Costa Rica - Orthopaedic Appliances And Splints - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOrthopaedic Appliances Price in Costa Rica - 2022
Contents:
- Orthopaedic Appliances Price in Costa Rica (FOB) - 2022
- Orthopaedic Appliances Price in Costa Rica (CIF) - 2022
- Orthopaedic Appliances Exports in Costa Rica
- Orthopaedic Appliances Imports in Costa Rica
Orthopaedic Appliances Price in Costa Rica (FOB) - 2022
In 2022, the average orthopaedic appliances export price amounted to $82 per unit, rising by 66% against the previous year. Over the period under review, the export price enjoyed significant growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 234% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($89 per unit), while the average price for exports to Singapore ($52 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 Singapore (+51.8%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopaedic Appliances Price in Costa Rica (CIF) - 2022
In 2022, the average orthopaedic appliances import price amounted to $25 per unit, declining by -23.4% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the average import price increased by 62% against the previous year. The import price peaked at $37 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($133 per unit), while the price for China ($2.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopaedic Appliances Exports in Costa Rica
In 2022, shipments abroad of orthopaedic appliances and splints decreased by -13.4% to 1M units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 35%. As a result, the exports reached the peak of 2.2M units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, orthopaedic appliances exports surged to $85M in 2022. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 82% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Orthopaedic Appliances in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.5 | 30.7 | 54.5 | 77.1 | 44.6% |
| Netherlands | N/A | 0.1 | 1.6 | 6.8 | 724.6% |
| Singapore | N/A | N/A | N/A | 1.2 | 0% |
| Others | 0.6 | 1.7 | 3.0 | N/A | 123.6% |
| Total | 26.1 | 32.5 | 59.1 | 85.1 | 48.3% |
Top Export Markets for Orthopaedic Appliances from Costa Rica in 2022:
- United States (934.0K units)
- Netherlands (75.8K units)
- Singapore (23.8K units)
Orthopaedic Appliances Imports in Costa Rica
In 2022, after two years of decline, there was significant growth in purchases abroad of orthopaedic appliances and splints, when their volume increased by 48% to 648K units. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the maximum at 667K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, orthopaedic appliances imports expanded markedly to $16M in 2022. In general, imports, however, saw a abrupt slump. Imports peaked at $20M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Orthopaedic Appliances in Costa Rica (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.3 | 8.5 | 7.6 | 8.4 | -9.4% |
| Switzerland | 5.7 | 3.8 | 2.5 | 2.4 | -25.0% |
| Mexico | 0.2 | 0.4 | 1.3 | 2.1 | 119.0% |
| Italy | 1.7 | 1.5 | 1.3 | 1.4 | -6.3% |
| China | 0.7 | 0.6 | 0.5 | 0.6 | -5.0% |
| Chile | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
| Others | 0.6 | 0.7 | 0.9 | 1.1 | 22.4% |
| Total | 20.3 | 15.8 | 14.3 | 16.2 | -7.2% |
Top Suppliers of Orthopaedic Appliances to Costa Rica in 2022:
- China (233.2K units)
- United States (205.2K units)
- Switzerland (94.0K units)
- Mexico (52.2K units)
- Chile (25.2K units)
- Italy (10.4K units)
This report provides an in-depth analysis of the orthopaedic appliances market in Costa Rica. 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:
- Costa Rica
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Costa Rica
- 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
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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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