Germany - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHearing Aid Price in Germany - 2023
Contents:
- Hearing Aid Price in Germany (CIF) - 2022
- Hearing Aid Price in Germany (FOB) - 2022
- Hearing Aid Imports in Germany
- Hearing Aid Exports in Germany
Hearing Aid Price in Germany (CIF) - 2022
The average hearing aid import price stood at $148 per unit in 2022, shrinking by -9.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 19%. As a result, import price reached the peak level of $193 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($495 per unit), while the price for the UK ($54 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Hearing Aid Price in Germany (FOB) - 2022
The average hearing aid export price stood at $90 per unit in 2022, waning by -15.6% against the previous year. Overall, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 an increase of 40%. Over the period under review, the average export prices reached the peak figure at $253 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($265 per unit), while the average price for exports to the United States ($41 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+0.4%), while the prices for the other major destinations experienced a decline.
Hearing Aid Imports in Germany
Hearing aid imports into Germany rose significantly to 3.3M units in 2022, with an increase of 5.1% compared with 2021 figures. The total import volume increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, hearing aid imports shrank to $486M in 2022. Overall, imports showed a mild expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. As a result, imports reached the peak of $513M, and then declined in the following year.
Import of Hearing Aid in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 103 | 76.2 | 114 | 112 | 2.8% |
Poland | 109 | 88.0 | 83.5 | 104 | -1.6% |
Singapore | 78.4 | 91.0 | 102 | 77.5 | -0.4% |
Vietnam | 69.9 | 66.0 | 74.5 | 61.7 | -4.1% |
Mexico | 18.5 | 21.1 | 27.6 | 29.6 | 17.0% |
Denmark | 40.2 | 41.7 | 28.8 | 25.6 | -14.0% |
United Kingdom | 0.2 | 1.1 | 23.6 | 22.9 | 385.6% |
Others | 54.1 | 47.8 | 59.8 | 53.3 | -0.5% |
Total | 473 | 433 | 513 | 486 | 0.9% |
Top Suppliers of Hearing Aid to Germany in 2022:
- Singapore (664.0K units)
- China (649.0K units)
- Poland (648.2K units)
- United Kingdom (421.2K units)
- Mexico (321.8K units)
- Vietnam (277.1K units)
- Denmark (126.4K units)
Hearing Aid Exports in Germany
In 2022, the amount of hearing aids (excl. parts and accessories) exported from Germany rose notably to 470K units, surging by 12% compared with 2021. Over the period under review, exports, however, recorded a noticeable reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 67% against the previous year. Over the period under review, the exports attained the maximum at 514K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, hearing aid exports declined to $42M in 2022. Overall, exports, however, saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, the exports reached the maximum at $49M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Hearing Aid in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 0.6 | 0.2 | 11.6 | 9.3 | 149.3% |
Austria | 5.2 | 7.9 | 8.7 | 8.0 | 15.4% |
United States | 3.9 | 1.3 | 3.4 | 4.1 | 1.7% |
Netherlands | 3.4 | 2.2 | 3.1 | 2.5 | -9.7% |
United Kingdom | 2.7 | 4.9 | 2.0 | 2.5 | -2.5% |
Switzerland | 1.2 | 1.4 | 2.8 | 2.2 | 22.4% |
Poland | 1.7 | 1.0 | 1.5 | 1.4 | -6.3% |
Mexico | 0.5 | 0.5 | 0.6 | 1.0 | 26.0% |
Jordan | 0.2 | 0.8 | 1.1 | 1.0 | 71.0% |
Egypt | 0.2 | 0.1 | 0.2 | 0.8 | 58.7% |
France | 0.4 | 0.1 | 0.1 | 0.7 | 20.5% |
Ukraine | 7.2 | 5.1 | N/A | 0.3 | -65.3% |
Spain | 3.6 | 0.1 | 0.2 | 0.1 | -69.7% |
Others | 18.4 | 7.9 | 9.3 | 8.5 | -22.7% |
Total | 49.0 | 33.3 | 44.7 | 42.3 | -4.8% |
Top Export Markets for Hearing Aid from Germany in 2022:
- Italy (131.9K units)
- United States (100.5K units)
- Austria (30.0K units)
- Netherlands (23.8K units)
- United Kingdom (20.2K units)
- Mexico (13.0K units)
- Switzerland (12.4K units)
- Jordan (12.3K units)
- Poland (11.3K units)
- Egypt (11.0K units)
- France (7.5K units)
- Ukraine (1.5K units)
- Spain (1.4K units)
This report provides an in-depth analysis of the hearing aid market in Germany. 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 26601433 - Appliances for overcoming deafness (excluding parts and accessories)
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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