Finland - Orthopaedic Appliances And Splints - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOrthopaedic Appliances Price in Finland - 2023
Contents:
- Orthopaedic Appliances Price in Finland (CIF) - 2022
- Orthopaedic Appliances Price in Finland (FOB) - 2022
- Orthopaedic Appliances Imports in Finland
- Orthopaedic Appliances Exports in Finland
Orthopaedic Appliances Price in Finland (CIF) - 2022
In 2022, the average orthopaedic appliances import price amounted to $233 per unit, declining by -2.7% against the previous year. Overall, the import price showed a perceptible curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by 39%. Over the period under review, average import prices reached the peak figure at $365 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($2,903 per unit), while the price for Vietnam ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopaedic Appliances Price in Finland (FOB) - 2022
The average orthopaedic appliances export price stood at $669 per unit in 2022, which is down by -3.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2019 an increase of 36%. Over the period under review, the average export prices hit record highs at $748 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($3,087 per unit), while the average price for exports to the UK ($70 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 Russia (+36.1%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopaedic Appliances Imports in Finland
Orthopaedic appliances imports into Finland fell sharply to 152K units in 2022, waning by -15.6% on 2021. Overall, imports showed a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of 180K units, and then contracted rapidly in the following year.
In value terms, orthopaedic appliances imports declined markedly to $35M in 2022. In general, imports saw a mild slump. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. Imports peaked at $43M in 2021, and then dropped dramatically in the following year.
| Import of Orthopaedic Appliances in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.6 | 13.8 | 13.1 | 10.9 | -4.7% |
| Switzerland | 7.5 | 8.2 | 7.7 | 7.6 | 0.4% |
| Sweden | 4.7 | 5.2 | 5.3 | 4.9 | 1.4% |
| Germany | 1.9 | 1.8 | 2.2 | 1.9 | 0.0% |
| China | 1.5 | 1.4 | 1.6 | 1.5 | 0.0% |
| Spain | 0.4 | 0.3 | 0.3 | 0.4 | 0.0% |
| Denmark | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Vietnam | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 8.2 | 11.1 | 12.7 | 8.1 | -0.4% |
| Total | 37.0 | 42.1 | 43.2 | 35.4 | -1.5% |
Top Suppliers of Orthopaedic Appliances to Finland in 2022:
- Sweden (61.1K units)
- China (30.5K units)
- United States (14.5K units)
- Germany (13.7K units)
- Spain (3.9K units)
- Vietnam (3.8K units)
- Switzerland (2.6K units)
- Denmark (2.3K units)
Orthopaedic Appliances Exports in Finland
In 2022, the amount of orthopaedic appliances and splints exported from Finland skyrocketed to 12K units, rising by 40% compared with 2021 figures. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.9% 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 +60.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, orthopaedic appliances exports surged to $8.3M in 2022. The total export value increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Orthopaedic Appliances in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 2,032 | 1,875 | 2,058 | 2,186 | 2.5% |
| China | 378 | 481 | 532 | 1,605 | 61.9% |
| Sweden | 842 | 767 | 745 | 1,291 | 15.3% |
| Russia | 459 | 346 | 456 | 1,188 | 37.3% |
| United States | 151 | 94.7 | 137 | 459 | 44.9% |
| United Kingdom | 5.2 | N/A | 154 | 184 | 228.3% |
| United Arab Emirates | 192 | 89.3 | 5.6 | 56.6 | -33.4% |
| Others | 2,074 | 2,118 | 2,034 | 1,284 | -14.8% |
| Total | 6,133 | 5,770 | 6,122 | 8,253 | 10.4% |
Top Export Markets for Orthopaedic Appliances from Finland in 2022:
- Sweden (3.1K units)
- United Kingdom (2.6K units)
- China (1.9K units)
- Russia (0.8K units)
- Estonia (0.7K units)
- United States (0.6K units)
- United Arab Emirates (0.6K units)
This report provides an in-depth analysis of the orthopaedic appliances market in Finland. 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:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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
-
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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