Serbia - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrthopedic Artificial Joints Price in Serbia - 2023
Contents:
- Orthopedic Artificial Joints Price in Serbia (CIF) - 2023
- Orthopedic Artificial Joints Price in Serbia (FOB) - 2022
- Orthopedic Artificial Joints Imports in Serbia
- Orthopedic Artificial Joints Exports in Serbia
Orthopedic Artificial Joints Price in Serbia (CIF) - 2023
In November 2023, the average orthopedic artificial joints import price amounted to $28.1 per unit, picking up by 32% against the previous month. Overall, import price indicated tangible growth from November 2022 to November 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, orthopedic artificial joints import price increased by +56.8% against July 2023 indices. The growth pace was the most rapid in September 2023 an increase of 33% month-to-month. The import price peaked in November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($43.2 per unit), while the price for China ($4.6 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Ireland (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopedic Artificial Joints Price in Serbia (FOB) - 2022
In 2022, the average orthopedic artificial joints export price amounted to $22 per unit, with a decrease of -1.6% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 547%. As a result, the export price attained the peak level of $118 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($32 per unit), while the average price for exports to Italy ($15 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 Croatia (+57.7%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopedic Artificial Joints Imports in Serbia
In 2022, approx. 498K units of artificial joints for orthopedic purposes were imported into Serbia; increasing by 72% on the previous year. In general, imports, however, showed a slight decrease. Imports peaked at 522K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, orthopedic artificial joints imports soared to $7.4M in 2022. Over the period under review, imports, however, saw a abrupt curtailment. Over the period under review, imports hit record highs at $8.7M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Orthopedic Artificial Joints in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4,808 | 1,674 | 2,003 | 3,405 | -10.9% |
Ireland | 720 | 633 | 749 | 1,233 | 19.6% |
Switzerland | 450 | 307 | 912 | 1,018 | 31.3% |
Germany | 1,392 | 740 | 929 | 927 | -12.7% |
Italy | 572 | 289 | 237 | 320 | -17.6% |
France | 210 | 69.5 | 193 | 155 | -9.6% |
Netherlands | N/A | 101 | N/A | 127 | 12.1% |
China | 70.7 | 106 | 22.9 | 86.9 | 7.1% |
United Kingdom | 350 | 199 | 155 | 76.8 | -39.7% |
Others | 114 | 22.2 | 39.4 | 83.2 | -10.0% |
Total | 8,687 | 4,142 | 5,240 | 7,431 | -5.1% |
Top Suppliers of Orthopedic Artificial Joints to Serbia in 2022:
- United States (230.7K units)
- Germany (80.8K units)
- Ireland (69.8K units)
- Switzerland (52.5K units)
- Netherlands (18.7K units)
- China (17.0K units)
- Italy (13.0K units)
- France (7.2K units)
- United Kingdom (5.0K units)
Orthopedic Artificial Joints Exports in Serbia
In 2022, approx. 5.5K units of artificial joints for orthopedic purposes were exported from Serbia; increasing by 20% compared with the previous year. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 86%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, orthopedic artificial joints exports skyrocketed to $123K in 2022. In general, exports, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 67%. The exports peaked at $230K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Orthopedic Artificial Joints in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovenia | 0.7 | 30.7 | 0.2 | 97.4 | 418.2% |
Italy | N/A | N/A | 0.4 | 15.9 | 3875.0% |
Germany | N/A | 9.3 | 22.3 | 7.4 | -10.8% |
Bulgaria | N/A | N/A | N/A | 1.8 | 0% |
Croatia | 230 | N/A | N/A | N/A | 0% |
Bosnia and Herzegovina | N/A | N/A | 73.3 | N/A | 0% |
Poland | N/A | N/A | 8.2 | N/A | 0% |
Netherlands | N/A | 14.2 | N/A | N/A | 0% |
Others | N/A | 8.3 | N/A | 0.1 | -89.0% |
Total | 230 | 62.5 | 104 | 123 | -18.8% |
Top Export Markets for Orthopedic Artificial Joints from Serbia in 2022:
- Slovenia (4.1K units)
- Italy (1.1K units)
- Germany (0.2K units)
- Bulgaria (0.1K units)
This report provides an in-depth analysis of the orthopedic artificial joints market in Serbia. 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:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- 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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