Report Update Nov 1, 2024

Azerbaijan - Instruments for Dental Sciences - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Dental Instruments Market 2024

Dental Instruments Market Size in Azerbaijan

For the third year in a row, the Azerbaijani dental instruments market recorded growth in sales value, which increased by 89% to $X in 2021. Overall, consumption recorded a significant increase. Dental instruments consumption peaked in 2021 and is expected to retain growth in the immediate term.

Dental Instruments Exports

Exports from Azerbaijan

In 2021, approx. X units of instruments for dental sciences were exported from Azerbaijan; which is down by -98.3% compared with 2020. Overall, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 1,271%. The exports peaked at X units in 2020, and then dropped notably in the following year.

In value terms, dental instruments exports dropped remarkably to $X in 2021. Over the period under review, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 925% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X units) was the main destination for dental instruments exports from Azerbaijan, accounting for a 67% share of total exports. Moreover, dental instruments exports to Austria exceeded the volume sent to the second major destination, Georgia (X units), sixfold. Finland (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Austria totaled -21.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+10.7% per year) and Finland (-16.4% per year).

In value terms, the largest markets for dental instruments exported from Azerbaijan were Georgia ($X), Austria ($X) and Switzerland ($X), together accounting for 77% of total exports.

In terms of the main countries of destination, Georgia, with a CAGR of +10.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average dental instruments export price stood at $X per unit in 2021, surging by 382% against the previous year. Overall, the export price enjoyed a modest expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Austria ($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 (+60.4%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Instruments Imports

Imports into Azerbaijan

In 2021, purchases abroad of instruments for dental sciences increased by 108% to X units, rising for the sixth consecutive year after three years of decline. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 171%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, dental instruments imports surged to $X in 2021. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2017 when imports increased by 165% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest dental instruments supplier to Azerbaijan, accounting for a 73% share of total imports. Moreover, dental instruments imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Russia (X units) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +47.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+60.1% per year) and Russia (+54.8% per year).

In value terms, the largest dental instruments suppliers to Azerbaijan were China ($X), South Korea ($X) and Germany ($X), together accounting for 65% of total imports.

Among the main suppliers, South Korea, with a CAGR of +71.1%, recorded the highest rates of growth with regard to 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

The average dental instruments import price stood at $X per unit in 2021, with a decrease of -29.3% against the previous year. In general, the import price faced a significant curtailment. The pace of growth was the most pronounced in 2014 a decrease of -1.9%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for instruments for dental sciences in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 46% share of global consumption. These countries were followed by Russia, Japan, Pakistan, Brazil, Indonesia, Mexico, Spain, Canada, the UK and South Korea, which together accounted for a further 30%.

What are the largest producers of instruments for dental sciences in the world?

The country with the largest volume of dental instruments production was China, accounting for 33% of total volume. Moreover, dental instruments production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 7.8% share.

What are the leading suppliers of instruments for dental sciences to Azerbaijan?

In value terms, China constituted the largest supplier of dental instruments to Azerbaijan, comprising 33% of total imports. The second position in the ranking was occupied by Germany, with a 14% share of total imports. It was followed by Russia, with a 5.3% share.

What are the leading importers of instruments for dental sciences from Azerbaijan?

In value terms, Georgia, Austria and Turkey $639) were the largest markets for dental instruments exported from Azerbaijan worldwide, together accounting for 75% of total exports.

What is the average export price for instruments for dental sciences in Azerbaijan?

In 2021, the average dental instruments export price amounted to $5.9 per unit, jumping by 774% against the previous year.

What is the average import price for instruments for dental sciences in Azerbaijan?

In 2021, the average dental instruments import price amounted to $1.1 per unit, reducing by -11.2% against the previous year.

This report provides an in-depth analysis of the dental instruments 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 32501150 - Instruments and appliances used in dental sciences (excluding drill engines)

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