CIS: Orthopaedic Appliances Market 2024

Orthopaedic Appliances Market Size in CIS

The CIS orthopaedic appliances market reduced remarkably to $X in 2022, waning by X% against the previous year. Overall, consumption recorded prominent growth. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Orthopaedic Appliances Production in CIS

In value terms, orthopaedic appliances production skyrocketed to $X in 2022 estimated in export price. In general, production enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. The level of production peaked in 2022 and is likely to see gradual growth in years to come.

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Orthopaedic Appliances Exports

Exports in CIS

In 2022, approx. X units of orthopaedic appliances and splints were exported in the CIS; surging by X% compared with the year before. Overall, exports continue to indicate a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, orthopaedic appliances exports declined remarkably to $X in 2022. Over the period under review, exports, however, recorded a mild decrease. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Kazakhstan was the largest exporter of orthopaedic appliances and splints in the CIS, with the volume of exports reaching X units, which was near X% of total exports in 2022. Russia (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Armenia (X%) and Belarus (X%).

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

In value terms, Russia ($X) remains the largest orthopaedic appliances supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Armenia ($X), with a X% share of total exports. It was followed by Belarus, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Armenia (X% per year) and Belarus (X% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per unit, declining by X% against the previous year. In general, the export price faced a deep setback. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Russia ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

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

Orthopaedic Appliances Imports

Imports in CIS

In 2022, approx. X units of orthopaedic appliances and splints were imported in the CIS; surging by X% compared with the previous year. Overall, imports recorded a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, orthopaedic appliances imports reached $X in 2022. Total imports indicated a buoyant increase 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Russia (X units) was the largest importer of orthopaedic appliances and splints, constituting X% of total imports. Kazakhstan (X units) ranks second in terms of the total imports with an X% share, followed by Armenia (X%) and Belarus (X%). Uzbekistan (X units), Azerbaijan (X units) and Moldova (X units) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of X% from 2012 to 2022. At the same time, Uzbekistan (X%), Azerbaijan (X%), Armenia (X%), Belarus (X%), Kazakhstan (X%) and Moldova (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. Armenia (X p.p.), Uzbekistan (X p.p.) and Azerbaijan (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported orthopaedic appliances and splints in the CIS, comprising X% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

In Russia, orthopaedic appliances imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per unit, increasing by X% against the previous year. Overall, the import price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per unit), while Armenia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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