Malta: Orthopedic Prosthetics Market 2020

Orthopedic Prosthetics Market Size in Malta

The revenue of the orthopedic prosthetics market in Malta amounted to $X in 2018, growing 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). Overall, orthopedic prosthetics consumption continues to indicate an outstanding increase. The pace of growth was the most pronounced in 2008 when the market value increased by X% against the previous year. Over the period under review, the orthopedic prosthetics market attained its peak figure level in 2018 and is likely to continue its growth in the immediate term.

Orthopedic Prosthetics Exports

Exports from Malta

In 2018, approx. X kg of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) were exported from Malta; increasing by X% against the previous year. Over the period under review, orthopedic prosthetics exports, however, continue to indicate a deep drop. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Malta exports peaked at X kg in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

In value terms, orthopedic prosthetics exports stood at $X in 2018. Overall, orthopedic prosthetics exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2018 with an increase of X% y-o-y. Malta exports peaked at $X in 2015; however, from 2016 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The exports of the ten major exporters of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints), namely Ireland, the U.S., the Netherlands, Belgium, Germany, Costa Rica, France, Singapore, Austria and the UK, represented more than two-thirds of total export.

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

In value terms, the largest orthopedic prosthetics markets from Malta were the U.S. ($X), Ireland ($X) and the Netherlands ($X), together comprising X% of total exports. These countries were followed by Belgium, Singapore, Germany, Costa Rica, France, the UK, Austria and Malta, which together accounted for a further X recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the orthopedic prosthetics export price in Malta amounted to $X per ton, going down by -X% against the previous year. Overall, the orthopedic prosthetics export price, however, continues to indicate prominent growth. The pace of growth was the most pronounced in 2017 when the export price increased by X% year-to-year. In that year, the export prices for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) attained their peak level of $X per ton, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while Austria ($X per ton) was amongst the lowest.

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

Orthopedic Prosthetics Imports

Imports into Malta

In 2018, the amount of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) imported into Malta stood at X tons, increasing by X% against the previous year. In general, orthopedic prosthetics imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, orthopedic prosthetics imports reached their maximum at X tons in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

In value terms, orthopedic prosthetics imports amounted to $X in 2018. In general, orthopedic prosthetics imports continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, orthopedic prosthetics imports attained their peak figure in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, the U.S. (X tons), followed by the Netherlands (X tons), Germany (X tons), Belgium (X tons), France (X tons) and Spain (X tons) represented the major importers of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints), together making up X% of total imports. Japan (X tons), China (X tons), Ireland (X tons), Italy (X tons), the UK (X tons) and Turkey (X tons) occupied a relatively small share of total imports.

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

In value terms, the U.S. ($X) constitutes the largest market for imported artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) into Malta, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($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. stood at +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 prosthetics import price in Malta stood at $X per ton in 2018, shrinking by -X% against the previous year. Overall, the import price indicated prominent growth 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 prosthetics import price increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2010 an increase of X% y-o-y. Over the period under review, the import prices for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) attained their maximum at $X per ton in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while Ireland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform