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Norway - 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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Norway: Orthopedic Prosthetics Market Overview 2021

Orthopedic Prosthetics Market Size in Norway

The Norwegian orthopedic prosthetics market dropped rapidly to $X in 2020, waning 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, consumption, however, continues to indicate a measured expansion. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Orthopedic Prosthetics Exports

Exports from Norway

After two years of growth, overseas shipments of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) decreased by -X% to X tonnes in 2020. Over the period under review, exports showed a pronounced descent. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Over the period under review, exports reached the maximum at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, orthopedic prosthetics exports dropped dramatically to $X in 2020. Overall, exports posted a slight expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2019, and then dropped markedly in the following year.

Exports by Country

Sweden (X tonnes), the Netherlands (X tonnes) and Belgium (X kg) were the main destinations of orthopedic prosthetics exports from Norway, with a combined X% share of total exports. Denmark, Germany, France, Finland and Romania lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Romania, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for orthopedic prosthetics exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the Netherlands totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Germany (-X% per year).

Export Prices by Country

The average orthopedic prosthetics export price stood at $X per kg in 2020, declining by -X% against the previous year. Overall, the export price, however, showed strong growth. The growth pace was the most rapid in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per kg in 2017; however, from 2018 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per kg), while the average price for exports to France ($X per kg) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Orthopedic Prosthetics Imports

Imports into Norway

In 2020, orthopedic prosthetics imports into Norway fell notably to X tonnes, which is down by -X% on the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, orthopedic prosthetics imports fell to $X in 2020. In general, imports, however, showed noticeable growth. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2014; however, from 2015 to 2020, imports remained at a lower figure.

Imports by Country

Germany (X tonnes), the U.S. (X tonnes) and Iceland (X tonnes) were the main suppliers of orthopedic prosthetics imports to Norway, with a combined X% share of total imports. Sweden, Costa Rica, the Netherlands, Singapore, France, Belgium, the UK, Austria, China and Ireland lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Singapore (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Singapore ($X) and Iceland ($X) were the largest orthopedic prosthetics suppliers to Norway, with a combined X% share of total imports.

Among the main suppliers, Iceland (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average orthopedic prosthetics import price amounted to $X per tonne, growing by X% against the previous year. Overall, import price indicated a pronounced increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, orthopedic prosthetics import price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% year-to-year. The import price peaked in 2020 and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Iceland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in the world?
+
The countries with the highest volumes of orthopedic prosthetics consumption in 2020 were the U.S. (11K tonnes), China (6.1K tonnes) and Germany (3K tonnes), together comprising 54% of global consumption.
What are the largest producers of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in the world?
+
The countries with the highest volumes of orthopedic prosthetics production in 2020 were China (5.9K tonnes), Ireland (4.1K tonnes) and the U.S. (3.5K tonnes), together accounting for 46% of global production. Germany, India, the Netherlands, Indonesia, Mexico, Singapore, the UK, France and Costa Rica lagged somewhat behind, together comprising a further 40%.
What are the leading suppliers of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) to Norway?
+
In value terms, the largest orthopedic prosthetics suppliers to Norway were the U.S. ($9.9M), Singapore ($5.7M) and Iceland ($3.8M), with a combined 48% share of total imports.
What are the leading importers of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) from Norway?
+
In value terms, the Netherlands ($1.3M) remains the key foreign market for orthopedic prosthetics exports from Norway, comprising 41% of total exports. The second position in the ranking was occupied by Sweden ($612K), with a 19% share of total exports. It was followed by Germany, with a 18% share.
What is the average export price for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in Norway?
+
In 2020, the average orthopedic prosthetics export price amounted to $1,075 per kg, shrinking by -2.4% against the previous year.
What is the average import price for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in Norway?
+
The average orthopedic prosthetics import price stood at $691,406 per tonne in 2020, jumping by 16% against the previous year.

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 Norway. 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:
• Norway

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Norway
• 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 2030
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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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