Italy - Ophthalmic Instruments And Appliances - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOphthalmic Instruments Price in Italy - 2023
Contents:
- Ophthalmic Instruments Price in Italy (CIF) - 2023
- Ophthalmic Instruments Price in Italy (FOB) - 2022
- Ophthalmic Instruments Imports in Italy
- Ophthalmic Instruments Exports in Italy
Ophthalmic Instruments Price in Italy (CIF) - 2023
In June 2023, the average ophthalmic instruments import price amounted to $3.9 per unit, with a decrease of -7.3% against the previous month. In general, the import price, however, saw a resilient increase. The pace of growth appeared the most rapid in July 2022 an increase of 99.9% against the previous month. Over the period under review, average import prices hit record highs at $4.2 per unit in May 2023, and then dropped in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($9.9 per unit), while the price for Lithuania ($529 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Ophthalmic Instruments Price in Italy (FOB) - 2022
The average ophthalmic instruments export price stood at $6.1 per unit in 2022, growing by 9.4% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ophthalmic instruments export price increased by +37.4% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 33% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13 per unit), while the average price for exports to Egypt ($2 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 France (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Ophthalmic Instruments Imports in Italy
In 2022, the amount of ophthalmic instruments and appliances imported into Italy skyrocketed to 64M units, increasing by 53% on the year before. In general, imports showed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ophthalmic instruments imports rose significantly to $146M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Ophthalmic Instruments in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 33.6 | 29.4 | 25.9 | 28.7 | -5.1% |
Netherlands | 21.5 | 21.3 | 24.7 | 27.5 | 8.6% |
France | 15.5 | 14.3 | 17.2 | 22.9 | 13.9% |
Germany | 16.3 | 13.5 | 18.6 | 20.5 | 7.9% |
Belgium | 19.5 | 19.1 | 16.3 | 17.5 | -3.5% |
Others | 22.3 | 17.8 | 26.1 | 28.8 | 8.9% |
Total | 129 | 115 | 129 | 146 | 4.2% |
Top Suppliers of Ophthalmic Instruments to Italy in 2022:
- Belgium (21.4M units)
- Netherlands (19.2M units)
- France (8.9M units)
- Germany (5.5M units)
- United States (5.1M units)
Ophthalmic Instruments Exports in Italy
In 2022, the amount of ophthalmic instruments and appliances exported from Italy totaled 23M units, picking up by 4.2% compared with the previous year. In general, exports, however, saw a pronounced decline. The growth pace was the most rapid in 2021 when exports increased by 4.6%. The exports peaked at 26M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, ophthalmic instruments exports stood at $140M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 +58.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
Export of Ophthalmic Instruments in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 20.4 | 17.8 | 28.6 | 29.7 | 13.3% |
Germany | 13.4 | 11.0 | 15.8 | 16.8 | 7.8% |
Netherlands | 6.2 | 4.6 | 8.2 | 12.0 | 24.6% |
France | 11.2 | 8.9 | 10.1 | 9.6 | -5.0% |
United Kingdom | 3.3 | 2.3 | 4.0 | 6.2 | 23.4% |
Canada | 2.2 | 2.0 | 3.4 | 3.5 | 16.7% |
Spain | 3.2 | 2.0 | 3.3 | 2.9 | -3.2% |
Australia | 2.1 | 2.0 | 2.9 | 2.8 | 10.1% |
Saudi Arabia | 0.9 | 1.6 | 1.6 | 1.9 | 28.3% |
Morocco | 0.6 | 0.9 | 1.0 | 1.5 | 35.7% |
Algeria | 0.6 | 0.8 | 0.8 | 1.3 | 29.4% |
Israel | 1.4 | 1.1 | 1.7 | 1.3 | -2.4% |
Egypt | 0.9 | 1.0 | 1.4 | 1.1 | 6.9% |
Others | 40.6 | 32.0 | 40.0 | 49.5 | 6.8% |
Total | 107 | 88.1 | 123 | 140 | 9.4% |
Top Export Markets for Ophthalmic Instruments from Italy in 2022:
- Germany (2.6M units)
- United Kingdom (2.4M units)
- France (2.3M units)
- United States (2.2M units)
- Netherlands (1.3M units)
- Australia (1.0M units)
- Saudi Arabia (0.8M units)
- Algeria (0.6M units)
- Egypt (0.6M units)
- Canada (0.4M units)
- Israel (0.4M units)
- Morocco (0.4M units)
- Spain (0.4M units)
This report provides an in-depth analysis of the ophthalmic instruments 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 32501320 - Ophthalmic instruments and appliances
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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In June 2023, the price of Ophthalmic Instruments was $3.9 per unit (CIF, Italy), showing a decrease of 7.3% compared to the previous month.
In May 2023, the price of ECG reached $3,430 per unit (CIF, Italy), recording a 7.2% increase compared to the previous month.