Middle East: Orthopaedic Appliances Market 2024

Orthopaedic Appliances Market Size in the Middle East

The Middle Eastern orthopaedic appliances market declined dramatically to $X in 2022, waning by -22.8% against the previous year. Over the period under review, consumption, however, showed a resilient increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Orthopaedic Appliances Production in the Middle East

In value terms, orthopaedic appliances production declined to $X in 2022 estimated in export price. Overall, production, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2018 with an increase of 91% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Orthopaedic Appliances Exports

Exports in the Middle East

Orthopaedic appliances exports skyrocketed to X tons in 2022, increasing by 16% compared with the previous year's figure. Overall, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 42%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, orthopaedic appliances exports surged to $X in 2022. Over the period under review, exports continue to indicate a prominent expansion. The growth pace was the most rapid in 2015 with an increase of 61%. The level of export peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports by Country

In 2022, Turkey (X tons) was the largest exporter of orthopaedic appliances and splints, creating 82% of total exports. It was distantly followed by Israel (X tons), comprising a 15% share of total exports. The United Arab Emirates (X tons) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of +12.1% from 2012 to 2022. At the same time, Israel (+33.3%) and the United Arab Emirates (+11.2%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +33.3% from 2012-2022. Israel (+12 p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by -3.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest orthopaedic appliances supplier in the Middle East, comprising 64% of total exports. The second position in the ranking was taken by Israel ($X), with a 27% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at +9.4%. In the other countries, the average annual rates were as follows: Israel (+35.4% per year) and the United Arab Emirates (+16.0% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, picking up by 9.9% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the export price increased by 30%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the export prices remained at a somewhat 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 the United Arab Emirates ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.3%), while the other leaders experienced mixed trends in the export price figures.

Orthopaedic Appliances Imports

Imports in the Middle East

In 2022, purchases abroad of orthopaedic appliances and splints increased by 11% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when imports increased by 33% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, orthopaedic appliances imports dropped to $X in 2022. The total import value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 45%. As a result, imports reached the peak of $X, and then declined in the following year.

Imports by Country

In 2022, Israel (X tons), Saudi Arabia (X tons), Iraq (X tons), Turkey (X tons) and the United Arab Emirates (X tons) was the main importer of orthopaedic appliances and splints in the Middle East, making up 79% of total import. Oman (X tons), Jordan (X tons), Kuwait (X tons), Iran (X tons), Qatar (X tons), Bahrain (X tons) and Lebanon (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Iraq (with a CAGR of +20.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Saudi Arabia ($X) and Israel ($X) constituted the countries with the highest levels of imports in 2022, together accounting for 57% of total imports. Turkey, Iraq, Kuwait, Iran, Lebanon, Jordan, Qatar, Oman and Bahrain lagged somewhat behind, together accounting for a further 42%.

Iraq, with a CAGR of +20.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, dropping by -15.9% against the previous year. Over the period under review, the import price showed a mild decline. The pace of growth was the most pronounced in 2017 an increase of 34% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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