Portugal - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrthopedic Artificial Joints Price in Portugal - 2023
Contents:
- Orthopedic Artificial Joints Price in Portugal (CIF) - 2023
- Orthopedic Artificial Joints Price in Portugal (FOB) - 2023
- Orthopedic Artificial Joints Imports in Portugal
- Orthopedic Artificial Joints Exports in Portugal
Orthopedic Artificial Joints Price in Portugal (CIF) - 2023
The average orthopedic artificial joints import price stood at $19.7 per unit in October 2023, reducing by -13.9% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 29% month-to-month. The import price peaked at $23.3 per unit in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($27.8 per unit), while the price for India ($844 per thousand units) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopedic Artificial Joints Price in Portugal (FOB) - 2023
In October 2023, the average orthopedic artificial joints export price amounted to $22.7 per unit, reducing by -4.1% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 37% month-to-month. Over the period under review, the average export prices hit record highs at $27.2 per unit in May 2023; however, from June 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($44.1 per unit), while the average price for exports to Brazil ($6.3 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopedic Artificial Joints Imports in Portugal
In 2022, imports of artificial joints for orthopedic purposes into Portugal reduced to 2.2M units, falling by -2.4% compared with the year before. Over the period under review, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 30%. Over the period under review, imports hit record highs at 2.9M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, orthopedic artificial joints imports declined to $42M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of $47M, and then dropped in the following year.
| Import of Orthopedic Artificial Joints in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 7.8 | 13.3 | 20.3 | 16.2 | 27.6% |
| Spain | 16.6 | 13.6 | 17.5 | 16.0 | -1.2% |
| Italy | 2.0 | 2.0 | 3.3 | 3.5 | 20.5% |
| United States | 1.7 | 1.5 | 1.7 | 1.8 | 1.9% |
| France | 7.6 | 2.1 | 0.5 | 1.5 | -41.8% |
| Brazil | 0.4 | N/A | 0.4 | 1.2 | 44.2% |
| Germany | 1.9 | 1.8 | 1.9 | 1.1 | -16.7% |
| Turkey | 0.7 | 0.3 | 0.1 | N/A | -62.2% |
| Others | 1.3 | 1.1 | 1.0 | 1.1 | -5.4% |
| Total | 40.0 | 35.6 | 46.6 | 42.4 | 2.0% |
Top Suppliers of Orthopedic Artificial Joints to Portugal in 2022:
- Spain (1130.7K units)
- Netherlands (555.4K units)
- Italy (200.9K units)
- Brazil (93.1K units)
- United States (67.2K units)
- Germany (59.8K units)
- France (51.7K units)
- Turkey (10.9K units)
Orthopedic Artificial Joints Exports in Portugal
For the third consecutive year, Portugal recorded decline in shipments abroad of artificial joints for orthopedic purposes, which decreased by -3.8% to 319K units in 2022. Over the period under review, exports saw a abrupt decrease. The exports peaked at 396K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, orthopedic artificial joints exports declined dramatically to $6.9M in 2022. The total export value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, the exports reached the peak of $8.2M, and then contracted rapidly in the following year.
| Export of Orthopedic Artificial Joints in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,495 | 2,158 | 2,513 | 2,338 | 16.1% |
| Brazil | 1,060 | 572 | 789 | 1,147 | 2.7% |
| Netherlands | 843 | 436 | 2,796 | 1,110 | 9.6% |
| Germany | 276 | 481 | 695 | 817 | 43.6% |
| France | 136 | 449 | 341 | 486 | 52.9% |
| Hungary | 224 | 322 | 387 | 381 | 19.4% |
| Italy | 6.5 | 4.0 | 229 | 324 | 268.0% |
| Turkey | 1,149 | 506 | 62.0 | 68.9 | -60.9% |
| Switzerland | 278 | 377 | 20.4 | 10.6 | -66.3% |
| India | 625 | 444 | 51.1 | N/A | -71.4% |
| Others | 178 | 343 | 336 | 219 | 7.2% |
| Total | 6,272 | 6,091 | 8,219 | 6,901 | 3.2% |
Top Export Markets for Orthopedic Artificial Joints from Portugal in 2022:
- Spain (124.7K units)
- Brazil (86.1K units)
- Netherlands (26.1K units)
- Germany (17.0K units)
- Hungary (16.2K units)
- France (14.4K units)
- Italy (14.2K units)
- Turkey (7.8K units)
- Switzerland (0.5K units)
This report provides an in-depth analysis of the orthopedic artificial joints market in Portugal. 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:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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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