Croatia - Artificial Parts Of The Body (Excl. Artificial Teeth And Dental Fittings And Artificial Joints) - Market Analysis, Forecast, Size, Trends and Insights

Croatia: Orthopedic Prosthetics Market Overview 2020

Orthopedic Prosthetics Market Size in Croatia

The revenue of the orthopedic prosthetics market in Croatia amounted to $X in 2018, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total market indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the orthopedic prosthetics market reached its maximum level at $X in 2010; afterwards, it flattened through to 2018.

Orthopedic Prosthetics Exports

Exports from Croatia

Orthopedic prosthetics exports from Croatia totaled X tonnes in 2018, lowering by -X% against the previous year. Overall, orthopedic prosthetics exports continue to indicate an abrupt deduction. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. In that year, orthopedic prosthetics exports attained their peak of X tonnes. From 2012 to 2018, the growth of orthopedic prosthetics exports remained at a somewhat lower figure.

In value terms, orthopedic prosthetics exports totaled $X in 2018. Overall, orthopedic prosthetics exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. In that year, orthopedic prosthetics exports reached their peak of $X. From 2012 to 2018, the growth of orthopedic prosthetics exports failed to regain its momentum.

Exports by Country

Slovenia (X kg), Germany (X kg) and the Netherlands (X kg) were the main destinations of orthopedic prosthetics exports from Croatia, with a combined X% share 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 the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for orthopedic prosthetics exported from Croatia were Slovenia ($X), Germany ($X) and the UK ($X), together comprising X% of total exports.

Slovenia experienced the highest growth rate of exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average orthopedic prosthetics export price stood at $X per tonne in 2018, jumping by X% against the previous year. In general, the export price indicated a resilient expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, orthopedic prosthetics export price increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. The export price peaked at $X per tonne in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Germany ($X per tonne), while the average price for exports to the Netherlands ($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 Germany, while the prices for the other major destinations experienced more modest paces of growth.

Orthopedic Prosthetics Imports

Imports into Croatia

Orthopedic prosthetics imports into Croatia totaled X tonnes in 2018, jumping by X% against the previous year. Overall, orthopedic prosthetics imports continue to indicate perceptible growth. The growth pace was the most rapid in 2009 with an increase of X% against the previous year. Imports peaked at X tonnes in 2010; however, from 2011 to 2018, imports remained at a lower figure.

In value terms, orthopedic prosthetics imports stood at $X in 2018. Over the period under review, the total imports indicated a strong increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. In that year, orthopedic prosthetics imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, the U.S. (X tonnes) constituted the largest orthopedic prosthetics supplier to Croatia, with a X% share of total imports. Moreover, orthopedic prosthetics imports from the U.S. exceeded the figures recorded by the second-largest supplier, Austria (X tonnes), twofold. The third position in this ranking was occupied by Germany (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Germany (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of orthopedic prosthetics to Croatia, comprising X% of total orthopedic prosthetics imports. The second position in the ranking was occupied by Austria ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average orthopedic prosthetics import price stood at $X per tonne in 2018, growing by X% against the previous year. Overall, the import price indicated a modest expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, orthopedic prosthetics import price decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2011 when the average import price increased by X% against the previous year. Over the period under review, the average import prices for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) attained their maximum at $X per tonne in 2016; however, from 2017 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Belgium ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform