Slovakia: Orthopedic Artificial Joints Market 2024

Orthopedic Artificial Joints Market Size in Slovakia

The Slovak orthopedic artificial joints market was finally on the rise to reach $X in 2022, after two years of decline. Overall, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Orthopedic artificial joints consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Orthopedic Artificial Joints Exports

Exports from Slovakia

In 2022, overseas shipments of artificial joints for orthopedic purposes decreased by X% to X units, falling for the fourth consecutive year after three years of growth. In general, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, orthopedic artificial joints exports dropped notably to $X in 2022. Over the period under review, exports faced a sharp decline. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X units) was the main destination for orthopedic artificial joints exports from Slovakia, with a X% share of total exports. Moreover, orthopedic artificial joints exports to Ukraine exceeded the volume sent to the second major destination, Switzerland (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and the Czech Republic (X% per year).

In value terms, Ukraine ($X) emerged as the key foreign market for artificial joints for orthopedic purposes exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by Switzerland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Ukraine was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the average orthopedic artificial joints export price amounted to $X per unit, shrinking by X% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Orthopedic Artificial Joints Imports

Imports into Slovakia

In 2022, overseas purchases of artificial joints for orthopedic purposes were finally on the rise to reach X units after two years of decline. Overall, imports saw a temperate expansion. Imports peaked at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, orthopedic artificial joints imports surged to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), the Czech Republic (X units) and Austria (X units) were the main suppliers of orthopedic artificial joints imports to Slovakia, together comprising X% of total imports. Italy, France and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest orthopedic artificial joints suppliers to Slovakia were the Czech Republic ($X), Italy ($X) and Germany ($X), with a combined X% share of total imports. Austria, France and the Netherlands lagged somewhat behind, together comprising a further X%.

Among the main suppliers, the Netherlands, with a CAGR of X%, 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

The average orthopedic artificial joints import price stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. The import price peaked at $X per unit in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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