Chile: Orthopedic Artificial Joints Market 2024

Orthopedic Artificial Joints Market Size in Chile

The Chilean orthopedic artificial joints market rose rapidly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, recorded a prominent increase. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Orthopedic Artificial Joints Production in Chile

In value terms, orthopedic artificial joints production totaled $X in 2022 estimated in export price. Overall, production enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Orthopedic artificial joints production peaked at $X in 2020; afterwards, it flattened through to 2022.

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Orthopedic Artificial Joints Exports

Exports from Chile

In 2022, the amount of artificial joints for orthopedic purposes exported from Chile surged to X units, with an increase of X% compared with the previous year. Over the period under review, exports enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, orthopedic artificial joints exports totaled $X in 2022. In general, exports, however, continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X units), Italy (X units) and Germany (X units) were the main destinations of orthopedic artificial joints exports from Chile, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the key foreign market for artificial joints for orthopedic purposes exports from Chile, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Italy stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average orthopedic artificial joints export price amounted to $X per unit, waning by X% against the previous year. In general, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Belgium ($X 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 Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Orthopedic Artificial Joints Imports

Imports into Chile

In 2022, approx. X units of artificial joints for orthopedic purposes were imported into Chile; declining by X% against the previous year's figure. Overall, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, orthopedic artificial joints imports expanded notably to $X in 2022. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of orthopedic artificial joints to Chile, accounting for a X% share of total imports. Moreover, orthopedic artificial joints imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of artificial joints for orthopedic purposes to Chile, comprising X% of total imports. The second position in the ranking was held by Switzerland ($X), with an X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and Germany (X% per year).

Import Prices by Country

The average orthopedic artificial joints import price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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