Estonia - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrthopedic Artificial Joints Price in Estonia - 2023
Contents:
- Orthopedic Artificial Joints Price in Estonia (CIF) - 2023
- Orthopedic Artificial Joints Price in Estonia (FOB) - 2023
- Orthopedic Artificial Joints Imports in Estonia
- Orthopedic Artificial Joints Exports in Estonia
Orthopedic Artificial Joints Price in Estonia (CIF) - 2023
In October 2023, the average orthopedic artificial joints import price amounted to $19.9 per unit, picking up by 34% against the previous month. In general, the import price, however, saw a pronounced decline. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 60% month-to-month. Over the period under review, average import prices attained the peak figure at $32.1 per unit in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Finland ($51.9 per unit), while the price for India ($1.3 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 Poland (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Orthopedic Artificial Joints Price in Estonia (FOB) - 2023
In July 2023, the average orthopedic artificial joints export price amounted to $40.4 per unit, growing by 3.8% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 when the average export price increased by 19% m-o-m. The export price peaked at $41.6 per unit in April 2023; however, from May 2023 to July 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From April 2023 to July 2023, the rate of growth in terms of prices for Russia amounted to -0.9% per month.
Orthopedic Artificial Joints Imports in Estonia
In 2022, approx. 168K units of artificial joints for orthopedic purposes were imported into Estonia; rising by 27% against the previous year's figure. The total import volume increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, orthopedic artificial joints imports dropped to $3.6M in 2022. Overall, imports, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, imports reached the peak of $4.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Orthopedic Artificial Joints in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 2.7 | 1,877 | 1,800 | 1,308 | 685.4% |
| Germany | 752 | 911 | 824 | 1,047 | 11.7% |
| Poland | N/A | 1,412 | 1,043 | 781 | -25.6% |
| Belgium | N/A | 124 | 277 | 285 | 51.6% |
| Sweden | 3.5 | 39.0 | 134 | 110 | 215.6% |
| United Kingdom | 247 | N/A | N/A | 10.1 | -65.5% |
| China | 11.1 | 4.7 | 8.3 | 7.0 | -14.2% |
| Ireland | 340 | N/A | N/A | N/A | 0% |
| Switzerland | 466 | N/A | N/A | N/A | 0% |
| United States | 1,819 | N/A | N/A | N/A | 0% |
| Others | 215 | 29.8 | 4.8 | 3.4 | -74.9% |
| Total | 3,856 | 4,398 | 4,091 | 3,553 | -2.7% |
Top Suppliers of Orthopedic Artificial Joints to Estonia in 2022:
- Germany (54.1K units)
- Poland (49.5K units)
- Finland (25.8K units)
- Belgium (19.1K units)
- Sweden (16.0K units)
- China (2.6K units)
- United Kingdom (0.3K units)
Orthopedic Artificial Joints Exports in Estonia
In 2021, orthopedic artificial joints exports from Estonia soared to 3.1K units, increasing by 192% on 2020. Over the period under review, exports, however, saw a dramatic slump. The exports peaked at 6K units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.
In value terms, orthopedic artificial joints exports surged to $77K in 2021. Overall, exports, however, saw a dramatic setback. The exports peaked at $146K in 2019; however, from 2020 to 2021, the exports remained at a lower figure.
| Export of Orthopedic Artificial Joints in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Poland | N/A | N/A | 77.1 | 0% | |
| Russia | N/A | 20.0 | N/A | 0% | |
| Belarus | 146 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 146 | 20.0 | 77.1 | -27.3% | |
Top Export Markets for Orthopedic Artificial Joints from Estonia in 2022:
- Poland (3.1K units)
This report provides an in-depth analysis of the orthopedic artificial joints market in Estonia. 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:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- 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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