Italy: Orthopedic Artificial Joints Market Overview 2020

Orthopedic Artificial Joints Market Size in Italy

The revenue of the orthopedic artificial joints market in Italy amounted to $X in 2018, picking up by X% against the previous year. Overall, orthopedic artificial joints consumption continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Orthopedic artificial joints consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Orthopedic Artificial Joints Production in Italy

In value terms, orthopedic artificial joints production totaled $X in 2018 estimated in export prices. In general, orthopedic artificial joints production, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, orthopedic artificial joints production reached its maximum level in 2018 and is expected to retain its growth in the immediate term.

Orthopedic Artificial Joints Exports

Exports from Italy

In 2018, the amount of artificial joints for orthopedic purposes exported from Italy amounted to X tonnes, lowering by -X% against the previous year. Over the period under review, orthopedic artificial joints exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, orthopedic artificial joints exports amounted to $X in 2018. In general, orthopedic artificial joints exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, orthopedic artificial joints exports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

France (X tonnes), the U.S. (X tonnes) and Switzerland (X tonnes) were the main destinations of orthopedic artificial joints exports from Italy, with a combined X% share 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 U.S., while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the U.S. ($X) and Switzerland ($X) were the largest markets for orthopedic artificial joints exported from Italy worldwide, together comprising X% of total exports.

In terms of the main countries of destination, the U.S. experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average orthopedic artificial joints export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the export price indicated a buoyant expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, orthopedic artificial joints export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2010 an increase of X% year-to-year. Over the period under review, the average export prices for artificial joints for orthopedic purposes reached their peak figure in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Japan ($X per tonne), while the average price for exports to France ($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 UK, while the prices for the other major destinations experienced more modest paces of growth.

Orthopedic Artificial Joints Imports

Imports into Italy

In 2018, approx. X tonnes of artificial joints for orthopedic purposes were imported into Italy; approximately mirroring the previous year. In general, the total imports indicated measured growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, orthopedic artificial joints imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Imports peaked at X tonnes in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, orthopedic artificial joints imports stood at $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

Germany (X tonnes), the Netherlands (X tonnes) and Belgium (X tonnes) were the main suppliers of orthopedic artificial joints imports to Italy, together accounting for X% of total imports.

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

In value terms, the Netherlands ($X), France ($X) and Belgium ($X) constituted the largest orthopedic artificial joints suppliers to Italy, together comprising X% of total imports.

Among the main suppliers, the Netherlands recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average orthopedic artificial joints import price amounted to $X per tonne, jumping by X% against the previous year. In general, the orthopedic artificial joints import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 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 peak figure at $X per tonne in 2008; however, from 2009 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform