Asia-Pacific: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Asia-Pacific

In 2021, after two years of growth, there was decline in the Asia-Pacific medical reconstruction cements market, when its value decreased by -3.3% to $X. The market value increased at an average annual rate of +2.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2020, and then reduced slightly in the following year.

Medical Reconstruction Cements Production in Asia-Pacific

In value terms, medical reconstruction cements production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the production volume increased by 21%. Over the period under review, production reached the peak level at $X in 2020, and then contracted in the following year.

Medical Reconstruction Cements Exports

Exports in Asia-Pacific

In 2021, medical reconstruction cements exports in Asia-Pacific soared to X tons, growing by 38% on the year before. Total exports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 68% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, medical reconstruction cements exports skyrocketed to $X in 2021. Total exports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from Japan (X tons), China (X tons) and South Korea (X tons), together reaching 85% of total export. It was distantly followed by India (X tons), comprising a 4.9% share of total exports. Australia (X tons) and Singapore (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by South Korea (with a CAGR of +11.8%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the largest medical reconstruction cements supplier in Asia-Pacific, comprising 59% of total exports. The second position in the ranking was taken by South Korea ($X), with a 19% share of total exports. It was followed by China, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Japan amounted to +4.5%. In the other countries, the average annual rates were as follows: South Korea (+14.9% per year) and China (-0.3% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, with an increase of 2.8% against the previous year. Export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, medical reconstruction cements export price increased by +97.7% against 2014 indices. The most prominent rate of growth was recorded in 2016 an increase of 57%. Over the period under review, the export prices reached the peak figure in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+14.3%), while the other leaders experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports in Asia-Pacific

In 2021, the amount of dental cements and bone reconstruction cements imported in Asia-Pacific soared to X tons, jumping by 29% against the previous year. The total import volume increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, medical reconstruction cements imports skyrocketed to $X in 2021. Total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons), distantly followed by India (X tons), South Korea (X tons), Australia (X tons), Japan (X tons) and Vietnam (X tons) represented the key importers of dental cements and bone reconstruction cements, together comprising 81% of total imports. Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +16.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported dental cements and bone reconstruction cements in Asia-Pacific, comprising 40% of total imports. The second position in the ranking was taken by Australia ($X), with a 12% share of total imports. It was followed by South Korea, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +16.2%. In the other countries, the average annual rates were as follows: Australia (+0.8% per year) and South Korea (-0.7% per year).

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, rising by 1.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2016 when the import price increased by 25%. The level of import peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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