Spain - 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 Spain - 2023
Contents:
- Hearing Aid Price in Spain (CIF) - 2022
- Hearing Aid Price in Spain (FOB) - 2022
- Hearing Aid Imports in Spain
- Hearing Aid Exports in Spain
Hearing Aid Price in Spain (CIF) - 2022
In 2022, the average hearing aid import price amounted to $73 per unit, waning by -6.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 8.8%. Over the period under review, average import prices reached the maximum at $228 per unit in 2012; however, from 2013 to 2022, 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 Germany ($156 per unit), while the price for Malaysia ($42 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.3%), while the prices for the other major suppliers experienced a decline.
Hearing Aid Price in Spain (FOB) - 2022
The average hearing aid export price stood at $134 per unit in 2022, surging by 15% against the previous year. Overall, the export price, however, showed a mild decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 57%. As a result, the export price attained the peak level of $204 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($321 per unit), while the average price for exports to the UK ($47 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 Sweden (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Hearing Aid Imports in Spain
In 2022, the amount of hearing aids (excl. parts and accessories) imported into Spain rose rapidly to 1.8M units, picking up by 12% compared with 2021 figures. In general, imports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 70%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, hearing aid imports rose to $135M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 +44.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Hearing Aid in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 1.1 | 43.1 | 3818.2% |
| Poland | 19.8 | 21.2 | 22.7 | 30.0 | 14.9% |
| Germany | 23.2 | 23.1 | 33.7 | 17.6 | -8.8% |
| China | 1.4 | 2.9 | 4.6 | 11.7 | 102.9% |
| Malaysia | 10.6 | 13.2 | 21.7 | 9.3 | -4.3% |
| Singapore | 0.8 | 3.3 | N/A | 8.3 | 118.1% |
| Denmark | 15.2 | 23.3 | 33.6 | 5.3 | -29.6% |
| Others | 22.3 | 11.3 | 11.3 | 9.5 | -24.8% |
| Total | 93.3 | 98.3 | 129 | 135 | 13.1% |
Top Suppliers of Hearing Aid to Spain in 2022:
- Poland (599.5K units)
- Netherlands (563.4K units)
- Malaysia (219.3K units)
- Singapore (144.0K units)
- China (118.0K units)
- Germany (112.5K units)
- Denmark (46.2K units)
Hearing Aid Exports in Spain
Hearing aid exports from Spain fell remarkably to 153K units in 2022, with a decrease of -23.3% on the previous year. In general, exports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2021 with an increase of 121%. As a result, the exports attained the peak of 200K units, and then fell notably in the following year.
In value terms, hearing aid exports shrank to $21M in 2022. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 31%. The exports peaked at $24M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Hearing Aid in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 7.4 | 6.1 | 8.1 | 8.5 | 4.7% |
| Netherlands | 1.1 | 0.4 | 1.5 | 3.8 | 51.2% |
| Germany | 1.2 | 1.6 | 5.4 | 2.7 | 31.0% |
| Poland | 9.9 | 6.6 | 2.0 | 1.7 | -44.4% |
| United Kingdom | 0.2 | 0.1 | 4.0 | 1.4 | 91.3% |
| France | 0.1 | 0.1 | 0.4 | 0.6 | 81.7% |
| Italy | 0.8 | 0.5 | N/A | N/A | -37.5% |
| United States | 0.5 | 0.1 | 0.1 | N/A | -55.3% |
| Others | 3.1 | 2.4 | 2.0 | 1.9 | -15.1% |
| Total | 24.3 | 17.8 | 23.4 | 20.6 | -5.4% |
Top Export Markets for Hearing Aid from Spain in 2022:
- Portugal (69.5K units)
- Netherlands (29.7K units)
- United Kingdom (29.6K units)
- Poland (9.2K units)
- Germany (8.4K units)
- France (4.6K units)
- Italy (0.2K units)
- United States (0.1K units)
This report provides an in-depth analysis of the hearing aid market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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
1170
This report provides an in-depth analysis of the hearing aid market in Spain.
426
This report provides an in-depth analysis of the orthopedic prosthetics market in Spain.
683
This report provides an in-depth analysis of the pacemaker market in Spain.
528
This report provides an in-depth analysis of the orthopedic artificial joints market in Spain.
239
This report provides an in-depth analysis of the dental fitting market in Spain.
297
This report provides an in-depth analysis of the individual artificial teeth market in Spain.
193
This report provides an in-depth analysis of the individual plastic teeth market in Spain.
270
This report provides an in-depth analysis of the orthopaedic appliances market in Spain.
119
This report provides an in-depth analysis of the artificial teeth market in Spain.
279
This report provides an in-depth analysis of the tyre cord fabric market in Spain.
275
In January 2023, the price of pacemakers decreased by 6.8% to $2,581 per unit (CIF, Spain) compared to the previous month.
252
In April 2023, the price of Uncooked Pasta reached $1,448 per ton (FOB, Spain), registering a 6.5% increase compared to the previous month.
291
In November 2022, the uncooked pasta price stood at $4,043 per ton (CIF, Spain), with an increase of 24% against the previous month.
247
In April 2023, the price of Cyclohexane reached $1,549 per ton (CIF, Spain), representing a 20% increase compared to the previous month.
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...
1276
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
222
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.
129
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.
