Kazakhstan: Orthopedic Prosthetics Market 2024

Orthopedic Prosthetics Market Size in Kazakhstan

In 2022, the Kazakh orthopedic prosthetics market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption saw a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Orthopedic Prosthetics Production in Kazakhstan

In value terms, orthopedic prosthetics production totaled $X in 2022 estimated in export price. Overall, production, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 with an increase of 66% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Orthopedic Prosthetics Exports

Exports from Kazakhstan

In 2022, exports of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) from Kazakhstan soared to X units, with an increase of 6,518% against the previous year. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, orthopedic prosthetics exports surged to $X in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X units) was the main destination for orthopedic prosthetics exports from Kazakhstan, accounting for a 89% share of total exports. Moreover, orthopedic prosthetics exports to Russia exceeded the volume sent to the second major destination, Kyrgyzstan (X units), more than tenfold. Belgium (X units) ranked third in terms of total exports with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia totaled +74.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+53.0% per year) and Belgium (0.0% per year).

In value terms, the largest markets for orthopedic prosthetics exported from Kazakhstan were Russia ($X), Azerbaijan ($X) and Belgium ($X), together accounting for 94% of total exports.

Russia, with a CAGR of +68.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average orthopedic prosthetics export price amounted to $X per unit, falling by -9.9% against the previous year. In general, the export price saw a abrupt slump. The pace of growth was the most pronounced in 2014 an increase of 289% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($X per unit), while the average price for exports to Russia ($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 Russia (-3.5%).

Orthopedic Prosthetics Imports

Imports into Kazakhstan

After two years of decline, purchases abroad of artificial parts of the body (excl. artificial teeth and dental fittings and artificial joints) increased by 357% to X units in 2022. Overall, imports recorded a prominent increase. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, orthopedic prosthetics imports soared to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 144%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Russia (X units) constituted the largest supplier of orthopedic prosthetics to Kazakhstan, accounting for a 80% share of total imports. Moreover, orthopedic prosthetics imports from Russia exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. The UK (X units) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2022, the average annual growth rate of volume from Russia stood at +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+8.7% per year) and the UK (+22.5% per year).

In value terms, the United States ($X), Russia ($X) and the UK ($X) were the largest orthopedic prosthetics suppliers to Kazakhstan, together accounting for 71% of total imports. India, Germany and China lagged somewhat behind, together comprising a further 5.7%.

China, with a CAGR of +30.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average orthopedic prosthetics import price stood at $X per unit in 2022, dropping by -74.1% against the previous year. In general, the import price faced a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 289% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 ($X per unit), while the price for Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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