Greece - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Greece - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights

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Orthopedic Artificial Joints Price in Greece - 2023

Contents:

  1. Orthopedic Artificial Joints Price in Greece (CIF) - 2023
  2. Orthopedic Artificial Joints Price in Greece (FOB) - 2022
  3. Orthopedic Artificial Joints Imports in Greece
  4. Orthopedic Artificial Joints Exports in Greece

Orthopedic Artificial Joints Price in Greece (CIF) - 2023

In October 2023, the average orthopedic artificial joints import price amounted to $16.5 per unit, with a decrease of -4.3% against the previous month. In general, import price indicated slight growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, orthopedic artificial joints import price increased by +49.7% against July 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 48% m-o-m. The import price peaked at $17.2 per unit in September 2023, and then reduced modestly in the following month.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was France ($27.5 per unit), while the price for Belgium ($4.2 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Orthopedic Artificial Joints Price in Greece (FOB) - 2022

The average orthopedic artificial joints export price stood at $53 per unit in 2022, rising by 46% against the previous year. Over the period under review, the export price posted a remarkable increase. The growth pace was the most rapid in 2018 an increase of 182%. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($87 per unit), while the average price for exports to Bulgaria ($10 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 Bulgaria (+94.4%), while the prices for the other major destinations experienced more modest paces of growth.

Orthopedic Artificial Joints Imports in Greece

Orthopedic artificial joints imports into Greece contracted rapidly to 2.4M units in 2022, declining by -33.1% compared with the previous year. Overall, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 8% against the previous year. Imports peaked at 3.7M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, orthopedic artificial joints imports fell modestly to $26M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of $27M, and then contracted slightly in the following year.

Import of Orthopedic Artificial Joints in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands11.410.314.510.6-2.4%
Germany3.33.02.43.62.9%
Belgium2.82.73.53.24.6%
Italy2.82.12.22.7-1.2%
Switzerland1.11.61.72.022.1%
RomaniaN/AN/AN/A0.80%
Cyprus1.00.70.80.8-7.2%
Taiwan (Chinese)0.60.40.30.60.0%
Others1.11.11.22.124.1%
Total24.222.026.626.22.7%

Top Suppliers of Orthopedic Artificial Joints to Greece in 2022:

  1. Netherlands (763.6K units)
  2. Belgium (732.6K units)
  3. Germany (286.4K units)
  4. Italy (136.8K units)
  5. Romania (104.3K units)
  6. Switzerland (92.8K units)
  7. Taiwan (Chinese) (92.4K units)
  8. Cyprus (29.5K units)

Orthopedic Artificial Joints Exports in Greece

For the third year in a row, Greece recorded decline in overseas shipments of artificial joints for orthopedic purposes, which decreased by -38.5% to 26K units in 2022. In general, exports showed a precipitous slump. The smallest decline of -5.4% was in 2021. The exports peaked at 98K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, orthopedic artificial joints exports contracted to $1.4M in 2022. Overall, exports recorded a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 21%. Over the period under review, the exports reached the maximum at $1.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Orthopedic Artificial Joints in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5117426346719.5%
Cyprus24453.122732510.0%
Netherlands488358489199-25.8%
SloveniaN/A38.191.011573.7%
Italy39.929.827.140.90.8%
Hungary233N/AN/A8.5-66.8%
TurkeyN/AN/AN/A6.90%
Switzerland47.20.85.5N/A-65.9%
United Kingdom31.142.5N/AN/A36.7%
Romania53.3N/A29.5N/A-25.6%
Others30.00.928.47.4-37.3%
Total1,6781,2651,5311,373-6.5%

Top Export Markets for Orthopedic Artificial Joints from Greece in 2022:

  1. Germany (7.7K units)
  2. Cyprus (5.9K units)
  3. Netherlands (5.1K units)
  4. Slovenia (3.3K units)
  5. Italy (2.5K units)
  6. Hungary (0.8K units)
  7. Turkey (0.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the orthopedic artificial joints market in Greece. 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:

  • Greece

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Greece
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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