Portugal - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingHearing Aid Price in Portugal - 2023
Contents:
- Hearing Aid Price in Portugal (CIF) - 2022
- Hearing Aid Price in Portugal (FOB) - 2022
- Hearing Aid Imports in Portugal
- Hearing Aid Exports in Portugal
Hearing Aid Price in Portugal (CIF) - 2022
In 2022, the average hearing aid import price amounted to $218 per unit, surging by 24% against the previous year. In general, the import price saw a slight increase. Over the period under review, average import prices reached the peak figure at $233 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Germany ($1,745 per unit), while the price for the United States ($50 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Hearing Aid Price in Portugal (FOB) - 2022
In 2022, the average hearing aid export price amounted to $55 per unit, with a decrease of -75.4% against the previous year. In general, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 302%. As a result, the export price reached the peak level of $924 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cabo Verde ($327 per unit), while the average price for exports to Germany ($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 the Philippines (+285.4%), while the prices for the other major destinations experienced a decline.
Hearing Aid Imports in Portugal
In 2022, after three years of growth, there was significant decline in purchases abroad of hearing aids (excl. parts and accessories), when their volume decreased by -22.5% to 146K units. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 73%. As a result, imports reached the peak of 189K units, and then shrank dramatically in the following year.
In value terms, hearing aid imports shrank slightly to $32M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of $33M, and then declined in the following year.
| Import of Hearing Aid in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 7.2 | 8.9 | 10.8 | 10.8 | 14.5% |
| Poland | 8.6 | 8.3 | 11.1 | 10.1 | 5.5% |
| Germany | 2.1 | 2.0 | 5.3 | 5.1 | 34.4% |
| Denmark | 2.7 | 3.2 | 5.7 | 4.8 | 21.1% |
| United States | 0.1 | N/A | 0.1 | 0.5 | 71.0% |
| United Kingdom | 2.2 | 1.5 | N/A | N/A | -31.8% |
| Others | 0.1 | 0.2 | 0.1 | 0.6 | 81.7% |
| Total | 22.9 | 24.0 | 33.0 | 31.8 | 11.6% |
Top Suppliers of Hearing Aid to Portugal in 2022:
- United Kingdom (undefinedK units)
- Spain (64.4K units)
- Poland (46.7K units)
- Denmark (21.1K units)
- United States (10.5K units)
- Germany (2.9K units)
Hearing Aid Exports in Portugal
For the fourth year in a row, Portugal recorded growth in shipments abroad of hearing aids (excl. parts and accessories), which increased by 572% to 4.7K units in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 767%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, hearing aid exports skyrocketed to $257K in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 481% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Hearing Aid in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | N/A | 145 | 0% |
| Cabo Verde | N/A | 18.8 | 125 | 70.4 | 93.5% |
| Poland | N/A | N/A | N/A | 12.1 | 0% |
| Philippines | N/A | N/A | 3.2 | 11.1 | 246.9% |
| Germany | N/A | N/A | N/A | 6.3 | 0% |
| Gambia | N/A | N/A | 7.7 | 5.7 | -26.0% |
| Others | 5.7 | 14.6 | 19.7 | 6.3 | 3.4% |
| Total | 5.7 | 33.4 | 156 | 257 | 255.9% |
Top Export Markets for Hearing Aid from Portugal in 2022:
- Denmark (3388.0 units)
- Poland (385.0 units)
- Germany (318.0 units)
- Philippines (260.0 units)
- Cabo Verde (216.0 units)
- Gambia (133.0 units)
This report provides an in-depth analysis of the hearing aid market in Portugal. 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:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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.
-
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
-
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
-
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
-
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
-
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
917
This report provides an in-depth analysis of the hearing aid market in Portugal.
401
This report provides an in-depth analysis of the orthopedic prosthetics market in Portugal.
470
This report provides an in-depth analysis of the pacemaker market in Portugal.
450
This report provides an in-depth analysis of the orthopedic artificial joints market in Portugal.
335
This report provides an in-depth analysis of the dental fitting market in Portugal.
194
This report provides an in-depth analysis of the individual artificial teeth market in Portugal.
217
This report provides an in-depth analysis of the individual plastic teeth market in Portugal.
292
This report provides an in-depth analysis of the orthopaedic appliances market in Portugal.
125
This report provides an in-depth analysis of the artificial teeth market in Portugal.
284
This report provides an in-depth analysis of the tyre cord fabric market in Portugal.
142
Explore the top import markets for hearing aids and their key statistics. Learn about the world's largest importers of hearing aids and their import values.
1189
In value terms, bodies including cabs for the motor vehicles imports amounted to $X in 2016. In general, bodies including cabs for the motor vehicles imports continue to indicate a mild decline. Gl...
540
In value terms, bodies including cabs for the motor vehicles exports totaled $X in 2016. In general, bodies including cabs for the motor vehicles exports continue to indicate a slight decrease. Ove...
1277
With the flow of time, it is no secret that the pace of technological development is gaining speed, with manufacturers and scientists coming up with more unimaginable groundbreaking hi-tech gadgets and devices seemingly with each passing day. X printi
223
Discover the world's best import markets for pacemakers and explore key statistics and insights. Find out which countries are the top importers and understand the factors driving their market dominance.
131
Explore the top import markets for orthopedic artificial joints, including the United States, the Netherlands, Belgium, Germany, and more. Discover key statistics and import values from IndexBox market intelligence platform.
706
In value terms, artificial filament tow imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated...
716
In value terms, artificial filament tow exports stood at $X in 2016. Overall, artificial filament tow exports continue to indicate a noticeable downturn. Global artificial filament tow export peake...
727
In 2016, approx. X tons of orthopedic prosthetics were imported worldwide- picking up by X% against the previous year level. In general, orthopedic prosthetics imports continue to indicate a rem...
845
In 2016, approx. X tons of orthopedic prosthetics were imported worldwide- picking up by X% against the previous year level. In general, orthopedic prosthetics imports continue to indicate a rem...
