Brazil - 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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View PricingOrthopedic Prosthetics Price in Brazil - 2023
Contents:
- Orthopedic Prosthetics Price in Brazil (CIF) - 2023
- Orthopedic Prosthetics Price in Brazil (FOB) - 2023
- Orthopedic Prosthetics Imports in Brazil
- Orthopedic Prosthetics Exports in Brazil
Orthopedic Prosthetics Price in Brazil (CIF) - 2023
In September 2023, the average orthopedic prosthetics import price amounted to $5.7 per unit, declining by -20.7% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 34% m-o-m. The import price peaked at $7.2 per unit in August 2023, and then shrank dramatically in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($15.4 per unit), while the price for China ($1.3 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopedic Prosthetics Price in Brazil (FOB) - 2023
The average orthopedic prosthetics export price stood at $17.5 per unit in September 2023, with an increase of 20% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 46% month-to-month. Over the period under review, the average export prices reached the maximum at $21.4 per unit in July 2023; however, from August 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($77.9 per unit), while the average price for exports to Colombia ($3.2 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopedic Prosthetics Imports in Brazil
In 2022, supplies from abroad of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) increased by 27% to 31M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a perceptible shrinkage. Over the period under review, imports attained the maximum at 34M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, orthopedic prosthetics imports skyrocketed to $171M in 2022. In general, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 33%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Orthopedic Prosthetics in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 60.0 | 34.5 | 52.8 | 72.8 | 6.7% |
| Germany | 17.4 | 17.9 | 24.8 | 19.6 | 4.0% |
| Ireland | 10.6 | 5.9 | 8.7 | 15.9 | 14.5% |
| Costa Rica | 6.2 | 4.1 | 6.0 | 11.6 | 23.2% |
| United Kingdom | 8.0 | 6.5 | 6.2 | 8.9 | 3.6% |
| India | 1.1 | 1.2 | 4.1 | 7.2 | 87.1% |
| Mexico | 4.5 | 2.5 | 5.7 | 5.6 | 7.6% |
| Singapore | 1.6 | 6.4 | 5.8 | 5.1 | 47.2% |
| France | 4.6 | 1.7 | 1.1 | 3.0 | -13.3% |
| Argentina | 2.8 | 1.1 | 1.4 | 3.0 | 2.3% |
| Netherlands | 16.7 | 8.8 | 3.9 | 2.4 | -47.6% |
| China | 2.0 | 1.5 | 2.0 | 2.4 | 6.3% |
| Others | 13.1 | 6.3 | 8.7 | 13.3 | 0.5% |
| Total | 149 | 98.5 | 131 | 171 | 4.7% |
Top Suppliers of Orthopedic Prosthetics to Brazil in 2022:
- Costa Rica (8.0M units)
- United States (5.6M units)
- United Kingdom (3.7M units)
- Germany (3.4M units)
- Ireland (1.7M units)
- India (1.5M units)
- France (1.1M units)
- China (1.0M units)
- Mexico (0.8M units)
- Argentina (0.7M units)
- Netherlands (0.6M units)
- Singapore (0.6M units)
Orthopedic Prosthetics Exports in Brazil
In 2022, orthopedic prosthetics exports from Brazil shrank markedly to 5.3M units, with a decrease of -18.9% compared with the previous year. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 70% against the previous year. As a result, the exports reached the peak of 6.5M units, and then reduced markedly in the following year.
In value terms, orthopedic prosthetics exports reduced to $87M in 2022. The total export value increased at an average annual rate of +1.9% 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 with an increase of 53%. As a result, the exports attained the peak of $96M, and then dropped in the following year.
| Export of Orthopedic Prosthetics in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 0.1 | N/A | 9.2 | 32.3 | 586.1% |
| Belgium | 18.1 | 11.0 | 21.6 | 17.0 | -2.1% |
| United States | 24.0 | 15.8 | 14.9 | 14.6 | -15.3% |
| Costa Rica | 3.6 | 0.3 | 0.8 | 4.9 | 10.8% |
| Colombia | 2.0 | 7.7 | 15.9 | 2.7 | 10.5% |
| Russia | 1.2 | 1.0 | 2.1 | 2.0 | 18.6% |
| Mexico | 1.4 | 0.9 | 1.6 | 1.6 | 4.6% |
| Netherlands | 1.1 | 0.9 | 1.3 | 1.3 | 5.7% |
| Germany | 0.7 | 0.5 | 1.0 | 0.9 | 8.7% |
| Dominican Republic | 0.2 | 0.2 | 0.6 | 0.8 | 58.7% |
| Chile | 0.4 | 0.4 | 0.9 | 0.5 | 7.7% |
| Iran | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Thailand | 0.6 | 0.3 | 0.3 | 0.4 | -12.6% |
| Others | 29.1 | 23.9 | 25.9 | 7.8 | -35.5% |
| Total | 82.5 | 62.9 | 96.2 | 87.2 | 1.9% |
Top Export Markets for Orthopedic Prosthetics from Brazil in 2022:
- Belgium (880.7K units)
- Ireland (568.9K units)
- Colombia (533.0K units)
- United States (443.4K units)
- Mexico (425.7K units)
- Germany (390.4K units)
- Russia (352.6K units)
- Netherlands (219.3K units)
- Costa Rica (189.4K units)
- Iran (106.4K units)
- Thailand (101.9K units)
- Dominican Republic (98.5K units)
- Chile (96.2K units)
This report provides an in-depth analysis of the orthopedic prosthetics market in Brazil. 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:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- 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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