Bolivia - Artificial Parts Of The Body (Excl. Artificial Teeth And Dental Fittings And Artificial Joints) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Bolivia - Artificial Parts Of The Body (Excl. Artificial Teeth And Dental Fittings And Artificial Joints) - Market Analysis, Forecast, Size, Trends and Insights

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Orthopedic Prosthetics Price in Bolivia - 2023

Contents:

  1. Orthopedic Prosthetics Price in Bolivia (CIF) - 2023
  2. Orthopedic Prosthetics Price in Bolivia (FOB) - 2022
  3. Orthopedic Prosthetics Imports in Bolivia
  4. Orthopedic Prosthetics Exports in Bolivia

Orthopedic Prosthetics Price in Bolivia (CIF) - 2023

The average orthopedic prosthetics import price stood at $11.9 per unit in June 2023, remaining relatively unchanged against the previous month. Over the period from October 2022 to June 2023, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in January 2023 an increase of 9.7% m-o-m. Over the period under review, average import prices hit record highs at $11.9 per unit in April 2023; afterwards, it flattened through to June 2023.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were Italy ($10.7 per unit) and India ($10.7 per unit), while the price for South Korea ($10.7 per unit) and Belgium ($10.7 per unit) were amongst the lowest.

From October 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Orthopedic Prosthetics Price in Bolivia (FOB) - 2022

The average orthopedic prosthetics export price stood at $3.6 per unit in 2022, with an increase of 296% against the previous year. Overall, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($42 per unit), while the average price for exports to the UK ($1 per unit) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+6.2%).

Orthopedic Prosthetics Imports in Bolivia

In 2022, approx. 8.7M units of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) were imported into Bolivia; picking up by 110% on 2021 figures. Overall, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 135% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, orthopedic prosthetics imports surged to $1.6M in 2022. Over the period under review, imports saw a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 74% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Orthopedic Prosthetics in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China79.571.013138669.3%
United States20991.660.438122.2%
France166109200160-1.2%
India56.278.183.014637.5%
Belgium45.217.279.813845.1%
Costa Rica42.048.653.177.322.5%
Germany74.924.048.060.3-7.0%
Brazil45.315.366.060.19.9%
Netherlands14319.490.629.8-40.7%
Turkey14.30.926.526.022.1%
Others380262442173-23.1%
Total1,2577371,2801,6389.2%

Top Suppliers of Orthopedic Prosthetics to Bolivia in 2022:

  1. China (4978.7K units)
  2. India (1140.4K units)
  3. United States (968.9K units)
  4. France (548.0K units)
  5. Belgium (281.2K units)
  6. Turkey (196.2K units)
  7. Costa Rica (144.3K units)
  8. Germany (136.5K units)
  9. Brazil (122.2K units)
  10. Netherlands (52.1K units)

Orthopedic Prosthetics Exports in Bolivia

In 2022, exports of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) from Bolivia plummeted to 4.8K units, with a decrease of -87.4% against the year before. Overall, exports showed a precipitous setback. Over the period under review, the exports reached the peak figure at 38K units in 2021, and then contracted significantly in the following year.

In value terms, orthopedic prosthetics exports reduced sharply to $17K in 2022. In general, exports continue to indicate a dramatic decrease. The exports peaked at $35K in 2021, and then declined markedly in the following year.

Export of Orthopedic Prosthetics in Bolivia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United States13.710.0-27.0%
Brazil8.55.6-34.1%
United KingdomN/A1.90%
Peru12.7N/A0%
OthersN/AN/A0%
Total34.917.4-50.1%

Top Export Markets for Orthopedic Prosthetics from Bolivia in 2022:

  1. United States (2.7K units)
  2. United Kingdom (1.9K units)
  3. Brazil (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the orthopedic prosthetics market in Bolivia. 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 32502290 - Artificial parts of the body (excluding artificial teeth and dental fittings, artificial joints, orthopaedic and fracture appliances, h eart pacemakers)

Country coverage:

  • Bolivia

Data coverage:

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