Netherlands - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Netherlands - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights

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Hearing Aid Price in the Netherlands - 2023

Contents:

  1. Hearing Aid Price in the Netherlands (FOB) - 2023
  2. Hearing Aid Price in the Netherlands (CIF) - 2022
  3. Hearing Aid Exports in the Netherlands
  4. Hearing Aid Imports in the Netherlands

Hearing Aid Price in the Netherlands (FOB) - 2023

In July 2023, the average hearing aid export price amounted to $30.3 per unit, shrinking by -33.7% against the previous month. Overall, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in February 2023 an increase of 39% month-to-month. As a result, the export price reached the peak level of $158 per unit. From March 2023 to July 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Spain ($145 per unit), while the average price for exports to Italy ($9.0 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hearing Aid Price in the Netherlands (CIF) - 2022

In 2022, the average hearing aid import price amounted to $111 per unit, reducing by -8.3% against the previous year. In general, the import price saw a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 18% against the previous year. Over the period under review, average import prices reached the maximum at $222 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 Denmark ($658 per unit), while the price for Vietnam ($95 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Hearing Aid Exports in the Netherlands

Hearing aid exports from the Netherlands rose markedly to 3.5M units in 2022, increasing by 11% against the previous year. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 58%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, hearing aid exports amounted to $621M in 2022. Overall, exports saw a prominent increase. The growth pace was the most rapid in 2021 with an increase of 72% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Hearing Aid in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1201011551518.0%
France76.170.411611615.1%
Belgium49.542.654.752.92.2%
Austria13.014.233.834.638.6%
ItalyN/AN/A31.934.58.2%
Spain14.313.322.633.933.3%
Norway17.423.728.729.519.2%
Sweden10.712.018.018.419.8%
Denmark9.17.113.612.912.3%
Poland8.07.010.010.710.2%
Philippines0.30.75.08.2201.2%
Vietnam5.15.87.78.016.2%
Finland6.54.96.67.02.5%
Others42.243.789.510435.1%
Total37234659462118.6%

Top Export Markets for Hearing Aid from the Netherlands in 2022:

  1. Germany (932.0K units)
  2. France (664.0K units)
  3. Spain (205.0K units)
  4. Belgium (195.3K units)
  5. Sweden (150.4K units)
  6. Austria (149.5K units)
  7. Vietnam (105.5K units)
  8. Italy (105.4K units)
  9. Denmark (86.9K units)
  10. Norway (80.0K units)
  11. Poland (67.9K units)
  12. Philippines (62.2K units)
  13. Finland (52.2K units)

Hearing Aid Imports in the Netherlands

Hearing aid imports into the Netherlands expanded remarkably to 3.5M units in 2022, surging by 11% against the previous year. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.2% 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 +69.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, hearing aid imports expanded to $390M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +50.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Hearing Aid in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China99.410118617119.8%
Vietnam84.211611512012.5%
Poland31.437.047.060.724.6%
Switzerland20.117.06.512.7-14.2%
United Kingdom12.212.610.24.8-26.7%
Others11.78.717.721.221.9%
Total25929138339014.6%

Top Suppliers of Hearing Aid to the Netherlands in 2022:

  1. China (1726.6K units)
  2. Vietnam (1267.8K units)
  3. Poland (306.8K units)
  4. Switzerland (70.9K units)
  5. United Kingdom (50.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hearing aid market in the Netherlands. 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:

  • Netherlands

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Netherlands
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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