Latest Report Update: Jun 13, 2021

Romania - Artificial Parts Of The Body (Excl. Artificial Teeth And Dental Fittings And Artificial Joints) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Romania: Orthopedic Prosthetics Market Overview 2021

Orthopedic Prosthetics Market Size in Romania

The Romanian orthopedic prosthetics market expanded notably to $X in 2020, with an increase of X% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2020, consumption failed to regain the momentum.

Orthopedic Prosthetics Production in Romania

In value terms, orthopedic prosthetics production expanded rapidly to $X in 2020 estimated in export prices. Over the period under review, production enjoyed a prominent increase. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2020, production stood at a somewhat lower figure.

Orthopedic Prosthetics Exports

Exports from Romania

In 2020, approx. X tonnes of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) were exported from Romania; growing by X% compared with 2019 figures. In general, exports posted a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are likely to see gradual growth in the immediate term.

In value terms, orthopedic prosthetics exports surged to $X in 2020. Over the period under review, exports showed noticeable growth. The pace of growth appeared the most rapid in 2013 when exports increased by X% y-o-y. Exports peaked at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

Switzerland (X tonnes), Moldova (X kg) and the Netherlands (X kg) were the main destinations of orthopedic prosthetics exports from Romania, with a combined X% share of total exports. Greece, Germany, Italy, Iran and Georgia lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Georgia (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

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

From 2007 to 2020, the average annual rate of growth in terms of value to Moldova stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Greece (+X% per year).

Export Prices by Country

In 2020, the average orthopedic prosthetics export price amounted to $X per kg, declining by -X% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per kg in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Greece ($X per kg), while the average price for exports to Switzerland ($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 the Netherlands, while the prices for the other major destinations experienced mixed trend patterns.

Orthopedic Prosthetics Imports

Imports into Romania

In 2020, orthopedic prosthetics imports into Romania expanded sharply to X tonnes, increasing by X% on 2019. Over the period under review, imports, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, orthopedic prosthetics imports stood at $X in 2020. Overall, total imports indicated a slight expansion from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Hungary (X tonnes) constituted the largest orthopedic prosthetics supplier to Romania, with a X% share of total imports. Moreover, orthopedic prosthetics imports from Hungary exceeded the figures recorded by the second-largest supplier, France (X tonnes), fourfold. Germany (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Hungary amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Germany (-X% per year).

In value terms, the largest orthopedic prosthetics suppliers to Romania were the Netherlands ($X), Belgium ($X) and Hungary ($X), with a combined X% share of total imports. These countries were followed by Germany, France, Ireland and Italy, which together accounted for a further X recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average orthopedic prosthetics import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. In general, import price indicated a remarkable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2009 an increase of X% against the previous year. The import price peaked at $X per tonne in 2019, and then fell slightly in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, 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), with a combined 54% share 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 Romania?
+
In value terms, the largest orthopedic prosthetics suppliers to Romania were the Netherlands ($6.3M), Belgium ($3.4M) and Hungary ($3.4M), with a combined 54% share of total imports. Germany, France, Ireland and Italy lagged somewhat behind, together accounting for a further 33%.
What are the leading importers of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) from Romania?
+
In value terms, Moldova ($1M) remains the key foreign market for orthopedic prosthetics exports from Romania, comprising 37% of total exports. The second position in the ranking was occupied by the Netherlands ($463K), with a 17% share of total exports. It was followed by Greece, with a 13% share.
What is the average export price for artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) in Romania?
+
In 2020, the average orthopedic prosthetics export price amounted to $677 per kg, declining by -38.2% 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 Romania?
+
The average orthopedic prosthetics import price stood at $233,914 per tonne in 2020, waning by -4% 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 Romania. 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:
• Romania

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Romania
• 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

Webinar: Global Ethanol Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global ethanol market.



Thursday, June 24th, 2021 @ 04:00 pm ET


Register

Webinar: Global Coal Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global сoal market.



Thursday, July 15th, 2021 @ 04:00 pm ET


Register

Webinar: Global Beef Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global beef market.



Thursday, September 16th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data