Ireland - 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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View PricingOrthopedic Prosthetics Price in Ireland - 2023
Contents:
- Orthopedic Prosthetics Price in Ireland (FOB) - 2023
- Orthopedic Prosthetics Price in Ireland (CIF) - 2022
- Orthopedic Prosthetics Exports in Ireland
- Orthopedic Prosthetics Imports in Ireland
Orthopedic Prosthetics Price in Ireland (FOB) - 2023
In July 2023, the average orthopedic prosthetics export price amounted to $9.0 per unit, increasing by 19% against the previous month. Over the period under review, export price indicated a temperate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, orthopedic prosthetics export price increased by +19.4% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 43% against the previous month. The export price peaked at $9.7 per unit in September 2022; however, from October 2022 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($13.2 per unit), while the average price for exports to Canada ($353 per thousand units) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopedic Prosthetics Price in Ireland (CIF) - 2022
The average orthopedic prosthetics import price stood at $3.6 per unit in 2022, falling by -28.4% against the previous year. In general, the import price, however, posted a slight expansion. The pace of growth was the most pronounced in 2021 when the average import price increased by 145% against the previous year. Over the period under review, average import prices hit record highs at $5.4 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($19 per unit), while the price for Germany ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Orthopedic Prosthetics Exports in Ireland
In 2022, after two years of decline, there was significant growth in shipments abroad of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints), when their volume increased by 594% to 68M units. In general, exports recorded a temperate expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, orthopedic prosthetics exports skyrocketed to $404M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Orthopedic Prosthetics in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 9.3 | 109 | N/A | 80.9 | 105.7% |
| United States | 67.0 | 55.2 | N/A | 59.8 | -3.7% |
| United Kingdom | 6.7 | 4.1 | N/A | 51.7 | 97.6% |
| Mexico | N/A | N/A | N/A | 49.1 | 0% |
| India | 12.5 | 8.3 | N/A | 35.1 | 41.1% |
| Turkey | 2.8 | 3.4 | N/A | 30.2 | 120.9% |
| Belgium | 19.4 | 27.0 | N/A | 29.8 | 15.4% |
| Japan | 15.5 | 17.3 | N/A | 25.2 | 17.6% |
| Spain | 0.4 | 0.1 | N/A | 1.4 | 51.8% |
| France | 8.2 | N/A | N/A | 0.1 | -77.0% |
| Others | 62.2 | 39.0 | 293 | 40.9 | -13.0% |
| Total | 204 | 263 | 293 | 404 | 25.6% |
Top Export Markets for Orthopedic Prosthetics from Ireland in 2022:
- France (undefinedM units)
- Mexico (16.1M units)
- United States (15.7M units)
- Belgium (11.4M units)
- United Kingdom (8.7M units)
- India (3.0M units)
- Netherlands (2.3M units)
- Turkey (1.8M units)
- Japan (1.5M units)
- Spain (1.2M units)
Orthopedic Prosthetics Imports in Ireland
In 2022, after two years of decline, there was growth in purchases abroad of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints), when their volume increased by 4.5% to 46M units. Over the period under review, imports, however, showed a deep setback. Imports peaked at 62M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, orthopedic prosthetics imports fell remarkably to $165M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 97% against the previous year. As a result, imports attained the peak of $221M, and then fell rapidly in the following year.
| Import of Orthopedic Prosthetics in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 31.8 | 34.2 | N/A | 43.3 | 10.8% |
| United Kingdom | 22.8 | 19.6 | N/A | 39.6 | 20.2% |
| Brazil | N/A | N/A | N/A | 34.8 | 0% |
| United States | 59.4 | 21.9 | N/A | 32.4 | -18.3% |
| United Arab Emirates | N/A | N/A | 221 | N/A | 0% |
| Others | 50.9 | 36.5 | N/A | 15.1 | -33.3% |
| Total | 165 | 112 | 221 | 165 | 0.0% |
Top Suppliers of Orthopedic Prosthetics to Ireland in 2022:
- Germany (30.5M units)
- Brazil (7.4M units)
- United Kingdom (4.9M units)
- United States (1.7M units)
This report provides an in-depth analysis of the orthopedic prosthetics market in Ireland. 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 2030.
Product coverage:
- Prodcom 32502290 - Artificial parts of the body (excluding artificial teeth and dental fittings, artificial joints, orthopaedic and fracture appliances, h eart pacemakers)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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