Ireland - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHearing Aid Price in Ireland - 2023
Contents:
- Hearing Aid Price in Ireland (CIF) - 2022
- Hearing Aid Price in Ireland (FOB) - 2022
- Hearing Aid Imports in Ireland
- Hearing Aid Exports in Ireland
Hearing Aid Price in Ireland (CIF) - 2022
In 2022, the average hearing aid import price amounted to $196 per unit, therefore, remained relatively stable against the previous year. Overall, the import price enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 26%. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($222 per unit), while the price for Germany ($43 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Hearing Aid Price in Ireland (FOB) - 2022
In 2022, the average hearing aid export price amounted to $309 per unit, stabilizing at the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 8.2% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +3.1% per year.
Hearing Aid Imports in Ireland
Hearing aid imports into Ireland stood at 91K units in 2022, remaining stable against the year before. Overall, imports recorded a tangible increase. The smallest decline of -10.9% was in 2020. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, hearing aid imports amounted to $18M in 2022. In general, imports enjoyed a strong increase. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Hearing Aid in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.2 | 4.8 | N/A | 7.8 | 239.1% |
| Poland | 5.0 | 4.7 | N/A | 5.9 | 5.7% |
| United Kingdom | 5.0 | 2.7 | N/A | 2.9 | -16.6% |
| Mexico | N/A | N/A | N/A | 0.6 | 0% |
| Germany | N/A | N/A | N/A | 0.3 | 0% |
| Singapore | 0.5 | 0.6 | N/A | 0.1 | -41.5% |
| Others | 0.7 | N/A | N/A | 0.3 | -24.6% |
| Total | 11.4 | 12.8 | N/A | 17.9 | 16.2% |
Top Suppliers of Hearing Aid to Ireland in 2022:
- Netherlands (37.4K units)
- Poland (26.7K units)
- United Kingdom (16.8K units)
- Germany (5.9K units)
- Mexico (3.2K units)
- Singapore (0.3K units)
Hearing Aid Exports in Ireland
For the third year in a row, Ireland recorded decline in shipments abroad of hearing aids (excl. parts and accessories), which decreased by 0% to 1.2K units in 2022. Over the period under review, exports showed a significant expansion. The smallest decline of -11.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, hearing aid exports stood at $379K in 2022. Overall, exports posted significant growth. The smallest decline of -13.6% was in 2020. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Hearing Aid in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 219 | 0% |
| United States | 6.1 | N/A | N/A | 6.3 | 1.1% |
| Malaysia | N/A | 6.3 | N/A | N/A | 0% |
| Afghanistan | 1.7 | 0.5 | N/A | N/A | -70.6% |
| Others | 1.2 | 1.0 | N/A | 153 | 403.3% |
| Total | 9.0 | 7.7 | N/A | 379 | 247.9% |
Top Export Markets for Hearing Aid from Ireland in 2022:
- United Kingdom (558.0 units)
- United States (7.0 units)
This report provides an in-depth analysis of the hearing aid market in Ireland. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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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