Austria: Dental Instruments Market 2024

Dental Instruments Market Size in Austria

In 2021, the Austrian dental instruments market decreased by -3.6% to $X, falling for the second year in a row after six years of growth. Over the period under review, consumption continues to indicate resilient growth. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Dental Instruments Production in Austria

In value terms, dental instruments production surged to $X in 2021 estimated in export price. Over the period under review, production recorded a prominent expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Dental Instruments Exports

Exports from Austria

In 2021, the amount of instruments for dental sciences exported from Austria soared to X units, with an increase of 28% compared with 2020. Overall, total exports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.2% 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 decreased by -13.9% against 2019 indices. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, dental instruments exports surged to $X in 2021. The total export value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern 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

Germany (X units) was the main destination for dental instruments exports from Austria, accounting for a 32% share of total exports. Moreover, dental instruments exports to Germany exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by Liechtenstein (X units), with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+15.4% per year) and Liechtenstein (-51.6% per year).

In value terms, Germany ($X) remains the key foreign market for instruments for dental sciences exports from Austria, comprising 26% of total exports. The second position in the ranking was taken by the United States ($X), with a 7.8% share of total exports. It was followed by Canada, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-1.3% per year) and Canada (+18.7% per year).

Export Prices by Country

In 2021, the average dental instruments export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2020 an increase of 21%. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

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

Dental Instruments Imports

Imports into Austria

After three years of decline, purchases abroad of instruments for dental sciences increased by 39% to X units in 2021. In general, imports, however, saw a mild contraction. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, dental instruments imports soared to $X in 2021. The total import value increased at an average annual rate of +2.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of dental instruments to Austria, accounting for a 50% share of total imports. Moreover, dental instruments imports from Germany exceeded the figures recorded by the second-largest supplier, Switzerland (X units), threefold. Finland (X units) ranked third in terms of total imports with a 5.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-1.4% per year) and Finland (+56.1% per year).

In value terms, the largest dental instruments suppliers to Austria were Germany ($X), Switzerland ($X) and Liechtenstein ($X), together comprising 76% of total imports. These countries were followed by Finland, the Netherlands, Italy, China and Canada, which together accounted for a further 12%.

The Netherlands, with a CAGR of +39.6%, saw the highest rates of growth with regard to the value of imports, among 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 instruments import price stood at $X per unit in 2021, waning by -7.4% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +3.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dental instruments import price decreased by -18.0% against 2018 indices. The growth pace was the most rapid in 2014 when the average import price increased by 33%. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Liechtenstein ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Liechtenstein (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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