Bulgaria: Orthopedic Artificial Joints Market Overview 2020

Orthopedic Artificial Joints Market Size in Bulgaria

The revenue of the orthopedic artificial joints market in Bulgaria amounted to $X in 2018, coming down by -X% against the previous year. Overall, orthopedic artificial joints consumption continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. In that year, the orthopedic artificial joints market attained its peak level of $X. From 2010 to 2018, the growth of the orthopedic artificial joints market remained at a somewhat lower figure.

Orthopedic Artificial Joints Production in Bulgaria

In value terms, orthopedic artificial joints production totaled $X in 2018 estimated in export prices. In general, orthopedic artificial joints production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Orthopedic artificial joints production peaked at $X in 2011; however, from 2012 to 2018, production failed to regain its momentum.

Orthopedic Artificial Joints Exports

Exports from Bulgaria

Orthopedic artificial joints exports from Bulgaria amounted to X kg in 2018, coming down by -X% against the previous year. In general, orthopedic artificial joints exports continue to indicate a precipitous drop. The pace of growth was the most pronounced in 2013 with a decrease of -X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, orthopedic artificial joints exports stood at $X in 2018. In general, orthopedic artificial joints exports continue to indicate a precipitous deduction. The pace of growth appeared the most rapid in 2014 when exports decreased by -X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

Greece (X kg), Romania (X kg) and Slovenia (X kg) were the main destinations of orthopedic artificial joints exports from Bulgaria, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Slovenia, while the other leaders experienced a decline.

In value terms, Slovenia ($X) remains the key foreign market for orthopedic artificial joints exports from Bulgaria, comprising X% of total orthopedic artificial joints exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Slovenia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-X% per year) and Greece (-X% per year).

Export Prices by Country

In 2018, the average orthopedic artificial joints export price amounted to $X per tonne, falling by -X% against the previous year. Overall, the orthopedic artificial joints export price continues to indicate a deep setback. Over the period under review, the average export prices for artificial joints for orthopedic purposes reached their peak figure at $X per tonne in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Belgium ($X per tonne), while the average price for exports to Romania ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced mixed trend patterns.

Orthopedic Artificial Joints Imports

Imports into Bulgaria

Orthopedic artificial joints imports into Bulgaria amounted to X tonnes in 2018, going up by X% against the previous year. In general, orthopedic artificial joints imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, orthopedic artificial joints imports amounted to $X in 2018. Over the period under review, orthopedic artificial joints imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

The Netherlands (X tonnes), France (X tonnes) and Switzerland (X tonnes) were the main suppliers of orthopedic artificial joints imports to Bulgaria, together accounting for X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Switzerland ($X) and France ($X) constituted the largest orthopedic artificial joints suppliers to Bulgaria, together comprising X% of total imports.

The Netherlands (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average orthopedic artificial joints import price amounted to $X per tonne, going up by X% against the previous year. In general, the orthopedic artificial joints import price, however, continues to indicate a slight shrinkage. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. Over the period under review, the average import prices for artificial joints for orthopedic purposes attained their peak figure at $X per tonne in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Switzerland ($X per tonne), while the price for China, Hong Kong SAR ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform