Australia: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Australia

The Australian medical reconstruction cements market skyrocketed to $X in 2021, jumping by 19% against the previous year. Over the period under review, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +9.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -7.1% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Medical Reconstruction Cements Production in Australia

In value terms, medical reconstruction cements production soared to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 44%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Medical Reconstruction Cements Exports

Exports from Australia

In 2021, overseas shipments of dental cements and bone reconstruction cements were finally on the rise to reach X tons after two years of decline. Overall, exports, however, continue to indicate a abrupt downturn. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, medical reconstruction cements exports surged to $X in 2021. In general, exports, however, recorded a deep reduction. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for medical reconstruction cements exports from Australia, accounting for a 26% share of total exports. Moreover, medical reconstruction cements exports to Germany exceeded the volume sent to the second major destination, Saudi Arabia (X tons), twofold. The third position in this ranking was held by New Zealand (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to -11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+34.0% per year) and New Zealand (-4.7% per year).

In value terms, the largest markets for medical reconstruction cements exported from Australia were Germany ($X), New Zealand ($X) and Saudi Arabia ($X), with a combined 42% share of total exports. These countries were followed by the United States, Brazil, Ukraine, Yemen, Egypt, South Korea, Malaysia, the Netherlands, Singapore and Switzerland, which together accounted for a further 28%.

In terms of the main countries of destination, Yemen, with a CAGR of +43.3%, recorded 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 average medical reconstruction cements export price stood at $X per ton in 2021, with an increase of 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports into Australia

Medical reconstruction cements imports into Australia soared to X tons in 2021, jumping by 19% compared with the year before. Overall, imports, however, continue to indicate a slight reduction. The pace of growth was the most pronounced in 2015 when imports increased by 20%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, medical reconstruction cements imports soared to $X in 2021. In general, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of medical reconstruction cements imports to Australia, together accounting for 83% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +5.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Germany ($X) and the United States ($X) were the largest medical reconstruction cements suppliers to Australia, with a combined 83% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +6.2%, 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 average medical reconstruction cements import price amounted to $X per ton, growing by 3.7% against the previous year. Over the last nine years, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2016 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Japan ($X per ton) and the United States ($X per ton), while the price for Ireland ($X per ton) and Switzerland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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