Report Update Nov 1, 2024

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

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Bangladesh: Dental Fitting Market 2024

Dental Fitting Market Size in Bangladesh

For the fourth consecutive year, the Bangladeshi dental fitting market recorded decline in sales value, which decreased by -56.8% to $X in 2022. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Dental Fitting Exports

Exports from Bangladesh

In 2022, overseas shipments of dental fittings increased by 3.8% to X kg, rising for the sixth year in a row after four years of decline. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 400% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, dental fitting exports rose sharply to $X in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 612%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Nigeria (X kg) was the main destination for dental fitting exports from Bangladesh, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Nigeria amounted to +63.9%.

In value terms, Nigeria ($X) remains the key foreign market for dental fittings exports from Bangladesh, comprising 97% of total exports. The second position in the ranking was held by Denmark ($X), with a 1.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Nigeria amounted to +65.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-67.5% per year) and Canada (-10.7% per year).

Export Prices by Country

In 2022, the average dental fitting export price amounted to $X per kg, growing by 5.3% against the previous year. Overall, the export price saw a moderate expansion. The growth pace was the most rapid in 2020 when the average export price increased by 177% against the previous year. As a result, the export price reached the peak level of $X per kg. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per kg), while the average price for exports to Nigeria ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+700.0%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Fitting Imports

Imports into Bangladesh

In 2022, approx. X kg of dental fittings were imported into Bangladesh; with a decrease of -35.8% on 2021. Over the period under review, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2016 with an increase of 464%. As a result, imports attained the peak of X kg. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, dental fitting imports contracted slightly to $X in 2022. In general, imports, however, saw strong growth. The pace of growth was the most pronounced in 2016 with an increase of 375% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

South Korea (X kg), Germany (X kg) and China (X kg) were the main suppliers of dental fitting imports to Bangladesh, together comprising 70% of total imports. Italy, the Netherlands, Singapore, Brazil, Japan, Pakistan, India and the United States lagged somewhat behind, together accounting for a further 19%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +14.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dental fitting suppliers to Bangladesh were Germany ($X), the Netherlands ($X) and South Korea ($X), with a combined 45% share of total imports.

The Netherlands, with a CAGR of +44.1%, saw the highest growth rate of 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 ton in 2022, with an increase of 48% against the previous year. In general, the import price showed resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 84% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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 the Netherlands ($X per ton), while the price for France ($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 (+30.8%), 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, together comprising 34% 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, together accounting for 39% of global production.

What are the leading suppliers of dental fittings to Bangladesh?

In value terms, the Netherlands, South Korea and the United States constituted the largest dental fitting suppliers to Bangladesh, together accounting for 61% of total imports.

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

In 2021, the average dental fitting export price amounted to $1,224,672 per ton, declining by -5.4% against the previous year.

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

The average dental fitting import price stood at $543,433 per ton in 2021, waning by -13.2% against the previous year.

This report provides an in-depth analysis of the dental fitting market in Bangladesh. 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:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
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