Sri Lanka - Orthopaedic Appliances And Splints - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOrthopaedic Appliances Price in Sri Lanka - 2021
Contents:
- Orthopaedic Appliances Price in Sri Lanka (CIF) - 2022
- Orthopaedic Appliances Price in Sri Lanka (FOB) - 2022
- Orthopaedic Appliances Imports in Sri Lanka
- Orthopaedic Appliances Exports in Sri Lanka
Orthopaedic Appliances Price in Sri Lanka (CIF) - 2022
The average orthopaedic appliances import price stood at $75 per unit in 2022, with a decrease of -23.1% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 48%. Over the period under review, average import prices reached the peak figure at $128 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($448 per unit), while the price for China ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopaedic Appliances Price in Sri Lanka (FOB) - 2022
The average orthopaedic appliances export price stood at $38 per unit in 2022, which is down by -9.7% against the previous year. Over the period under review, the export price faced a deep reduction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 49% against the previous year. The export price peaked at $144 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($39 per unit), while the average price for exports to the UK amounted to $36 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-9.5%), while the prices for the other major destinations experienced a decline.
Orthopaedic Appliances Imports in Sri Lanka
In 2022, supplies from abroad of orthopaedic appliances and splints decreased by -13.9% to 57K units, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a perceptible decline. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. As a result, imports reached the peak of 76K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, orthopaedic appliances imports declined remarkably to $4.3M in 2022. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 8.7% against the previous year. Imports peaked at $6.5M in 2021, and then fell dramatically in the following year.
Import of Orthopaedic Appliances in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 991 | 2,320 | 1,604 | 1,749 | 20.8% |
India | 2,265 | 1,945 | 2,764 | 1,638 | -10.2% |
China | 77.9 | 319 | 428 | 415 | 74.7% |
Switzerland | 830 | 435 | 386 | 240 | -33.9% |
Taiwan (Chinese) | 20.9 | 15.8 | 6.7 | 120 | 79.1% |
United Kingdom | 13.0 | 11.3 | 23.8 | 52.3 | 59.0% |
Mexico | N/A | 1.6 | 103 | 49.0 | 453.4% |
Others | 1,318 | 946 | 1,149 | 20.4 | -75.1% |
Total | 5,515 | 5,994 | 6,465 | 4,283 | -8.1% |
Top Suppliers of Orthopaedic Appliances to Sri Lanka in 2022:
- China (27.8K units)
- India (14.0K units)
- Taiwan (Chinese) (5.2K units)
- United States (3.9K units)
- Switzerland (2.2K units)
- United Kingdom (2.1K units)
- Mexico (1.5K units)
Orthopaedic Appliances Exports in Sri Lanka
In 2022, exports of orthopaedic appliances and splints from Sri Lanka shrank to 54K units, with a decrease of -11.5% on the year before. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 173% against the previous year. As a result, the exports attained the peak of 61K units, and then shrank in the following year.
In value terms, orthopaedic appliances exports dropped significantly to $2.1M in 2022. Overall, exports, however, posted a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 132%. As a result, the exports attained the peak of $2.6M, and then contracted rapidly in the following year.
Export of Orthopaedic Appliances in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,058 | 608 | 1,916 | 1,671 | 16.5% |
United Kingdom | 469 | 446 | 313 | 395 | -5.6% |
Others | 64.0 | 72.5 | 379 | 17.5 | -35.1% |
Total | 1,591 | 1,126 | 2,607 | 2,083 | 9.4% |
Top Export Markets for Orthopaedic Appliances from Sri Lanka in 2022:
- United States (43.1K units)
- United Kingdom (10.9K units)
This report provides an in-depth analysis of the orthopaedic appliances market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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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