Turkey - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrthopedic Artificial Joints Price in Turkey - 2023
Contents:
- Orthopedic Artificial Joints Price in Turkey (CIF) - 2023
- Orthopedic Artificial Joints Price in Turkey (FOB) - 2023
- Orthopedic Artificial Joints Imports in Turkey
- Orthopedic Artificial Joints Exports in Turkey
Orthopedic Artificial Joints Price in Turkey (CIF) - 2023
In September 2023, the average orthopedic artificial joints import price amounted to $9.6 per unit, increasing by 6.5% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in June 2023 when the average import price increased by 25% month-to-month. As a result, import price attained the peak level of $10.8 per unit. From July 2023 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($12.0 per unit), while the price for China ($6.6 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by India (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Orthopedic Artificial Joints Price in Turkey (FOB) - 2023
The average orthopedic artificial joints export price stood at $12.7 per unit in September 2023, surging by 27% against the previous month. Overall, export price indicated a pronounced increase from September 2022 to September 2023: its price increased at an average monthly rate of +4.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, orthopedic artificial joints export price increased by +40.6% against July 2023 indices. The growth pace was the most rapid in April 2023 an increase of 36% against the previous month. Over the period under review, the average export prices attained the peak figure in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($29.3 per unit), while the average price for exports to Colombia ($2.5 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.
Orthopedic Artificial Joints Imports in Turkey
Orthopedic artificial joints imports into Turkey skyrocketed to 818 units in 2022, rising by 411% on 2021. Over the period under review, imports, however, continue to indicate a sharp descent. Over the period under review, imports reached the peak figure at 2.4K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, orthopedic artificial joints imports soared to $30M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Orthopedic Artificial Joints in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United States | 2.7 | 3.1 | 12.3 | 113.4% | |
| Ireland | 0.6 | 0.6 | 6.5 | 229.1% | |
| Switzerland | 0.7 | 0.7 | 3.9 | 136.0% | |
| China | 0.1 | 0.4 | 3.0 | 447.7% | |
| Germany | 0.8 | 0.8 | 2.6 | 80.3% | |
| India | 0.2 | 0.2 | 0.9 | 112.1% | |
| France | N/A | 0.2 | 0.4 | 100.0% | |
| Free Zones | 5.2 | 6.1 | N/A | 17.3% | |
| United Kingdom | 0.3 | N/A | N/A | 0% | |
| Italy | 0.7 | 0.1 | N/A | -85.7% | |
| Others | 6.5 | 5.9 | 0.5 | -72.3% | |
| Total | 17.8 | 18.0 | 30.2 | 30.3% | |
Top Suppliers of Orthopedic Artificial Joints to Turkey in 2022:
- United States (327.0 units)
- Ireland (171.0 units)
- Switzerland (103.0 units)
- China (81.0 units)
- Germany (70.0 units)
- India (24.0 units)
- France (13.0 units)
- United Kingdom (2.0 units)
- Italy (1.0 units)
Orthopedic Artificial Joints Exports in Turkey
In 2022, approx. 13K units of artificial joints for orthopedic purposes were exported from Turkey; increasing by 101% compared with the previous year's figure. Overall, exports saw buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, orthopedic artificial joints exports surged to $7.5M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Orthopedic Artificial Joints in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Azerbaijan | 163 | 146 | 1,386 | 191.6% | |
| United Kingdom | 282 | 378 | 1,194 | 105.8% | |
| United States | 277 | 42.1 | 748 | 64.3% | |
| Iran | 569 | 209 | 394 | -16.8% | |
| Germany | 143 | 126 | 389 | 64.9% | |
| France | 58.6 | 79.4 | 302 | 127.0% | |
| Italy | 5.8 | 227 | 292 | 609.5% | |
| United Arab Emirates | 422 | 387 | 258 | -21.8% | |
| Belarus | 40.2 | 71.9 | 242 | 145.4% | |
| Ukraine | 123 | 117 | 221 | 34.0% | |
| China | 36.3 | 62.6 | 204 | 137.1% | |
| Netherlands | 19.0 | 112 | 191 | 217.1% | |
| Mexico | 19.5 | 110 | 181 | 204.7% | |
| Others | 3,259 | 3,649 | 1,519 | -31.7% | |
| Total | 5,417 | 5,716 | 7,521 | 17.8% | |
Top Export Markets for Orthopedic Artificial Joints from Turkey in 2022:
- Azerbaijan (2404.0 units)
- United Kingdom (2071.0 units)
- United States (1296.0 units)
- Iran (684.0 units)
- Germany (676.0 units)
- France (525.0 units)
- Italy (507.0 units)
- United Arab Emirates (449.0 units)
- Belarus (420.0 units)
- Ukraine (384.0 units)
- China (355.0 units)
- Netherlands (332.0 units)
- Mexico (314.0 units)
This report provides an in-depth analysis of the orthopedic artificial joints market in Turkey. 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 32502235 - Artificial joints
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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
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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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