Report Update Apr 1, 2024

Estonia - Artificial Joints for Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Estonia: Orthopedic Artificial Joints Market 2024

Orthopedic Artificial Joints Market Size in Estonia

The Estonian orthopedic artificial joints market soared to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption showed prominent growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Orthopedic Artificial Joints Production in Estonia

In value terms, orthopedic artificial joints production totaled $X in 2022 estimated in export price. In general, production saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2022 and is expected to retain growth in the near future.

Orthopedic Artificial Joints Exports

Exports from Estonia

Orthopedic artificial joints exports from Estonia skyrocketed to X units in 2021, increasing by X% against the previous year's figure. In general, exports, however, showed a precipitous descent. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, orthopedic artificial joints exports soared to $X in 2021. Over the period under review, exports, however, showed a dramatic contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Poland (X units) was the main destination for orthopedic artificial joints exports from Estonia, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Poland was relatively modest.

In value terms, Poland ($X) emerged as the key foreign market for artificial joints for orthopedic purposes exports from Estonia.

From 2012 to 2021, the average annual rate of growth in terms of value to Poland was relatively modest.

Export Prices by Country

The average orthopedic artificial joints export price stood at $X per unit in 2021, increasing by X% against the previous year. In general, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, orthopedic artificial joints export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2012 to 2021, the rate of growth in terms of prices for Belarus amounted to X% per year.

Orthopedic Artificial Joints Imports

Imports into Estonia

In 2022, overseas purchases of artificial joints for orthopedic purposes increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate moderate growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, orthopedic artificial joints imports shrank to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), Poland (X units) and Finland (X units) were the main suppliers of orthopedic artificial joints imports to Estonia, together accounting for X% of total imports. Belgium, Sweden, China and the UK lagged somewhat behind, together accounting for a further X%.

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

In value terms, Finland ($X), Germany ($X) and Poland ($X) appeared to be the largest orthopedic artificial joints suppliers to Estonia, with a combined X% share of total imports.

Finland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 artificial joints import price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2019 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial joints for orthopedic purposes in the world?

The countries with the highest volumes of consumption in 2023 were the United States, the UK and China, with a combined 44% share of global consumption.

What are the largest producers of artificial joints for orthopedic purposes in the world?

The countries with the highest volumes of production in 2022 were the UK, China and the United States, together accounting for 48% of global production.

What are the leading suppliers of artificial joints for orthopedic purposes to Estonia?

In value terms, Finland, Germany and Poland constituted the largest orthopedic artificial joints suppliers to Estonia, with a combined 88% share of total imports.

What are the leading importers of artificial joints for orthopedic purposes from Estonia?

In value terms, Poland emerged as the key foreign market for artificial joints for orthopedic purposes exports from Estonia.

What is the average export price for artificial joints for orthopedic purposes in Estonia?

In 2021, the average orthopedic artificial joints export price amounted to $25 per unit, rising by 32% against the previous year.

What is the average import price for artificial joints for orthopedic purposes in Estonia?

In 2022, the average orthopedic artificial joints import price amounted to $21 per unit, falling by -31.8% against the previous year.

This report provides an in-depth analysis of the orthopedic artificial joints market in Estonia. 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 32502235 - Artificial joints

Country coverage:

Estonia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Estonia
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023