Feb 1, 2019

Estonia - 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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Estonia: Orthopedic Prosthetics Market Overview 2019

Orthopedic Prosthetics Market Size in Estonia

The revenue of the orthopedic prosthetics market in Estonia amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, orthopedic prosthetics consumption, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2018, with an increase of X% y-o-y. Over the period under review, the orthopedic prosthetics market attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Orthopedic Prosthetics Production in Estonia

In value terms, orthopedic prosthetics production amounted to $X in 2018 estimated in export prices. Overall, orthopedic prosthetics production continues to indicate a drastic slump. The most prominent rate of growth was recorded in 2013, when the output figure increased by X% against the previous year. Estonia orthopedic prosthetics production peaked at $X in 2008; however, from 2009 to 2018, production failed to regain its momentum.

Orthopedic Prosthetics Exports

Exports from Estonia

In 2018, exports of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) from Estonia amounted to X kg, falling by -X% against the previous year. Over the period under review, orthopedic prosthetics exports, however, continue to indicate a mild increase. The most prominent rate of growth was recorded in 2009, when exports increased by X% year-to-year. In that year, orthopedic prosthetics exports reached their peak of X tonnes. From 2010 to 2018, the growth of orthopedic prosthetics exports failed to regain its momentum.

In value terms, orthopedic prosthetics exports totaled $X in 2018. Over the period under review, orthopedic prosthetics exports, however, continue to indicate a strong growth. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. Estonia exports peaked in 2018, and are likely to continue its growth in the near future.

Exports by Country

The Netherlands was the major exporting country with an export of about X tonnes, which resulted at X% of total exports. It was distantly followed by the U.S. (X tonnes), Belgium (X tonnes) and Germany (X tonnes), together achieving X% share of total exports. Costa Rica (X tonnes), Singapore (X tonnes), France (X tonnes), Switzerland (X tonnes), China, Hong Kong SAR (X tonnes) and Ireland (X tonnes) followed a long way behind the leaders.

Exports from the Netherlands increased at an average annual rate of +X% from 2007 to 2018. At the same time, Singapore (+X%), China, Hong Kong SAR (+X%), Costa Rica (+X%), Switzerland (+X%), Belgium (+X%), the U.S. (+X%) and France (+X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Ireland (-X%) and Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Germany increased by X% percentage points, while China, Hong Kong SAR (-X%), Switzerland (-X%), Costa Rica (-X%), Singapore (-X%), Belgium (-X%), the U.S. (-X%) and the Netherlands (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X), the U.S. ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Singapore, Germany, Costa Rica, France, Switzerland, China, Hong Kong SAR, Ireland and Estonia, which together accounted for a further X experienced the highest growth rate of exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the orthopedic prosthetics export price in Estonia amounted to $X per kg, increasing by X% against the previous year. Overall, the orthopedic prosthetics export price continues to indicate a temperate growth. The most prominent rate of growth was recorded in 2018, when the export price increased by X% y-o-y. In that year, the export prices for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) reached their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Singapore ($X per kg), while Ireland ($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 Singapore, while the other leaders experienced more modest paces of growth.

Orthopedic Prosthetics Imports

Imports into Estonia

In 2018, imports of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) into Estonia stood at X tonnes, going down by -X% against the previous year. Overall, orthopedic prosthetics imports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2016, when imports increased by X% against the previous year. Estonia imports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, orthopedic prosthetics imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2018, when imports increased by X% against the previous year. Estonia imports peaked at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by the Netherlands (X tonnes), Belgium (X tonnes), Germany (X tonnes) and Japan (X tonnes) were the major importers of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints), together committing X% of total imports. China (X tonnes), Ireland (X tonnes), France (X tonnes), Spain (X tonnes), the UK (X tonnes), Italy (X tonnes) and Australia (X tonnes) followed a long way behind the leaders.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, China (+X%), Belgium (+X%), Ireland (+X%), Germany (+X%), Japan (+X%), Australia (+X%), France (+X%), the Netherlands (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2018. The UK experienced a relatively flat trend pattern. By contrast, Spain (-X%) illustrated a downward trend over the same period. Spain (X%) significantly strengthened its position in terms of the global imports, while Ireland, the Netherlands, China, Japan, Germany, Belgium and the U.S. saw its share reduced by -X%, -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) into Estonia, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In the U.S., orthopedic prosthetics imports increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Japan (+X% per year).

Import Prices by Country

The orthopedic prosthetics import price in Estonia stood at $X per kg in 2018, surging by X% against the previous year. Over the period under review, the orthopedic prosthetics import price, however, continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2018, an increase of X% against the previous year. Estonia import price peaked at $X per kg in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

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 Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 32502290 - Artificial parts of the body (excluding artificial teeth and dental fittings, artificial joints, orthopaedic and fracture appliances, h eart pacemakers)

This report provides an in-depth analysis of the orthopedic prosthetics 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 2025.


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:
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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 2025
4. MOST PROMISING PRODUCTS

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 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
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 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
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, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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