Report Update Nov 1, 2024

Australia and Oceania - Artificial Joints for Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights

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Australia and Oceania: Orthopedic Artificial Joints Market 2024

Orthopedic Artificial Joints Market Size in Australia and Oceania

After two years of growth, the orthopedic artificial joints market in Australia and Oceania decreased by -74.8% to $X in 2022. Overall, consumption showed a precipitous decline. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Orthopedic Artificial Joints Production in Australia and Oceania

In value terms, orthopedic artificial joints production surged to $X in 2022 estimated in export price. Over the period under review, production enjoyed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 748% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

Orthopedic Artificial Joints Exports

Exports by Country

Australia prevails in exports structure, accounting for X units, which was approx. 91% of total exports in 2022. It was distantly followed by New Zealand (X units), committing a 9.5% share of total exports.

Australia was also the fastest-growing in terms of the artificial joints for orthopedic purposes exports, with a CAGR of +71.6% from 2020 to 2022. New Zealand (-16.9%) illustrated a downward trend over the same period. From 2020 to 2022, the share of Australia increased by +21 percentage points.

In value terms, Australia ($X) remains the largest orthopedic artificial joints supplier in Australia and Oceania, comprising 81% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 19% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of value in Australia totaled -2.9%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2022, surging by 7.8% against the previous year. In general, the export price, however, faced a sharp setback. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia totaled $X per unit.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+78.8%).

Orthopedic Artificial Joints Imports

Imports by Country

Australia dominates imports structure, accounting for X units, which was near 97% of total imports in 2022. New Zealand (X units) followed a long way behind the leaders.

Australia was also the fastest-growing in terms of the artificial joints for orthopedic purposes imports, with a CAGR of -44.3% from 2020 to 2022. New Zealand (-77.7%) illustrated a downward trend over the same period. From 2020 to 2022, the share of Australia increased by +12 percentage points.

In value terms, Australia ($X) constitutes the largest market for imported artificial joints for orthopedic purposes in Australia and Oceania, comprising 88% of total imports. The second position in the ranking was held by New Zealand ($X), with a 12% share of total imports.

From 2020 to 2022, the average annual growth rate of value in Australia amounted to +16.4%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2022, picking up by 1,966% against the previous year. In general, the import price recorded significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Zealand ($X per unit), while Australia stood at $X per unit.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+355.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial joints for orthopedic purposes in Australia and Oceania?

Australia remains the largest orthopedic artificial joints consuming country in Australia and Oceania, accounting for 83% of total volume. Moreover, orthopedic artificial joints consumption in Australia exceeded the figures recorded by the second-largest consumer, New Zealand, fivefold.

What are the largest producers of artificial joints for orthopedic purposes in Australia and Oceania?

The country with the largest volume of orthopedic artificial joints production was Micronesia, comprising approx. 100% of total volume.

What are the leading exporters of artificial joints for orthopedic purposes in Australia and Oceania?

In value terms, Australia remains the largest orthopedic artificial joints supplier in Australia and Oceania, comprising 91% of total exports. The second position in the ranking was occupied by New Zealand, with a 9% share of total exports.

What are the leading importers of artificial joints for orthopedic purposes in Australia and Oceania?

In value terms, Australia constitutes the largest market for imported artificial joints for orthopedic purposes in Australia and Oceania, comprising 85% of total imports. The second position in the ranking was occupied by New Zealand, with a 15% share of total imports.

What is the average export price for artificial joints for orthopedic purposes in Australia and Oceania?

In 2020, the orthopedic artificial joints export price in Australia and Oceania amounted to $1,084,323 per ton, stabilizing at the previous year.

What is the average import price for artificial joints for orthopedic purposes in Australia and Oceania?

The orthopedic artificial joints import price in Australia and Oceania stood at $999,813 per ton in 2020, with an increase of 2% against the previous year.

This report provides an in-depth analysis of the orthopedic artificial joints market in Australia and Oceania. 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:

Australia
Cook Islands
Fiji
French Polynesia
Kiribati
Marshall Islands
Micronesia
New Caledonia
New Zealand
Northern Mariana Islands
Palau
Papua New Guinea
Samoa
Solomon Islands
Tokelau
Tonga
Tuvalu
Vanuatu
Wallis and Futuna Islands
American Samoa
Nauru
Niue
Guam

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Australia and Oceania, split by region and country
Trade (exports and imports) in Australia and Oceania
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. CONSUMPTION BY COUNTRY
3. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Australia
- Cook Islands
- Fiji
- French Polynesia
- Kiribati
- Marshall Islands
- Micronesia
- New Caledonia
- New Zealand
- Northern Mariana Islands
- Palau
- Papua New Guinea
- Samoa
- Solomon Islands
- Tokelau
- Tonga
- Tuvalu
- Vanuatu
- Wallis and Futuna Islands
- American Samoa
- Nauru
- Niue
- Guam
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023