Asia: Dental Instruments Market 2024

Dental Instruments Market Size in Asia

In 2021, after nine years of growth, there was decline in the Asian dental instruments market, when its value decreased by -1.7% to $X. The total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020, and then dropped modestly in the following year.

Dental Instruments Production in Asia

In value terms, dental instruments production fell slightly to $X in 2021 estimated in export price. The total production indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +63.7% against 2012 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 17%. Over the period under review, production attained the maximum level at $X in 2020, and then contracted slightly in the following year.

Dental Instruments Exports

Exports in Asia

Dental instruments exports skyrocketed to X units in 2021, with an increase of 53% compared with 2020. Over the period under review, exports showed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, dental instruments exports skyrocketed to $X in 2021. Overall, exports recorded a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, reaching X units, which was approx. 80% of total exports in 2021. Japan (X units) held the second position in the ranking, followed by Israel (X units). All these countries together took near 12% share of total exports. South Korea (X units), Taiwan (Chinese) (X units) and India (X units) held a relatively small share of total exports.

Exports from China increased at an average annual rate of +26.2% from 2012 to 2021. At the same time, India (+32.7%), Israel (+21.6%), South Korea (+13.2%) and Japan (+4.9%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of +32.7% from 2012-2021. Taiwan (Chinese) experienced a relatively flat trend pattern. China (+34 p.p.) significantly strengthened its position in terms of the total exports, while South Korea, Taiwan (Chinese) and Japan saw its share reduced by -1.6%, -8.9% and -14% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest dental instruments supplying countries in Asia were Israel ($X), China ($X) and South Korea ($X), together comprising 74% of total exports.

Israel, with a CAGR of +25.5%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per unit in 2021, rising by 6.2% against the previous year. In general, the export price, however, recorded a abrupt setback. Over the period under review, the export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Israel ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+8.5%), while the other leaders experienced more modest paces of growth.

Dental Instruments Imports

Imports in Asia

In 2021, the amount of instruments for dental sciences imported in Asia skyrocketed to X units, jumping by 35% on the previous year. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +7.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dental instruments imports surged to $X in 2021. The total import value increased at an average annual rate of +5.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units), distantly followed by Japan (X units), Turkey (X units), India (X units) and Hong Kong SAR (X units) were the major importers of instruments for dental sciences, together generating 64% of total imports. South Korea (X units), the United Arab Emirates (X units), Taiwan (Chinese) (X units), Kazakhstan (X units), Indonesia (X units), Iraq (X units), Israel (X units) and Thailand (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +34.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and South Korea ($X) were the countries with the highest levels of imports in 2021, with a combined 53% share of total imports. These countries were followed by India, Israel, Turkey, Hong Kong SAR, Taiwan (Chinese), the United Arab Emirates, Thailand, Iraq, Kazakhstan and Indonesia, which together accounted for a further 32%.

Indonesia, with a CAGR of +33.0%, saw the highest rates of growth with regard to the value of imports, among 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 2021, the import price in Asia amounted to $X per unit, shrinking by -3.5% against the previous year. In general, the import price continues to indicate a slight decline. The growth pace was the most rapid in 2013 an increase of 8%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Israel ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+16.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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