Malaysia - Orthopaedic Appliances And Splints - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOrthopaedic Appliances Price in Malaysia - 2021
Contents:
- Orthopaedic Appliances Price in Malaysia (FOB) - 2022
- Orthopaedic Appliances Price in Malaysia (CIF) - 2022
- Orthopaedic Appliances Exports in Malaysia
- Orthopaedic Appliances Imports in Malaysia
Orthopaedic Appliances Price in Malaysia (FOB) - 2022
In 2022, the average orthopaedic appliances export price amounted to $241 per unit, picking up by 6.4% against the previous year. In general, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, orthopaedic appliances export price decreased by -0.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 69% against the previous year. As a result, the export price attained the peak level of $243 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($682 per unit), while the average price for exports to the United States ($216 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 the United Arab Emirates (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopaedic Appliances Price in Malaysia (CIF) - 2022
The average orthopaedic appliances import price stood at $46 per unit in 2022, with an increase of 12% against the previous year. In general, the import price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2020 an increase of 21%. The import price peaked at $63 per unit in 2013; however, from 2014 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 Germany ($180 per unit), while the price for China ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopaedic Appliances Exports in Malaysia
In 2022, approx. 188K units of orthopaedic appliances and splints were exported from Malaysia; surging by 16% compared with 2021. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 59%. As a result, the exports reached the peak of 222K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, orthopaedic appliances exports surged to $45M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 168%. As a result, the exports reached the peak of $54M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Orthopaedic Appliances in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.1 | 45.8 | 26.4 | 32.6 | 29.2% |
| Singapore | 0.2 | 0.1 | 2.9 | 3.2 | 152.0% |
| United Arab Emirates | 1.8 | 4.2 | 2.3 | 3.1 | 19.9% |
| Netherlands | N/A | 0.2 | 2.3 | 2.6 | 260.6% |
| Others | 3.0 | 3.7 | 2.9 | 3.8 | 8.2% |
| Total | 20.1 | 53.9 | 36.8 | 45.4 | 31.2% |
Top Export Markets for Orthopaedic Appliances from Malaysia in 2022:
- United States (151.4K units)
- Singapore (12.8K units)
- Netherlands (6.9K units)
- United Arab Emirates (4.5K units)
Orthopaedic Appliances Imports in Malaysia
In 2022, the amount of orthopaedic appliances and splints imported into Malaysia shrank notably to 443K units, with a decrease of -18.7% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of 545K units, and then contracted significantly in the following year.
In value terms, orthopaedic appliances imports fell to $20M in 2022. The total import value increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 21%. As a result, imports reached the peak of $22M, and then shrank in the following year.
| Import of Orthopaedic Appliances in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.6 | 2.3 | 5.3 | 4.6 | 42.2% |
| United States | 5.4 | 5.2 | 5.2 | 4.4 | -6.6% |
| Singapore | 2.3 | 1.5 | 1.0 | 1.3 | -17.3% |
| India | 0.8 | 0.9 | 1.2 | 1.0 | 7.7% |
| Mexico | 0.4 | 0.5 | 1.0 | 0.8 | 26.0% |
| Taiwan (Chinese) | 0.5 | 0.7 | 0.8 | 0.7 | 11.9% |
| South Korea | 0.4 | 0.2 | 0.3 | 0.2 | -20.6% |
| Others | 5.1 | 7.1 | 7.6 | 7.4 | 13.2% |
| Total | 16.5 | 18.5 | 22.4 | 20.4 | 7.3% |
Top Suppliers of Orthopaedic Appliances to Malaysia in 2022:
- China (265.1K units)
- United States (42.2K units)
- India (42.0K units)
- Taiwan (Chinese) (18.6K units)
- Singapore (16.1K units)
- South Korea (9.2K units)
- Mexico (5.6K units)
This report provides an in-depth analysis of the orthopaedic appliances market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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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