Belarus: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in Belarus

The Belarusian dental drill engine market shrank to $X in 2021, with a decrease of -12.7% 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). Over the period under review, consumption, however, continues to indicate a slight increase. Dental drill engine consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Dental Drill Engine Exports

Exports from Belarus

In 2021, overseas shipments of dental drill engines increased by 42% to X kg, rising for the sixth year in a row after three years of decline. Overall, exports, however, faced a significant curtailment. The growth pace was the most rapid in 2019 when exports increased by 50%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, dental drill engine exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2020 when exports increased by 38% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X kg) was the main destination for dental drill engine exports from Belarus, accounting for a 94% share of total exports. Moreover, dental drill engine exports to Russia exceeded the volume sent to the second major destination, Italy (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to -38.0%.

In value terms, the largest markets for dental drill engine exported from Belarus were Russia ($X), Turkey ($X) and Italy ($X).

In terms of the main countries of destination, Russia, with a CAGR of -31.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average dental drill engine export price amounted to $X per ton, waning by -10.6% against the previous year. Overall, the export price, however, continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 191% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+15.1%), while the prices for the other major destinations experienced mixed trend patterns.

Dental Drill Engine Imports

Imports into Belarus

In 2021, dental drill engine imports into Belarus shrank significantly to X tons, falling by -19.1% against the year before. Overall, total imports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by 119% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, dental drill engine imports dropped to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 195%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest dental drill engine supplier to Belarus, with a 49% share of total imports. Moreover, dental drill engine imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. The third position in this ranking was taken by Slovakia (X tons), with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +26.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-3.2% per year) and Slovakia (+14.6% per year).

In value terms, China ($X), the United States ($X) and Lithuania ($X) appeared to be the largest dental drill engine suppliers to Belarus, with a combined 50% share of total imports.

Lithuania, with a CAGR of +21.8%, 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

In 2021, the average dental drill engine import price amounted to $X per ton, picking up by 16% against the previous year. Overall, the import price, however, saw a noticeable curtailment. The growth pace was the most rapid in 2017 when the average import price increased by 35%. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Finland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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