Nepal - 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 Nepal - 2022
Contents:
- Orthopedic Prosthetics Price in Nepal (CIF) - 2022
- Orthopedic Prosthetics Price in Nepal (FOB) - 2022
- Orthopedic Prosthetics Imports in Nepal
- Orthopedic Prosthetics Exports in Nepal
Orthopedic Prosthetics Price in Nepal (CIF) - 2022
In 2022, the average orthopedic prosthetics import price amounted to $9.9 per unit, which is down by -4.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 7.5% against the previous year. As a result, import price attained the peak level of $11 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Singapore ($10 per unit) and China ($9.9 per unit), while the price for Belgium ($9.9 per unit) and Germany ($9.9 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopedic Prosthetics Price in Nepal (FOB) - 2022
In 2022, the average orthopedic prosthetics export price amounted to $4.7 per unit, shrinking by -6% against the previous year. Over the period under review, the export price, however, showed a noticeable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 80% against the previous year. Over the period under review, the average export prices hit record highs at $5.3 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($8.8 per unit), while the average price for exports to South Africa ($1.2 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 China (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopedic Prosthetics Imports in Nepal
In 2022, imports of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) into Nepal soared to 89K units, increasing by 32% against 2021 figures. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +102.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, orthopedic prosthetics imports surged to $878K in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +96.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Orthopedic Prosthetics in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 150 | 147 | 138 | 568 | 55.9% |
| India | 30.1 | 42.0 | 61.4 | 163 | 75.6% |
| Switzerland | 4.5 | 4.2 | 0.9 | 38.8 | 105.1% |
| Germany | 6.1 | 26.5 | 39.6 | 33.8 | 77.0% |
| Belgium | 122 | 27.7 | 229 | 29.4 | -37.8% |
| China | 0.6 | 0.2 | 9.0 | 22.6 | 235.2% |
| Singapore | 33.1 | 36.7 | 5.0 | 0.5 | -75.3% |
| Italy | 9.5 | 29.3 | 11.5 | N/A | 10.0% |
| Netherlands | 186 | 117 | 186 | N/A | 0.0% |
| Others | 31.7 | 17.0 | 15.9 | 22.2 | -11.2% |
| Total | 574 | 448 | 696 | 878 | 15.2% |
Top Suppliers of Orthopedic Prosthetics to Nepal in 2022:
- United States (57.5K units)
- India (16.5K units)
- Switzerland (3.9K units)
- Germany (3.4K units)
- Belgium (3.0K units)
- China (2.3K units)
Orthopedic Prosthetics Exports in Nepal
Orthopedic prosthetics exports from Nepal declined sharply to 56K units in 2022, waning by -85.7% against the year before. Overall, exports faced a significant decline. The smallest decline of -10.4% was in 2020. Over the period under review, the exports attained the maximum at 505K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, orthopedic prosthetics exports plummeted to $260K in 2022. Over the period under review, exports continue to indicate a sharp decline. The smallest decline of -6.4% was in 2021. The exports peaked at $2.7M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Orthopedic Prosthetics in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 198 | 106 | 249 | 129 | -13.3% |
| Sri Lanka | 41.9 | 43.9 | 45.1 | 49.8 | 5.9% |
| China | 2,330 | 1,772 | 1,560 | 30.5 | -76.4% |
| South Africa | 11.1 | 21.2 | 10.7 | 29.8 | 39.0% |
| Thailand | 13.8 | 45.2 | 14.4 | 12.2 | -4.0% |
| Others | 59.0 | 80.1 | 57.2 | 8.7 | -47.2% |
| Total | 2,653 | 2,068 | 1,936 | 260 | -53.9% |
Top Export Markets for Orthopedic Prosthetics from Nepal in 2022:
- South Africa (24.3K units)
- Pakistan (14.6K units)
- Thailand (6.6K units)
- Sri Lanka (5.6K units)
- China (3.5K units)
This report provides an in-depth analysis of the orthopedic prosthetics market in Nepal. 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:
- Nepal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nepal
- 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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