Report Update Nov 1, 2024

Azerbaijan - Dental Fittings - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Dental Fitting Market 2024

Dental Fitting Market Size in Azerbaijan

The Azerbaijani dental fitting market surged to $X in 2022, jumping by 20% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a significant expansion. Over the period under review, the market attained the peak level in 2022 and is likely to see steady growth in the immediate term.

Dental Fitting Exports

Exports from Azerbaijan

In 2022, shipments abroad of dental fittings decreased by -37.7% to X kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 195% against the previous year. Over the period under review, the exports hit record highs at X kg in 2021, and then reduced rapidly in the following year.

In value terms, dental fitting exports surged to $X in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 782% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Turkey (X kg) was the main destination for dental fitting exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2019 to 2022, the average annual growth rate of volume to Turkey amounted to +236.2%.

In value terms, Turkey ($X) emerged as the key foreign market for dental fittings exports from Azerbaijan.

From 2019 to 2022, the average annual growth rate of value to Turkey stood at +255.3%.

Export Prices by Country

In 2022, the average dental fitting export price amounted to $X per ton, surging by 205% against the previous year. Overall, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2019 to 2022, the rate of growth in terms of prices for Turkey amounted to +4.0% per year.

Dental Fitting Imports

Imports into Azerbaijan

In 2022, the amount of dental fittings imported into Azerbaijan rose markedly to X tons, increasing by 15% on 2021 figures. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2015 with an increase of 65%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, dental fitting imports surged to $X in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 131% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, South Korea (X tons) constituted the largest supplier of dental fitting to Azerbaijan, with a 34% share of total imports. Moreover, dental fitting imports from South Korea exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. Turkey (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea totaled +63.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+101.1% per year) and Turkey (+73.9% per year).

In value terms, South Korea ($X) constituted the largest supplier of dental fittings to Azerbaijan, comprising 49% of total imports. The second position in the ranking was held by Israel ($X), with a 13% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from South Korea stood at +88.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+104.5% per year) and Germany (+125.0% per year).

Import Prices by Country

The average dental fitting import price stood at $X per ton in 2022, increasing by 3.9% against the previous year. Overall, the import price recorded significant growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 62%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+33.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dental fittings in the world?

The countries with the highest volumes of dental fitting consumption in 2021 were France, Italy and China, with a combined 34% share of global consumption. These countries were followed by the United States, India, Germany, Japan, Pakistan, Spain, Brazil, Nigeria, Mexico and Iran, which together accounted for a further 41%.

What are the largest producers of dental fittings in the world?

The countries with the highest volumes of dental fitting production in 2021 were China, the United States and Italy, with a combined 39% share of global production.

What are the leading suppliers of dental fittings to Azerbaijan?

In value terms, South Korea, Germany and Switzerland were the largest dental fitting suppliers to Azerbaijan, together accounting for 65% of total imports.

What are the leading importers of dental fittings from Azerbaijan?

In value terms, the largest markets for dental fitting exported from Azerbaijan were Germany, Moldova and Turkey $572), with a combined 100% share of total exports.

What is the average export price for dental fittings in Azerbaijan?

The average dental fitting export price stood at $293,492 per ton in 2021, falling by -41% against the previous year.

What is the average import price for dental fittings in Azerbaijan?

In 2021, the average dental fitting import price amounted to $1,228,368 per ton, jumping by 24% against the previous year.

This report provides an in-depth analysis of the dental fitting market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32502259 - Dental fittings (including dentures and part dentures, metal crowns, cast tin bars, stainless steel bars) (excluding individual artificial teeth)

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023