Report Update Nov 1, 2024

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

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Indonesia: Orthopedic Artificial Joints Market 2024

Orthopedic Artificial Joints Market Size in Indonesia

The Indonesian orthopedic artificial joints market totaled $X in 2022, surging by 4.8% against the previous year. In general, consumption, however, continues to indicate a dramatic curtailment. Orthopedic artificial joints consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Orthopedic Artificial Joints Production in Indonesia

In value terms, orthopedic artificial joints production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a sharp reduction. The most prominent rate of growth was recorded in 2017 when the production volume decreased by 99.9%. Orthopedic artificial joints production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Orthopedic Artificial Joints Exports

Exports from Indonesia

In 2022, the amount of artificial joints for orthopedic purposes exported from Indonesia stood at X units, remaining stable against 2021 figures. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, orthopedic artificial joints exports rose rapidly to $X in 2022. Over the period under review, exports showed buoyant growth. The growth pace was the most rapid in 2019 with an increase of 1,186% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Orthopedic Artificial Joints Imports

Imports into Indonesia

For the eleventh year in a row, Indonesia recorded growth in supplies from abroad of artificial joints for orthopedic purposes, which increased by 119% to X units in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 447%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, orthopedic artificial joints imports soared to $X in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by 3,969%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Singapore (X units), China (X units) and South Korea (X units) were the main suppliers of orthopedic artificial joints imports to Indonesia, together accounting for 70% of total imports.

From 2020 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +1,000.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest orthopedic artificial joints suppliers to Indonesia were Singapore ($X), China ($X) and Sweden ($X), with a combined 74% share of total imports.

In terms of the main suppliers, Singapore, with a CAGR of +175.2%, saw 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, dropping by -5.7% against the previous year. In general, the import price faced a significant curtailment. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by India (-41.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial joints for orthopedic purposes in the world?

The countries with the highest volumes of orthopedic artificial joints consumption in 2020 were the U.S., China and Japan, together comprising 57% of global consumption. Brazil, Switzerland, Belgium, Germany, Ethiopia, Italy, France, the UK and South Korea lagged somewhat behind, together comprising a further 24%.

What are the largest producers of artificial joints for orthopedic purposes in the world?

The U.S. constituted the country with the largest volume of orthopedic artificial joints production, accounting for 47% of total volume. Moreover, orthopedic artificial joints production in the U.S. exceeded the figures recorded by the second-largest producer, China, threefold. Ireland ranked third in terms of total production with a 5.2% share.

What are the leading suppliers of artificial joints for orthopedic purposes to Indonesia?

In value terms, the largest orthopedic artificial joints suppliers to Indonesia were South Korea, China and Singapore, with a combined 55% share of total imports. These countries were followed by the U.S., Taiwan Chinese), Germany, Switzerland and India, which together accounted for a further 40%.

What are the leading importers of artificial joints for orthopedic purposes from Indonesia?

In value terms, Singapore and France appeared to be the largest markets for orthopedic artificial joints exported from Indonesia worldwide.

What is the average export price for artificial joints for orthopedic purposes in Indonesia?

In 2020, the average orthopedic artificial joints export price amounted to $590,629 per ton, rising by 52% against the previous year.

What is the average import price for artificial joints for orthopedic purposes in Indonesia?

In 2020, the average orthopedic artificial joints import price amounted to $377,180 per ton, waning by -5.2% against the previous year.

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

Indonesia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Indonesia
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
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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
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How to outsource production to other countries
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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. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
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
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 In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023