Azerbaijan - Orthopaedic Appliances And Splints - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOrthopaedic Appliances Price in Azerbaijan - 2022
Contents:
- Orthopaedic Appliances Price in Azerbaijan (CIF) - 2022
- Orthopaedic Appliances Price in Azerbaijan (FOB) - 2022
- Orthopaedic Appliances Imports in Azerbaijan
- Orthopaedic Appliances Exports in Azerbaijan
Orthopaedic Appliances Price in Azerbaijan (CIF) - 2022
The average orthopaedic appliances import price stood at $25 per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price continues to indicate a mild setback. The pace of growth appeared the most rapid in 2018 an increase of 53%. As a result, import price reached the peak level of $35 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($92 per unit), while the price for China ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopaedic Appliances Price in Azerbaijan (FOB) - 2022
The average orthopaedic appliances export price stood at $3.4 per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a measured increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 152% against the previous year. As a result, the export price reached the peak level of $6.3 per unit. From 2021 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2015 to 2022, the rate of growth in terms of prices for Turkey amounted to +2.5% per year.
Orthopaedic Appliances Imports in Azerbaijan
In 2022, approx. 56K units of orthopaedic appliances and splints were imported into Azerbaijan; jumping by 91% compared with 2021. Overall, imports recorded a prominent expansion. Over the period under review, imports reached the peak figure at 62K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, orthopaedic appliances imports surged to $1.4M in 2022. In general, imports posted a buoyant expansion. Imports peaked at $1.5M in 2020; however, from 2021 to 2022, imports remained at a lower figure.
| Import of Orthopaedic Appliances in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 285 | 645 | 254 | 983 | 51.1% |
| Spain | 70.0 | 2.8 | 4.6 | 80.4 | 4.7% |
| Germany | 68.6 | 33.5 | 20.8 | 78.5 | 4.6% |
| Ukraine | 38.6 | 51.1 | 27.0 | 42.8 | 3.5% |
| China | 23.4 | 24.0 | 9.5 | 32.8 | 11.9% |
| Russia | 141 | 142 | 21.5 | 28.9 | -41.0% |
| Austria | 1.0 | 2.0 | 2.4 | 15.9 | 151.5% |
| Belarus | 40.9 | 258 | 163 | N/A | 99.6% |
| Others | 402 | 331 | 233 | 132 | -31.0% |
| Total | 1,070 | 1,490 | 735 | 1,394 | 9.2% |
Top Suppliers of Orthopaedic Appliances to Azerbaijan in 2022:
- Turkey (41.8K units)
- China (8.2K units)
- Ukraine (1.6K units)
- Spain (1.1K units)
- Austria (0.9K units)
- Germany (0.9K units)
- Russia (0.3K units)
Orthopaedic Appliances Exports in Azerbaijan
In 2022, overseas shipments of orthopaedic appliances and splints decreased by 0% to 5.5K units, falling for the second consecutive year after two years of growth. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 43,000%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, orthopaedic appliances exports totaled $18K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 108,480% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Orthopaedic Appliances in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 3.5 | N/A | 18.4 | 129.3% |
| Spain | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 1.9 | N/A | N/A | 0% |
| Total | N/A | 5.4 | N/A | 18.4 | 84.6% |
Top Export Markets for Orthopaedic Appliances from Azerbaijan in 2022:
- Turkey (5.5K units)
This report provides an in-depth analysis of the orthopaedic appliances market in Azerbaijan. 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 32502239 - Orthopaedic appliances, splints and other fracture appliances
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- 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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