Australia - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrthopedic Artificial Joints Price in Australia - 2023
Contents:
- Orthopedic Artificial Joints Price in Australia (CIF) - 2022
- Orthopedic Artificial Joints Price in Australia (FOB) - 2022
- Orthopedic Artificial Joints Imports in Australia
- Orthopedic Artificial Joints Exports in Australia
Orthopedic Artificial Joints Price in Australia (CIF) - 2022
The average orthopedic artificial joints import price stood at $16,868 per unit in 2022, increasing by 1,819% against the previous year. Overall, the import price showed significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Switzerland ($16,885 per unit) and the United States ($16,885 per unit), while the price for Italy ($16,861 per unit) and Germany ($16,878 per unit) were amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+128.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopedic Artificial Joints Price in Australia (FOB) - 2022
In 2022, the average orthopedic artificial joints export price amounted to $860 per unit, with a decrease of -69.7% against the previous year. Overall, the export price recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when the average export price increased by 5.7% against the previous year. As a result, the export price attained the peak level of $2,840 per unit, and then fell notably in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($861 per unit) and Vietnam ($861 per unit), while the average price for exports to France ($860 per unit) and the Netherlands ($860 per unit) were amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-43.0%), while the prices for the other major destinations experienced a decline.
Orthopedic Artificial Joints Imports in Australia
In 2022, purchases abroad of artificial joints for orthopedic purposes decreased by -94.4% to 22K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 452%. As a result, imports attained the peak of 385K units, and then declined sharply in the following year.
In value terms, orthopedic artificial joints imports stood at $365M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Orthopedic Artificial Joints in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 119 | 136 | 115 | -1.7% | |
| Ireland | 41.7 | 59.8 | 74.8 | 33.9% | |
| Switzerland | 41.6 | 53.6 | 56.3 | 16.3% | |
| France | 19.4 | 22.1 | 38.9 | 41.6% | |
| United Kingdom | 9.9 | 21.9 | 29.6 | 72.9% | |
| Germany | 20.6 | 26.0 | 28.4 | 17.4% | |
| Italy | 8.6 | 9.4 | 7.8 | -4.8% | |
| Others | 8.0 | 9.7 | 14.4 | 34.2% | |
| Total | 269 | 339 | 365 | 16.5% | |
Top Suppliers of Orthopedic Artificial Joints to Australia in 2022:
- United States (6.8K units)
- Ireland (4.4K units)
- Switzerland (3.3K units)
- France (2.3K units)
- United Kingdom (1.8K units)
- Germany (1.7K units)
- Italy (0.5K units)
Orthopedic Artificial Joints Exports in Australia
Orthopedic artificial joints exports from Australia skyrocketed to 16K units in 2022, jumping by 265% compared with the previous year's figure. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, orthopedic artificial joints exports rose remarkably to $14M in 2022. In general, exports, however, recorded a mild descent. The exports peaked at $15M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Orthopedic Artificial Joints in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Belgium | 1.7 | 3.3 | 5.5 | 79.9% | |
| United States | 5.6 | 4.5 | 2.1 | -38.8% | |
| Vietnam | 0.2 | 1.2 | 1.5 | 173.9% | |
| Switzerland | 4.1 | 0.5 | 1.3 | -43.7% | |
| New Zealand | 0.9 | 0.3 | 1.1 | 10.6% | |
| France | 0.4 | 0.8 | 0.6 | 22.5% | |
| Netherlands | 0.1 | 0.1 | 0.5 | 123.6% | |
| Others | 1.8 | 2.0 | 1.4 | -11.8% | |
| Total | 14.9 | 12.7 | 14.0 | -3.1% | |
Top Export Markets for Orthopedic Artificial Joints from Australia in 2022:
- Belgium (6.4K units)
- United States (2.5K units)
- Vietnam (1.8K units)
- Switzerland (1.6K units)
- New Zealand (1.3K units)
- France (0.6K units)
- Netherlands (0.5K units)
This report provides an in-depth analysis of the orthopedic artificial joints market in Australia. 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 32502235 - Artificial joints
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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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