Greece: Orthopedic Artificial Joints Market Overview 2020

Orthopedic Artificial Joints Market Size in Greece

The revenue of the orthopedic artificial joints market in Greece amounted to $X in 2018, going up 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). In general, orthopedic artificial joints consumption continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the orthopedic artificial joints market reached its peak figure level in 2018 and is expected to retain its growth in the immediate term.

Orthopedic Artificial Joints Exports

Exports from Greece

Orthopedic artificial joints exports from Greece totaled X tonnes in 2018, going down by -X% against the previous year. Overall, orthopedic artificial joints exports continue to indicate a deep deduction. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

In value terms, orthopedic artificial joints exports totaled $X in 2018. Over the period under review, orthopedic artificial joints exports continue to indicate a mild downturn. The pace of growth appeared the most rapid in 2012 when exports increased by X% y-o-y. In that year, orthopedic artificial joints exports attained their peak of $X. From 2013 to 2018, the growth of orthopedic artificial joints exports remained at a lower figure.

Exports by Country

Cyprus (X kg), the Netherlands (X kg) and Germany (X kg) were the main destinations of orthopedic artificial joints exports from Greece, together accounting for X% 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 (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Cyprus ($X) and Germany ($X) were the largest markets for orthopedic artificial joints exported from Greece worldwide, together comprising X% of total exports.

The Netherlands (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average orthopedic artificial joints export price stood at $X per tonne in 2018, leveling off at the previous year. Overall, the orthopedic artificial joints export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. The export price peaked at $X per tonne in 2009; however, from 2010 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Norway ($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 the Netherlands, while the prices for the other major destinations experienced mixed trend patterns.

Orthopedic Artificial Joints Imports

Imports into Greece

In 2018, the amount of artificial joints for orthopedic purposes imported into Greece stood at X tonnes, going up by X% against the previous year. In general, orthopedic artificial joints imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, orthopedic artificial joints imports stood at $X in 2018. Overall, orthopedic artificial joints imports continue to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, orthopedic artificial joints imports reached their peak figure at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the Netherlands (X tonnes) constituted the largest supplier of orthopedic artificial joints to Greece, with a X% share of total imports. Moreover, orthopedic artificial joints imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), threefold. Belgium (X tonnes) ranked third in terms of total imports with a X% share.

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

In value terms, the Netherlands ($X) constituted the largest supplier of orthopedic artificial joints to Greece, comprising X% of total orthopedic artificial joints imports. The second position in the ranking was occupied by Italy ($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 Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Germany (-X% per year).

Import Prices by Country

The average orthopedic artificial joints import price stood at $X per tonne in 2018, going up by X% against the previous year. Over the period under review, the orthopedic artificial joints import price, however, continues to indicate a deep contraction. The growth pace was the most rapid in 2016 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for artificial joints for orthopedic purposes reached their maximum at $X per tonne in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Switzerland, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform