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Italy - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrthopedic Artificial Joints Price in Italy - 2023
Contents:
- Orthopedic Artificial Joints Price in Italy (CIF) - 2023
- Orthopedic Artificial Joints Price in Italy (FOB) - 2023
- Orthopedic Artificial Joints Imports in Italy
- Orthopedic Artificial Joints Exports in Italy
Orthopedic Artificial Joints Price in Italy (CIF) - 2023
In October 2023, the average orthopedic artificial joints import price amounted to $11.1 per unit, dropping by -18.3% against the previous month. Overall, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 20% month-to-month. As a result, import price reached the peak level of $17.0 per unit. From July 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($32.7 per unit), while the price for Switzerland ($10.1 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 France (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopedic Artificial Joints Price in Italy (FOB) - 2023
The average orthopedic artificial joints export price stood at $12.6 per unit in October 2023, falling by -20.6% against the previous month. Overall, the export price saw a pronounced setback. The most prominent rate of growth was recorded in August 2023 an increase of 20% m-o-m. As a result, the export price reached the peak level of $21.8 per unit. From September 2023 to October 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was the United States ($43.0 per unit), while the average price for exports to Switzerland ($8.1 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopedic Artificial Joints Imports in Italy
In 2022, supplies from abroad of artificial joints for orthopedic purposes decreased by -32% to 31M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 84%. As a result, imports attained the peak of 45M units, and then dropped rapidly in the following year.
In value terms, orthopedic artificial joints imports fell remarkably to $387M in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports attained the peak of $461M, and then fell significantly in the following year.
Import of Orthopedic Artificial Joints in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 133 | 108 | 188 | 143 | 2.4% |
Switzerland | 50.2 | 60.0 | 85.2 | 90.0 | 21.5% |
Germany | 48.4 | 42.1 | 49.4 | 42.6 | -4.2% |
France | 66.3 | 45.5 | 41.5 | 41.6 | -14.4% |
Belgium | 52.4 | 42.3 | 54.0 | 36.5 | -11.4% |
United States | 9.0 | 9.3 | 12.7 | 10.0 | 3.6% |
Ireland | 8.6 | 6.2 | 7.6 | 8.2 | -1.6% |
Others | 23.5 | 17.4 | 22.9 | 15.1 | -13.7% |
Total | 391 | 331 | 461 | 387 | -0.3% |
Top Suppliers of Orthopedic Artificial Joints to Italy in 2022:
- Germany (11.7M units)
- Switzerland (6.9M units)
- Netherlands (4.2M units)
- France (3.3M units)
- Belgium (2.2M units)
- United States (0.9M units)
- Ireland (0.4M units)
Orthopedic Artificial Joints Exports in Italy
In 2022, approx. 18M units of artificial joints for orthopedic purposes were exported from Italy; with a decrease of -4.3% against the year before. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 63%. As a result, the exports reached the peak of 18M units, and then contracted modestly in the following year.
In value terms, orthopedic artificial joints exports contracted to $318M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of $330M, and then declined in the following year.
Export of Orthopedic Artificial Joints in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 46.3 | 55.5 | 76.2 | 82.4 | 21.2% |
France | 42.5 | 40.7 | 48.7 | 39.9 | -2.1% |
Germany | 28.8 | 28.3 | 32.7 | 33.6 | 5.3% |
United States | 20.3 | 25.4 | 38.7 | 23.2 | 4.6% |
United Kingdom | 24.8 | 20.0 | 14.9 | 15.1 | -15.2% |
Japan | 27.5 | 11.5 | 10.7 | 10.4 | -27.7% |
Ireland | 2.4 | 4.2 | 8.2 | 8.6 | 53.0% |
Netherlands | 5.5 | 5.9 | 11.2 | 8.4 | 15.2% |
Spain | 7.9 | 4.9 | 7.3 | 7.9 | 0.0% |
Poland | 4.6 | 3.4 | 5.0 | 5.8 | 8.0% |
South Korea | 4.3 | 5.5 | 5.3 | 4.6 | 2.3% |
Others | 68.3 | 62.3 | 70.6 | 77.9 | 4.5% |
Total | 283 | 268 | 330 | 318 | 4.0% |
Top Export Markets for Orthopedic Artificial Joints from Italy in 2022:
- Switzerland (6.5M units)
- Germany (3.3M units)
- France (2.2M units)
- United Kingdom (0.5M units)
- United States (0.4M units)
- Netherlands (0.4M units)
- Ireland (0.4M units)
- Poland (0.3M units)
- Japan (0.3M units)
- South Korea (0.3M units)
- Spain (0.3M units)
This report provides an in-depth analysis of the orthopedic artificial joints market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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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Explore the top import markets for orthopedic artificial joints, including the United States, the Netherlands, Belgium, Germany, and more. Discover key statistics and import values from IndexBox market intelligence platform.