Central Asia: Orthopedic Artificial Joints Market 2024

Orthopedic Artificial Joints Market Size in Central Asia

In 2022, the Central Asian orthopedic artificial joints market increased by X% to $X, rising for the second year in a row after two years of decline. The total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Orthopedic Artificial Joints Production in Central Asia

In value terms, orthopedic artificial joints production reached $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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Orthopedic Artificial Joints Exports

Exports in Central Asia

In 2022, the amount of artificial joints for orthopedic purposes exported in Central Asia declined sharply to X units, reducing by X% compared with 2021 figures. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, orthopedic artificial joints exports contracted sharply to $X in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Kyrgyzstan dominates exports structure, amounting to X units, which was near X% of total exports in 2022. Uzbekistan (X units) followed a long way behind the leaders.

Kyrgyzstan was also the fastest-growing in terms of the artificial joints for orthopedic purposes exports, with a CAGR of X% from 2012 to 2022. Uzbekistan (X%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kyrgyzstan ($X) remains the largest orthopedic artificial joints supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kyrgyzstan amounted to X%.

Export Prices by Country

The export price in Central Asia stood at $X per unit in 2022, picking up by X% against the previous year. In general, the export price showed a prominent expansion. The pace of growth was the most pronounced in 2017 when the export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per unit), while Kyrgyzstan totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%).

Orthopedic Artificial Joints Imports

Imports in Central Asia

In 2022, orthopedic artificial joints imports in Central Asia dropped modestly to X units, waning by X% compared with the year before. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. The volume of import peaked at X units in 2021, and then contracted modestly in the following year.

In value terms, orthopedic artificial joints imports skyrocketed to $X in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

Kazakhstan represented the largest importer of artificial joints for orthopedic purposes in Central Asia, with the volume of imports finishing at X units, which was near X% of total imports in 2022. Uzbekistan (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Tajikistan (X%), Mongolia (X%) and Kyrgyzstan (X%).

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Mongolia ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Kyrgyzstan and Tajikistan lagged somewhat behind, together comprising a further X%.

Kyrgyzstan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price, however, continues to indicate a mild descent. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Tajikistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mongolia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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