Italy - 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 Italy - 2023
Contents:
- Orthopedic Prosthetics Price in Italy (CIF) - 2022
- Orthopedic Prosthetics Price in Italy (FOB) - 2023
- Orthopedic Prosthetics Imports in Italy
- Orthopedic Prosthetics Exports in Italy
Orthopedic Prosthetics Price in Italy (CIF) - 2022
The average orthopedic prosthetics import price stood at $10 per unit in 2022, increasing by 5.5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 26%. Over the period under review, average import prices attained the peak figure at $11 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($20 per unit), while the price for Mexico ($1.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Orthopedic Prosthetics Price in Italy (FOB) - 2023
In July 2023, the average orthopedic prosthetics export price amounted to $19.6 per unit, increasing by 4.5% against the previous month. Overall, export price indicated a tangible increase from July 2022 to July 2023: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, orthopedic prosthetics export price increased by +4.5% against June 2023 indices. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 67% m-o-m. As a result, the export price reached the peak level of $19.9 per unit. From May 2023 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Iran ($37.3 per unit), while the average price for exports to Russia ($6.1 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopedic Prosthetics Imports in Italy
In 2022, approx. 36M units of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) were imported into Italy; reducing by -15.3% on 2021. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 5.3%. Over the period under review, imports reached the peak figure at 49M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, orthopedic prosthetics imports dropped to $375M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of $419M, and then contracted in the following year.
| Import of Orthopedic Prosthetics in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 206 | 200 | 261 | 224 | 2.8% |
| Belgium | 47.1 | 49.5 | 58.6 | 42.1 | -3.7% |
| Germany | 24.5 | 15.8 | 17.5 | 28.7 | 5.4% |
| United States | 20.8 | 20.5 | 21.2 | 15.2 | -9.9% |
| United Kingdom | 14.4 | 12.6 | 17.2 | 15.2 | 1.8% |
| Canada | 23.1 | 17.5 | 13.1 | 13.8 | -15.8% |
| France | 9.4 | 7.0 | 7.9 | 11.1 | 5.7% |
| Mexico | 0.8 | 4.0 | 6.7 | 5.7 | 92.4% |
| Others | 21.6 | 17.9 | 16.1 | 18.7 | -4.7% |
| Total | 368 | 345 | 419 | 375 | 0.6% |
Top Suppliers of Orthopedic Prosthetics to Italy in 2022:
- Netherlands (11.4M units)
- Belgium (7.9M units)
- Germany (4.7M units)
- Mexico (3.0M units)
- United States (2.2M units)
- United Kingdom (2.0M units)
- France (1.2M units)
- Canada (0.6M units)
Orthopedic Prosthetics Exports in Italy
Orthopedic prosthetics exports from Italy expanded modestly to 6.4M units in 2022, surging by 2.5% on the previous year. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.0% 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 +51.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, orthopedic prosthetics exports stood at $86M in 2022. Overall, exports, however, showed a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. The exports peaked at $105M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Orthopedic Prosthetics in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.8 | 8.7 | 10.1 | 9.0 | -5.9% |
| Spain | 11.5 | 6.9 | 8.8 | 8.3 | -10.3% |
| Turkey | 6.8 | 2.2 | 3.0 | 6.1 | -3.6% |
| France | 4.1 | 3.6 | 4.7 | 4.7 | 4.7% |
| Netherlands | 5.0 | 3.7 | 3.9 | 4.4 | -4.2% |
| United States | 4.4 | 3.2 | 4.5 | 4.2 | -1.5% |
| Germany | 4.6 | 3.1 | 3.6 | 3.1 | -12.3% |
| Belgium | 1.5 | 1.8 | 2.2 | 2.8 | 23.1% |
| United Kingdom | 5.0 | 3.4 | 3.4 | 2.8 | -17.6% |
| Canada | 4.8 | 1.9 | 1.7 | 2.6 | -18.5% |
| India | 3.1 | 1.1 | 1.3 | 2.4 | -8.2% |
| Switzerland | 1.2 | 1.2 | 2.1 | 2.0 | 18.6% |
| Romania | 0.9 | 0.7 | 1.1 | 1.2 | 10.1% |
| Others | 41.6 | 28.0 | 30.1 | 32.9 | -7.5% |
| Total | 105 | 69.5 | 80.6 | 86.5 | -6.3% |
Top Export Markets for Orthopedic Prosthetics from Italy in 2022:
- Spain (741.7K units)
- China (724.3K units)
- France (353.5K units)
- Turkey (303.2K units)
- Germany (287.8K units)
- India (266.5K units)
- Switzerland (262.3K units)
- United States (233.8K units)
- Netherlands (226.5K units)
- United Kingdom (208.4K units)
- Belgium (168.0K units)
- Canada (146.5K units)
- Romania (146.5K units)
This report provides an in-depth analysis of the orthopedic prosthetics market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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
-
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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