Report Croatia - Artificial Parts of the Body (Excl. Artificial Teeth and Dental Fittings and Artificial Joints) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Croatia - 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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Croatia: Orthopedic Prosthetics Market 2023

Orthopedic Prosthetics Market Size in Croatia

The Croatian orthopedic prosthetics market surged to $X in 2021, picking up by 28% against the previous year. The market value increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Orthopedic Prosthetics Production in Croatia

In value terms, orthopedic prosthetics production contracted rapidly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by 46%. Orthopedic prosthetics production peaked at $X in 2020, and then shrank dramatically in the following year.

Orthopedic Prosthetics Exports

Exports from Croatia

In 2021, orthopedic prosthetics exports from Croatia declined to X tons, almost unchanged from the previous year's figure. In general, exports recorded a mild shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 165% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, orthopedic prosthetics exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate measured growth. The pace of growth was the most pronounced in 2016 with an increase of 128% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Serbia (X tons), Austria (X kg) and Montenegro (X kg) were the main destinations of orthopedic prosthetics exports from Croatia, together accounting for 60% of total exports.

From 2012 to 2021, the biggest increases were in Montenegro (with a CAGR of +27.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for orthopedic prosthetics exported from Croatia were Slovenia ($X), Bosnia and Herzegovina ($X) and Montenegro ($X), together accounting for 49% of total exports.

Among the main countries of destination, Montenegro, with a CAGR of +37.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average orthopedic prosthetics export price amounted to $X per ton, growing by 66% against the previous year. In general, export price indicated a notable expansion from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, orthopedic prosthetics export price increased by +177.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 67%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Spain ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Orthopedic Prosthetics Imports

Imports into Croatia

In 2021, the amount of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) imported into Croatia soared to X tons, picking up by 32% on the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, orthopedic prosthetics imports soared to $X in 2021. The total import value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Austria (X tons) and France (X tons) were the main suppliers of orthopedic prosthetics imports to Croatia, together accounting for 80% of total imports. These countries were followed by Belgium, Italy, the Netherlands, the Czech Republic, Ireland and the United States, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were in the Czech Republic (with a CAGR of +106.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest orthopedic prosthetics suppliers to Croatia were Germany ($X), Italy ($X) and the Netherlands ($X), with a combined 61% share of total imports. These countries were followed by France, Austria, Belgium, Ireland, the United States and the Czech Republic, which together accounted for a further 31%.

The Czech Republic, with a CAGR of +69.3%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average orthopedic prosthetics import price stood at $X per ton in 2021, dropping by -4.8% against the previous year. Over the period under review, the import price, however, saw tangible growth. The most prominent rate of growth was recorded in 2016 an increase of 55%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in the world?
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The countries with the highest volumes of consumption in 2021 were China, the United States and Germany, together accounting for 38% of global consumption. India, Japan, Belgium, Russia, Indonesia, Mexico, France, Spain, Bangladesh and Nigeria lagged somewhat behind, together comprising a further 35%.
What are the largest producers of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in the world?
+
The countries with the highest volumes of production in 2021 were China, Germany and the United States, with a combined 40% share of global production. India, the Netherlands, Japan, Singapore, Indonesia, Russia, Costa Rica, Belgium, Mexico and Bangladesh lagged somewhat behind, together comprising a further 38%.
What are the leading suppliers of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) to Croatia?
+
In value terms, the largest orthopedic prosthetics suppliers to Croatia were Germany, Italy and the Netherlands, together accounting for 61% of total imports. France, Austria, Belgium, Ireland, the United States and the Czech Republic lagged somewhat behind, together comprising a further 31%.
What are the leading importers of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) from Croatia?
+
In value terms, Slovenia, Bosnia and Herzegovina and Montenegro appeared to be the largest markets for orthopedic prosthetics exported from Croatia worldwide, with a combined 49% share of total exports.
What is the average export price for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in Croatia?
+
In 2021, the average orthopedic prosthetics export price amounted to $577,130 per ton, increasing by 66% against the previous year.
What is the average import price for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in Croatia?
+
In 2021, the average orthopedic prosthetics import price amounted to $520,481 per ton, waning by -4.8% against the previous year.

This report provides an in-depth analysis of the orthopedic prosthetics market in Croatia. 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:
• Croatia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Croatia
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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