Cyprus - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights

Cyprus: Orthopedic Artificial Joints Market Overview 2019

Orthopedic Artificial Joints Market Size in Cyprus

The revenue of the orthopedic artificial joints market in Cyprus amounted to $X in 2018, shrinking by -X% against the previous year. Over the period under review, orthopedic artificial joints consumption, however, continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. Over the period under review, the orthopedic artificial joints market reached its peak figure level at $X in 2015; however, from 2016 to 2018, consumption stood at a somewhat lower figure.

Orthopedic Artificial Joints Production in Cyprus

In value terms, orthopedic artificial joints production amounted to $X in 2018 estimated in export prices. Over the period under review, orthopedic artificial joints production continues to indicate a drastic decline. The most prominent rate of growth was recorded in 2013, when the output figure increased by X% year-to-year. Over the period under review, orthopedic artificial joints production attained its peak figure level at $X in 2015; however, from 2016 to 2018, production stood at a somewhat lower figure.

Orthopedic Artificial Joints Exports

Exports from Cyprus

In 2018, exports of artificial joints for orthopedic purposes from Cyprus totaled X tonnes, rising by X% against the previous year. Over the period under review, orthopedic artificial joints exports, however, continue to indicate a deep descent. The pace of growth appeared the most rapid in 2018, when exports increased by X% against the previous year. Cyprus 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 totaled $X in 2018. Overall, orthopedic artificial joints exports, however, continue to indicate an abrupt decline. The pace of growth was the most pronounced in 2018, with an increase of X% against the previous year. Over the period under review, orthopedic artificial joints exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, Ireland (X tonnes), distantly followed by the U.S. (X tonnes), the Netherlands (X tonnes), Belgium (X tonnes), Switzerland (X tonnes), Germany (X tonnes), France (X tonnes) and the UK (X tonnes) represented the largest exporters of artificial joints for orthopedic purposes, together committing X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the Netherlands ($X) and Ireland ($X) appeared to be the countries with the highest levels of exports in 2018, together accounting for X% of total exports.

In terms of the main exporting countries, the Netherlands experienced the highest growth rate of exports, over the last eleven year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the orthopedic artificial joints export price in Cyprus amounted to $X per kg, picking up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009, an increase of X% against the previous year. Over the period under review, the export prices for artificial joints for orthopedic purposes reached their peak figure in 2018, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of origin; the country with the highest export price was Germany ($X per kg), while Ireland ($X per kg) was amongst the lowest.

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

Orthopedic Artificial Joints Imports

Imports into Cyprus

Orthopedic artificial joints imports into Cyprus amounted to X tonnes in 2018, jumping by X% against the previous year. Overall, orthopedic artificial joints imports, however, continue to indicate a drastic deduction. The most prominent rate of growth was recorded in 2016, when imports increased by X% year-to-year. Over the period under review, orthopedic artificial joints imports attained their peak figure at X tonnes in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, orthopedic artificial joints imports amounted to $X in 2018. Overall, orthopedic artificial joints imports, however, continue to indicate a perceptible deduction. The pace of growth appeared the most rapid in 2018, with an increase of X% against the previous year. Over the period under review, orthopedic artificial joints imports attained their maximum at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tonnes) and the Netherlands (X tonnes) represented the major importers of artificial joints for orthopedic purposes across the globe, together finishing at approx. X% of total imports. The UK (X tonnes) ranks next in terms of the total imports with a X% share, followed by Ireland (X%), Germany (X%), France (X%), Switzerland (X%) and Belgium (X%). Japan (X tonnes), Australia (X tonnes), China (X tonnes) and Italy (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported artificial joints for orthopedic purposes into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Germany (+X% per year).

Import Prices by Country

The orthopedic artificial joints import price in Cyprus stood at $X per kg in 2018, increasing by X% against the previous year. Over the period under review, the import price indicated a prominent growth 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, the orthopedic artificial joints import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017, when the import price increased by X% against the previous year. Over the period under review, the import prices for artificial joints for orthopedic purposes attained their peak figure in 2018, and is expected to retain its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per kg), while Ireland ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by the UK, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform