Lithuania - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrthopedic Artificial Joints Price in Lithuania - 2023
Contents:
- Orthopedic Artificial Joints Price in Lithuania (CIF) - 2023
- Orthopedic Artificial Joints Price in Lithuania (FOB) - 2022
- Orthopedic Artificial Joints Imports in Lithuania
- Orthopedic Artificial Joints Exports in Lithuania
Orthopedic Artificial Joints Price in Lithuania (CIF) - 2023
In October 2023, the average orthopedic artificial joints import price amounted to $18.5 per unit, declining by -27.2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 55% month-to-month. The import price peaked at $25.7 per unit in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($28.7 per unit), while the price for France ($14.5 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 Germany (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopedic Artificial Joints Price in Lithuania (FOB) - 2022
The average orthopedic artificial joints export price stood at $16 per unit in 2022, declining by -11.1% against the previous year. Over the period under review, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2020 an increase of 46%. Over the period under review, the average export prices attained the maximum at $37 per unit in 2013; however, from 2014 to 2022, the export prices stood 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 Kazakhstan amounted to +97.7% per year.
Orthopedic Artificial Joints Imports in Lithuania
In 2022, approx. 578K units of artificial joints for orthopedic purposes were imported into Lithuania; growing by 10% compared with the previous year. The total import volume increased at an average annual rate of +3.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, orthopedic artificial joints imports expanded remarkably to $8.8M in 2022. Over the period under review, imports, however, showed a pronounced slump. The growth pace was the most rapid in 2021 when imports increased by 17%. Imports peaked at $9.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Orthopedic Artificial Joints in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 3.5 | 2.7 | 3.5 | 3.9 | 3.7% |
Germany | 2.4 | 1.7 | 1.8 | 1.9 | -7.5% |
Poland | 2.0 | 1.3 | 1.7 | 1.7 | -5.3% |
France | 1.1 | 0.9 | 0.7 | 0.8 | -10.1% |
Others | 0.6 | 0.4 | 0.5 | 0.5 | -5.9% |
Total | 9.6 | 7.1 | 8.3 | 8.8 | -2.9% |
Top Suppliers of Orthopedic Artificial Joints to Lithuania in 2022:
- Netherlands (297.6K units)
- Germany (121.5K units)
- Poland (78.0K units)
- France (57.5K units)
Orthopedic Artificial Joints Exports in Lithuania
Orthopedic artificial joints exports from Lithuania soared to 45K units in 2022, growing by 132% compared with the year before. Over the period under review, exports, however, showed a precipitous decline. The exports peaked at 604K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, orthopedic artificial joints exports surged to $706K in 2022. Overall, exports, however, continue to indicate a significant curtailment. The exports peaked at $13M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Orthopedic Artificial Joints in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 12.3 | 0.2 | 0.3 | 0.7 | -61.5% |
Kazakhstan | 0.2 | N/A | N/A | N/A | 0% |
Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Total | 12.6 | 0.3 | 0.3 | 0.7 | -61.8% |
Top Export Markets for Orthopedic Artificial Joints from Lithuania in 2022:
- Russia (44.5K units)
This report provides an in-depth analysis of the orthopedic artificial joints market in Lithuania. 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:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- 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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