	0.9	14.5%
Austria	1.6	1.6	1.8	0.9	-17.5%
Netherlands	1.5	1.3	1.4	0.7	-22.4%
Germany	1.7	1.4	1.1	0.7	-25.6%
Latvia	0.9	1.0	0.9	0.5	-17.8%
Estonia	1.2	1.4	1.1	0.4	-30.7%
Others	0.1	0.2	0.1	0.2	26.0%
Total	9.8	9.9	9.4	13.3	10.7%

Top Export Markets for Orthopedic Artificial Joints from Poland in 2022:

Belgium (525.8K units)
France (319.3K units)
Germany (245.0K units)
Ukraine (111.3K units)
Latvia (78.6K units)
Lithuania (76.4K units)
Estonia (47.1K units)
Austria (46.5K units)
Netherlands (19.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the orthopedic artificial joints market in Poland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32502235 - Artificial joints

Country coverage:

Poland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Poland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023