United Arab Emirates: Orthopaedic Appliances Market 2024

Orthopaedic Appliances Market Size in the United Arab Emirates

In 2022, the orthopaedic appliances market in the United Arab Emirates increased by 0.5% to $X, rising for the sixth year in a row after two years of decline. Overall, consumption recorded a prominent increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Orthopaedic Appliances Exports

Exports from the United Arab Emirates

In 2022, shipments abroad of orthopaedic appliances and splints was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports showed a resilient expansion. The growth pace was the most rapid in 2015 when exports increased by 222% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, orthopaedic appliances exports surged to $X in 2022. Overall, exports continue to indicate prominent growth. The growth pace was the most rapid in 2015 when exports increased by 895%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Greece (X tons) was the main destination for orthopaedic appliances exports from the United Arab Emirates, accounting for a 36% share of total exports. Moreover, orthopaedic appliances exports to Greece exceeded the volume sent to the second major destination, the UK (X tons), threefold. The third position in this ranking was taken by Ireland (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Greece stood at +74.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+85.3% per year) and Ireland (+152.9% per year).

In value terms, Greece ($X) emerged as the key foreign market for orthopaedic appliances and splints exports from the United Arab Emirates, comprising 30% of total exports. The second position in the ranking was held by Ireland ($X), with a 7.4% share of total exports. It was followed by the Netherlands, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value to Greece amounted to +68.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+93.6% per year) and the Netherlands (+40.5% per year).

Export Prices by Country

The average orthopaedic appliances export price stood at $X per ton in 2022, which is down by -26.8% against the previous year. In general, the export price, however, showed a noticeable increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 209%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+62.6%), while the prices for the other major destinations experienced more modest paces of growth.

Orthopaedic Appliances Imports

Imports into the United Arab Emirates

In 2022, supplies from abroad of orthopaedic appliances and splints increased by 22% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +3.5% 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 2017 when imports increased by 30%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, orthopaedic appliances imports dropped to $X in 2022. In general, imports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2019 when imports increased by 54% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then dropped slightly in the following year.

Imports by Country

China (X tons), the United States (X tons) and Switzerland (X tons) were the main suppliers of orthopaedic appliances imports to the United Arab Emirates, together comprising 70% of total imports. The Netherlands, India, South Korea, France and Germany lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +16.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of orthopaedic appliances and splints to the United Arab Emirates, comprising 30% of total imports. The second position in the ranking was held by Switzerland ($X), with a 14% share of total imports. It was followed by the Netherlands, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+2.7% per year) and the Netherlands (+20.9% per year).

Import Prices by Country

In 2022, the average orthopaedic appliances import price amounted to $X per ton, declining by -20.1% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the average import price increased by 55% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2021, and then shrank remarkably in the following year.

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 Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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