Belarus - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrthopedic Artificial Joints Price in Belarus - 2022
Contents:
- Orthopedic Artificial Joints Price in Belarus (CIF) - 2022
- Orthopedic Artificial Joints Price in Belarus (FOB) - 2022
- Orthopedic Artificial Joints Imports in Belarus
- Orthopedic Artificial Joints Exports in Belarus
Orthopedic Artificial Joints Price in Belarus (CIF) - 2022
In 2022, the average orthopedic artificial joints import price amounted to $37 per unit, falling by -2.3% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, orthopedic artificial joints import price increased by +17.1% against 2020 indices. The pace of growth was the most pronounced in 2014 an increase of 70%. As a result, import price reached the peak level of $50 per unit. From 2015 to 2022, the average 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 France ($60 per unit), while the price for China ($24 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopedic Artificial Joints Price in Belarus (FOB) - 2022
The average orthopedic artificial joints export price stood at $41 per unit in 2022, surging by 8.8% against the previous year. Overall, the export price saw a strong increase. The pace of growth appeared the most rapid in 2019 an increase of 149%. As a result, the export price reached the peak level of $46 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +6.7% per year.
Orthopedic Artificial Joints Imports in Belarus
In 2022, imports of artificial joints for orthopedic purposes into Belarus skyrocketed to 116K units, picking up by 87% on the previous year's figure. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 380% against the previous year. As a result, imports attained the peak of 289K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, orthopedic artificial joints imports soared to $4.3M in 2022. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 307% against the previous year. As a result, imports attained the peak of $9.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Orthopedic Artificial Joints in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 66.2 | 5,026 | 138 | 1,495 | 182.7% |
| Germany | 1,301 | 1,498 | 955 | 1,175 | -3.3% |
| Switzerland | 350 | 67.7 | 558 | 682 | 24.9% |
| China | 59.6 | 757 | 541 | 661 | 123.0% |
| France | 21.1 | 204 | 153 | 187 | 106.9% |
| United States | 38.7 | 257 | 1.1 | 84.2 | 29.6% |
| Ireland | N/A | 532 | N/A | N/A | 0% |
| Czech Republic | N/A | 565 | N/A | N/A | 0% |
| Turkey | 397 | 125 | N/A | N/A | -68.5% |
| Others | N/A | 66.6 | N/A | N/A | 0% |
| Total | 2,234 | 9,098 | 2,346 | 4,285 | 24.2% |
Top Suppliers of Orthopedic Artificial Joints to Belarus in 2022:
- Russia (35.3K units)
- Germany (31.1K units)
- China (27.8K units)
- Switzerland (17.0K units)
- France (3.1K units)
- United States (1.8K units)
Orthopedic Artificial Joints Exports in Belarus
In 2022, shipments abroad of artificial joints for orthopedic purposes decreased by -57.4% to 108K units, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,730% against the previous year. As a result, the exports attained the peak of 309K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, orthopedic artificial joints exports contracted sharply to $4.4M in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,325%. Over the period under review, the exports reached the peak figure at $9.5M in 2021, and then contracted notably in the following year.
| Export of Orthopedic Artificial Joints in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 7.0 | 9.3 | 4.4 | -20.7% |
| Latvia | 0.3 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Total | 0.5 | 7.1 | 9.5 | 4.4 | 106.5% |
Top Export Markets for Orthopedic Artificial Joints from Belarus in 2022:
- Russia (107.6K units)
This report provides an in-depth analysis of the orthopedic artificial joints market in Belarus. 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:
- Belarus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belarus
- 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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