China - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrthopedic Artificial Joints Price in China - 2023
Contents:
- Orthopedic Artificial Joints Price in China (CIF) - 2023
- Orthopedic Artificial Joints Price in China (FOB) - 2023
- Orthopedic Artificial Joints Imports in China
- Orthopedic Artificial Joints Exports in China
Orthopedic Artificial Joints Price in China (CIF) - 2023
The average orthopedic artificial joints import price stood at $105 per unit in September 2023, with a decrease of -7.9% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 15% against the previous month. The import price peaked at $123 per unit in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($154 per unit), while the price for Switzerland ($46.6 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+0.4%), while the prices for the other major suppliers experienced a decline.
Orthopedic Artificial Joints Price in China (FOB) - 2023
In September 2023, the average orthopedic artificial joints export price amounted to $90.0 per unit, which is down by -3.2% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 14% against the previous month. As a result, the export price attained the peak level of $97.3 per unit. From June 2023 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($133 per unit), while the average price for exports to Turkey ($18.6 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopedic Artificial Joints Imports in China
In 2022, after three years of growth, there was decline in supplies from abroad of artificial joints for orthopedic purposes, when their volume decreased by -0.1% to 214K units. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 503%. As a result, imports attained the peak of 214K units, leveling off in the following year.
In value terms, orthopedic artificial joints imports fell rapidly to $500M in 2022. In general, imports showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. As a result, imports attained the peak of $598M, and then contracted remarkably in the following year.
| Import of Orthopedic Artificial Joints in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 213 | 231 | 191 | -5.3% | |
| Germany | 155 | 189 | 160 | 1.6% | |
| Ireland | 55.4 | 71.2 | 55.0 | -0.4% | |
| United Kingdom | 32.7 | 42.8 | 28.4 | -6.8% | |
| Switzerland | 24.3 | 25.7 | 25.7 | 2.8% | |
| France | 14.6 | 21.1 | 24.8 | 30.3% | |
| Others | 23.4 | 17.4 | 14.4 | -21.6% | |
| Total | 518 | 598 | 500 | -1.8% | |
Top Suppliers of Orthopedic Artificial Joints to China in 2022:
- United States (111.3K units)
- Germany (46.5K units)
- Ireland (19.6K units)
- Switzerland (14.3K units)
- United Kingdom (11.0K units)
- France (6.8K units)
Orthopedic Artificial Joints Exports in China
In 2022, the amount of artificial joints for orthopedic purposes exported from China rose markedly to 21K units, increasing by 6.5% on 2021 figures. Over the period under review, exports, however, showed a noticeable curtailment. The exports peaked at 23K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, orthopedic artificial joints exports soared to $294M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Orthopedic Artificial Joints in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 64.0 | 74.5 | 118 | 35.8% | |
| Belgium | 54.9 | 74.9 | 69.1 | 12.2% | |
| Ireland | 0.7 | 3.8 | 20.5 | 441.2% | |
| Singapore | 7.8 | 16.2 | 18.8 | 55.3% | |
| Germany | 11.0 | 10.2 | 8.7 | -11.1% | |
| United Kingdom | 6.6 | 6.6 | 8.3 | 12.1% | |
| India | 0.7 | 3.0 | 7.6 | 229.5% | |
| Puerto Rico | 5.7 | 6.1 | 5.8 | 0.9% | |
| Mexico | 1.5 | 3.0 | 5.4 | 89.7% | |
| Turkey | 0.4 | 0.5 | 1.0 | 58.1% | |
| Others | 17.1 | 19.9 | 31.0 | 34.6% | |
| Total | 170 | 218 | 294 | 31.5% | |
Top Export Markets for Orthopedic Artificial Joints from China in 2022:
- United States (7.4K units)
- Belgium (4.7K units)
- India (1.8K units)
- Ireland (1.2K units)
- Singapore (0.9K units)
- United Kingdom (0.9K units)
- Germany (0.8K units)
- Puerto Rico (0.7K units)
- Turkey (0.3K units)
- Mexico (0.3K units)
This report provides an in-depth analysis of the orthopedic artificial joints market in 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 32502235 - Artificial joints
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in 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
-
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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