Austria: Dental Fitting Market 2024

Dental Fitting Market Size in Austria

In 2022, the Austrian dental fitting market decreased by -8.1% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, recorded a perceptible curtailment. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Dental Fitting Production in Austria

In value terms, dental fitting production fell to $X in 2022 estimated in export price. Over the period under review, production showed a buoyant increase. The most prominent rate of growth was recorded in 2013 when the production volume increased by 56%. Dental fitting production peaked at $X in 2021, and then declined in the following year.

Dental Fitting Exports

Exports from Austria

In 2022, overseas shipments of dental fittings increased by 70% to X tons, rising for the second consecutive year after three years of decline. In general, exports enjoyed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, dental fitting exports stood at $X in 2022. Overall, exports, however, continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Romania (X tons) was the main destination for dental fitting exports from Austria, with a 63% share of total exports. Moreover, dental fitting exports to Romania exceeded the volume sent to the second major destination, Germany (X kg), eightfold. Poland (X kg) ranked third in terms of total exports with an 8.2% share.

From 2014 to 2022, the average annual rate of growth in terms of volume to Romania stood at +55.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-6.8% per year) and Poland (+31.3% per year).

In value terms, Romania ($X) emerged as the key foreign market for dental fittings exports from Austria, comprising 55% of total exports. The second position in the ranking was taken by Germany ($X), with a 19% share of total exports. It was followed by the United States, with a 4% share.

From 2014 to 2022, the average annual growth rate of value to Romania totaled +43.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.9% per year) and the United States (-15.4% per year).

Export Prices by Country

The average dental fitting export price stood at $X per kg in 2022, dropping by -38.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 24% against the previous year. Over the period under review, the average export prices hit record highs at $X per kg in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.3%), while the prices for the other major destinations experienced mixed trend patterns.

Dental Fitting Imports

Imports into Austria

For the third year in a row, Austria recorded growth in purchases abroad of dental fittings, which increased by 26% to X tons in 2022. Overall, total imports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, dental fitting imports shrank to $X in 2022. Over the period under review, total imports indicated a modest increase from 2012 to 2022: its value increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 63%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

The Netherlands (X tons), Germany (X tons) and South Korea (X tons) were the main suppliers of dental fitting imports to Austria, together accounting for 69% of total imports. France, the United States, Spain, Italy, Switzerland and Sweden lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +68.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest dental fitting suppliers to Austria were Germany ($X), the Netherlands ($X) and France ($X), with a combined 69% share of total imports. South Korea, the United States, Spain, Switzerland, Italy and Sweden lagged somewhat behind, together accounting for a further 29%.

Spain, with a CAGR of +160.7%, recorded 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

The average dental fitting import price stood at $X per kg in 2022, dropping by -24.5% against the previous year. In general, the import price recorded a mild setback. The most prominent rate of growth was recorded in 2014 when the average import price increased by 31% against the previous year. As a result, import price reached the peak level of $X per kg. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per kg), while the price for Italy ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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