Asia-Pacific: Dental Instruments Market 2024

Dental Instruments Market Size in Asia-Pacific

After nine years of growth, the Asia-Pacific dental instruments market decreased by -0.9% to $X in 2021. The total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.1% 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 fell in the following year.

Dental Instruments Production in Asia-Pacific

In value terms, dental instruments production reached $X in 2021 estimated in export price. The total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 20% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; afterwards, it flattened through to 2021.

Dental Instruments Exports

Exports in Asia-Pacific

Dental instruments exports skyrocketed to X units in 2021, with an increase of 52% on the year before. Overall, exports saw 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 soared to $X in 2021. Total exports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +110.8% against 2012 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, resulting at X units, which was near 84% of total exports in 2021. It was distantly followed by Japan (X units), committing a 7.2% share of total exports. South Korea (X units), Taiwan (Chinese) (X units) and India (X units) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to dental instruments exports from China stood at +26.2%. At the same time, India (+32.7%), South Korea (+13.2%) and Japan (+4.9%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +32.7% from 2012-2021. Taiwan (Chinese) experienced a relatively flat trend pattern. From 2012 to 2021, the share of China increased by +36 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), South Korea ($X) and Japan ($X) constituted the countries with the highest levels of exports in 2021, with a combined 85% share of total exports.

In terms of the main exporting countries, South Korea, with a CAGR of +22.8%, saw the highest growth rate of the value of exports, 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-Pacific stood at $X per unit in 2021, declining by -2.7% against the previous year. Overall, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2020 an increase of 5%. 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 stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per unit), while China ($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 mixed trends in the export price figures.

Dental Instruments Imports

Imports in Asia-Pacific

In 2021, approx. X units of instruments for dental sciences were imported in Asia-Pacific; growing by 38% compared with the previous year. Total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +7.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +49.4% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dental instruments imports soared to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. 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 units), distantly followed by Japan (X units), Australia (X units), India (X units), Fiji (X units), Hong Kong SAR (X units) and South Korea (X units) represented the key importers of instruments for dental sciences, together achieving 86% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by China (with a CAGR of +34.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Australia ($X) constituted the countries with the highest levels of imports in 2021, with a combined 61% share of total imports. These countries were followed by South Korea, India, Hong Kong SAR and Fiji, which together accounted for a further 24%.

In terms of the main importing countries, Fiji, with a CAGR of +30.6%, recorded the highest growth rate of the value of imports, 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-Pacific amounted to $X per unit, falling by -4% against the previous year. Overall, the import price saw a mild shrinkage. The growth pace was the most rapid in 2016 when the import price increased by 14%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+2.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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