Austria: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Austria

The Austrian medical reconstruction cements market soared to $X in 2021, growing by 23% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Medical Reconstruction Cements Production in Austria

In value terms, medical reconstruction cements production dropped significantly to $X in 2021 estimated in export price. In general, production, however, posted a modest increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 180%. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Medical Reconstruction Cements Exports

Exports from Austria

In 2021, shipments abroad of dental cements and bone reconstruction cements decreased by -50.8% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 61% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, medical reconstruction cements exports declined sharply to $X in 2021. Over the period under review, total exports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -40.4% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 81%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for medical reconstruction cements exports from Austria, with a 43% share of total exports. Moreover, medical reconstruction cements exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. Iran (X tons) ranked third in terms of total exports with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+5.2% per year) and Iran (+25.8% per year).

In value terms, Germany ($X) remains the key foreign market for dental cements and bone reconstruction cements exports from Austria, comprising 43% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 19% share of total exports. It was followed by Romania, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+10.8% per year) and Romania (+162.9% per year).

Export Prices by Country

The average medical reconstruction cements export price stood at $X per ton in 2021, surging by 27% against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Hungary ($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 Romania (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports into Austria

In 2021, supplies from abroad of dental cements and bone reconstruction cements decreased by -25.4% to X tons, falling for the second year in a row after three years of growth. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 when imports increased by 66% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, medical reconstruction cements imports plummeted to $X in 2021. The total import value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 53%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of medical reconstruction cements to Austria, with a 49% share of total imports. Moreover, medical reconstruction cements imports from Germany exceeded the figures recorded by the second-largest supplier, Liechtenstein (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at -12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Liechtenstein (-33.5% per year) and the Netherlands (+41.3% per year).

In value terms, the largest medical reconstruction cements suppliers to Austria were Liechtenstein ($X), Germany ($X) and Italy ($X), together accounting for 84% of total imports. These countries were followed by the Netherlands, Belgium, the United States, Japan and Switzerland, which together accounted for a further 12%.

The Netherlands, with a CAGR of +37.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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, surging by 11% against the previous year. Overall, the import price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 an increase of 88%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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