Hong Kong SAR, China - Orthopaedic Appliances And Splints - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOrthopaedic Appliances Price in Hong Kong SAR - 2023
Contents:
- Orthopaedic Appliances Price in Hong Kong SAR (CIF) - 2022
- Orthopaedic Appliances Price in Hong Kong SAR (FOB) - 2022
- Orthopaedic Appliances Imports in Hong Kong SAR
- Orthopaedic Appliances Exports in Hong Kong SAR
Orthopaedic Appliances Price in Hong Kong SAR (CIF) - 2022
In 2022, the average orthopaedic appliances import price amounted to $203 per unit, with an increase of 144% against the previous year. In general, the import price continues to indicate significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($475 per unit), while the price for China ($31 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Orthopaedic Appliances Price in Hong Kong SAR (FOB) - 2022
The average orthopaedic appliances export price stood at $52 per unit in 2022, increasing by 93% against the previous year. In general, the export price, however, showed a sharp decline. The export price peaked at $912 per unit in 2012; however, from 2013 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 Taiwan (Chinese) ($598 per unit), while the average price for exports to Germany ($20 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 Macao SAR (+2.3%), while the prices for the other major destinations experienced a decline.
Orthopaedic Appliances Imports in Hong Kong SAR
In 2022, approx. 163K units of orthopaedic appliances and splints were imported into Hong Kong SAR; which is down by -68.3% compared with 2021. Over the period under review, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 114% against the previous year. As a result, imports reached the peak of 513K units, and then contracted remarkably in the following year.
In value terms, orthopaedic appliances imports contracted rapidly to $33M in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 117% against the previous year. Imports peaked at $43M in 2021, and then declined dramatically in the following year.
| Import of Orthopaedic Appliances in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.0 | 22.6 | 31.4 | 28.0 | 91.3% |
| China | 5.3 | 4.3 | 8.7 | 2.8 | -19.2% |
| Germany | 0.3 | 0.3 | 0.5 | 0.6 | 26.0% |
| Others | 3.7 | 1.5 | 1.9 | 1.6 | -24.4% |
| Total | 13.2 | 28.7 | 42.6 | 33.0 | 35.7% |
Top Suppliers of Orthopaedic Appliances to Hong Kong SAR in 2022:
- China (90.7K units)
- United States (59.0K units)
- Germany (4.3K units)
Orthopaedic Appliances Exports in Hong Kong SAR
In 2022, the amount of orthopaedic appliances and splints exported from Hong Kong SAR fell dramatically to 132K units, which is down by -73.8% on 2021 figures. Over the period under review, exports recorded a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 296%. As a result, the exports reached the peak of 502K units, and then dropped significantly in the following year.
In value terms, orthopaedic appliances exports declined rapidly to $6.8M in 2022. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, the exports reached the peak of $14M, and then declined rapidly in the following year.
| Export of Orthopaedic Appliances in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,111 | 1,043 | 5,924 | 1,660 | 14.3% |
| Macao SAR | 58.4 | 1,399 | 2,587 | 1,452 | 191.9% |
| China | 5,498 | 5,632 | 1,091 | 853 | -46.3% |
| Netherlands | 9.6 | 19.3 | 816 | 537 | 282.4% |
| Malaysia | 90.9 | 50.7 | 224 | 218 | 33.9% |
| Germany | 144 | 46.2 | 8.8 | 212 | 13.8% |
| France | 160 | 96.1 | 91.2 | 189 | 5.7% |
| Switzerland | 67.4 | 10.0 | 72.9 | 139 | 27.3% |
| United Kingdom | 161 | 167 | 95.7 | 37.5 | -38.5% |
| Others | 1,012 | 1,508 | 2,619 | 1,534 | 14.9% |
| Total | 8,313 | 9,972 | 13,530 | 6,831 | -6.3% |
Top Export Markets for Orthopaedic Appliances from Hong Kong SAR in 2022:
- United States (67.4K units)
- Netherlands (22.9K units)
- Germany (10.4K units)
- China (4.8K units)
- Malaysia (4.6K units)
- France (4.4K units)
- Switzerland (3.7K units)
- Macao SAR (3.3K units)
- United Kingdom (1.2K units)
This report provides an in-depth analysis of the orthopaedic appliances market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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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