Italy - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHearing Aid Price in Italy - 2023
Contents:
- Hearing Aid Price in Italy (CIF) - 2022
- Hearing Aid Price in Italy (FOB) - 2022
- Hearing Aid Imports in Italy
- Hearing Aid Exports in Italy
Hearing Aid Price in Italy (CIF) - 2022
The average hearing aid import price stood at $125 per unit in 2022, waning by -3.2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 28%. As a result, import price reached the peak level of $146 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
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 France ($788 per unit), while the price for Mexico ($60 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Hearing Aid Price in Italy (FOB) - 2022
In 2022, the average hearing aid export price amounted to $160 per unit, reducing by -27.2% against the previous year. In general, the export price saw a deep contraction. The pace of growth was the most pronounced in 2018 an increase of 55%. The export price peaked at $374 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($1,888 per unit), while the average price for exports to the United States ($20 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 Venezuela (+46.8%), while the prices for the other major destinations experienced more modest paces of growth.
Hearing Aid Imports in Italy
In 2022, hearing aid imports into Italy dropped to 576K units, shrinking by -14% on the previous year. Overall, imports showed a perceptible decline. The pace of growth was the most pronounced in 2021 when imports increased by 41%. As a result, imports reached the peak of 670K units, and then fell in the following year.
In value terms, hearing aid imports dropped sharply to $72M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 37%. As a result, imports reached the peak of $86M, and then contracted notably in the following year.
| Import of Hearing Aid in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.7 | 1.8 | 39.4 | 42.3 | 292.4% |
| Germany | 1.5 | 1.9 | 20.7 | 13.1 | 105.9% |
| Poland | 5.9 | 5.9 | 8.7 | 8.6 | 13.4% |
| Denmark | 2.2 | 1.7 | 9.6 | 2.9 | 9.6% |
| Mexico | 1.9 | 1.6 | 1.5 | 1.7 | -3.6% |
| United Kingdom | 18.8 | 18.0 | 0.7 | 0.5 | -70.2% |
| China | 14.9 | 7.5 | 0.9 | N/A | -75.4% |
| Vietnam | 19.9 | 16.7 | 1.0 | N/A | -77.6% |
| Others | 8.0 | 7.8 | 3.9 | 2.8 | -29.5% |
| Total | 73.9 | 62.8 | 86.4 | 71.9 | -0.9% |
Top Suppliers of Hearing Aid to Italy in 2022:
- Netherlands (201.2K units)
- Germany (187.9K units)
- Poland (118.4K units)
- Denmark (28.5K units)
- Mexico (27.9K units)
- United Kingdom (6.5K units)
- Vietnam (0.1K units)
Hearing Aid Exports in Italy
After three years of growth, shipments abroad of hearing aids (excl. parts and accessories) decreased by -0.6% to 35K units in 2022. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 3.7% against the previous year. Over the period under review, the exports reached the maximum at 35K units in 2021, and then reduced slightly in the following year.
In value terms, hearing aid exports contracted remarkably to $5.6M in 2022. Overall, exports recorded a dramatic downturn. The smallest decline of -16.9% was in 2020. The exports peaked at $13M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Hearing Aid in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1,409 | 3,330 | 2,849 | 2,771 | 25.3% |
| Cuba | 59.0 | 1,340 | 32.1 | 1,180 | 171.4% |
| United States | 154 | 117 | 125 | 282 | 22.3% |
| Kazakhstan | N/A | N/A | 32.8 | 214 | 552.4% |
| Bosnia and Herzegovina | 52.2 | 71.9 | 127 | 157 | 44.3% |
| Philippines | N/A | N/A | N/A | 151 | 0% |
| Germany | N/A | 0.1 | 19.4 | 108 | 3186.3% |
| United Kingdom | 0.2 | N/A | 6.5 | 86.1 | 655.1% |
| Serbia | 53.7 | 69.4 | 115 | 75.4 | 12.0% |
| Saudi Arabia | N/A | N/A | 7.3 | 35.8 | 390.4% |
| France | N/A | 0.3 | 62.5 | 33.1 | 950.4% |
| Netherlands | N/A | N/A | 2,602 | 14.8 | -99.4% |
| Vietnam | 3,265 | 4,182 | 852 | N/A | -48.9% |
| Others | 7,653 | 1,397 | 937 | 515 | -59.3% |
| Total | 12,647 | 10,508 | 7,768 | 5,623 | -23.7% |
Top Export Markets for Hearing Aid from Italy in 2022:
- United States (14.0K units)
- Cuba (6.2K units)
- Kazakhstan (4.0K units)
- Germany (2.4K units)
- Switzerland (1.5K units)
- Bosnia and Herzegovina (1.3K units)
- Saudi Arabia (0.7K units)
- Philippines (0.6K units)
- Serbia (0.6K units)
- France (0.6K units)
- United Kingdom (0.6K units)
- Netherlands (0.1K units)
This report provides an in-depth analysis of the hearing aid 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 26601433 - Appliances for overcoming deafness (excluding parts and accessories)
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
-
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
-
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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