Hong Kong SAR, China - Artificial Teeth - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHong Kong's September 2023 Export of Artificial Teeth Declines to $11M
Hong Kong Artificial Teeth Exports
In September 2023, overseas shipments of artificial teeth decreased by -5% to 181M units for the first time since June 2023, thus ending a two-month rising trend. In general, total exports indicated mild growth from September 2022 to September 2023: its volume increased at an average monthly rate of +1.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, exports decreased by -5.0% against August 2023 indices. The most prominent rate of growth was recorded in February 2023 with an increase of 46% m-o-m. The exports peaked at 222M units in March 2023; however, from April 2023 to September 2023, the exports stood at a somewhat lower figure.
In value terms, artificial teeth exports fell to $11M (IndexBox estimates) in September 2023. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 with an increase of 29% m-o-m. The exports peaked at 14M units in March 2023; however, from April 2023 to September 2023, the exports remained at a lower figure.
| COUNTRY | Export Value of Artificial Teeth in Hong Kong (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | |
| United States | 4.8 | 5.0 | 5.2 | 4.4 | 4.7 | 5.4 | 5.8 | 5.9 | 6.6 | 5.5 | 5.9 | 6.2 | 5.3 |
| Netherlands | 2.4 | 2.6 | 2.8 | 2.5 | 1.8 | 3.4 | 3.0 | 1.7 | 2.0 | 1.7 | 1.9 | 1.5 | 1.8 |
| Germany | 0.7 | 0.6 | 0.8 | 0.6 | 0.5 | 1.0 | 1.4 | 1.3 | 1.3 | 1.6 | 1.3 | 1.1 | 1.3 |
| Australia | 0.6 | 0.6 | 0.7 | 0.6 | 0.5 | 0.7 | 0.8 | 0.6 | 0.7 | 0.7 | 0.7 | 0.7 | 0.8 |
| United Kingdom | < 0.1 | < 0.1 | < 0.1 | < 0.1 | < 0.1 | 0.1 | 0.2 | 0.3 | 0.3 | 0.3 | 0.2 | 0.3 | 0.2 |
| France | 1.4 | 1.7 | 1.6 | 1.5 | 1.3 | 0.6 | 0.6 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 |
| Others | 1.5 | 1.2 | 1.4 | 1.3 | 1.2 | 1.6 | 1.8 | 1.7 | 1.9 | 1.8 | 1.4 | 1.6 | 1.7 |
| Total | 11.4 | 11.9 | 12.5 | 10.9 | 9.9 | 12.9 | 13.5 | 11.9 | 13.1 | 11.9 | 11.7 | 11.6 | 11.3 |
Exports by Country
The United States (115M units) was the main destination for artificial teeth exports from Hong Kong, with a 64% share of total exports. Moreover, artificial teeth exports to the United States exceeded the volume sent to the second major destination, Germany (30M units), fourfold. The third position in this ranking was held by France (8.8M units), with a 4.8% share.
From September 2022 to September 2023, the average monthly growth rate of volume to the United States amounted to +1.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Germany (+10.6% per month) and France (-3.9% per month).
In value terms, the United States ($5.3M) remains the key foreign market for artificial teeth exports from Hong Kong, comprising 47% of total exports. The second position in the ranking was held by the Netherlands ($1.8M), with a 16% share of total exports. It was followed by Germany, with an 11% share.
From September 2022 to September 2023, the average monthly growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average monthly rates of exports growth: the Netherlands (-2.7% per month) and Germany (+5.6% per month).
Export Prices by Country
In September 2023, the artificial teeth price stood at $62.4 per thousand units (FOB, Hong Kong), growing by 2.9% against the previous month. In general, the export price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in May 2023 an increase of 10% against the previous month. Over the period under review, the average export prices attained the maximum at $80.2 per thousand units in December 2022; however, from January 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($235 per thousand units), while the average price for exports to France ($26.0 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the artificial teeth market in Hong Kong SAR, China. 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 32502253 - Individual artificial teeth of plastics (including metal posts for fixing) (excluding dentures or part dentures)
- Prodcom 32502255 - Individual artificial teeth not made of plastics (including metal posts for fixing) (excluding dentures or part dentures)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
