Belgium: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Belgium

The Belgian medical reconstruction cements market surged to $X in 2021, increasing by 136% against the previous year. Overall, consumption saw strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Medical Reconstruction Cements Production in Belgium

In value terms, medical reconstruction cements production skyrocketed to $X in 2021 estimated in export price. Overall, production continues to indicate a significant increase. Medical reconstruction cements production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Medical Reconstruction Cements Exports

Exports from Belgium

Medical reconstruction cements exports from Belgium surged to X tons in 2021, increasing by 23% on 2020 figures. In general, exports recorded a relatively flat trend pattern. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, medical reconstruction cements exports soared to $X in 2021. The total export value increased at an average annual rate of +4.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), France (X tons) and the UK (X tons) were the main destinations of medical reconstruction cements exports from Belgium, with a combined 41% share of total exports. Germany, Russia, the Netherlands, Poland, Italy, Spain, Israel, Kyrgyzstan, Romania and Ukraine lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +728.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Poland ($X) and Germany ($X) were the largest markets for medical reconstruction cements exported from Belgium worldwide, together accounting for 29% of total exports. The UK, Russia, Spain, the United States, the Netherlands, Romania, Italy, Ukraine, Israel and Kyrgyzstan lagged somewhat behind, together comprising a further 38%.

Kyrgyzstan, with a CAGR of +439.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average medical reconstruction cements export price stood at $X per ton in 2021, picking up by 7.5% against the previous year. In general, export price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, medical reconstruction cements export price increased by +22.2% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 47% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the United States ($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 Russia (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports into Belgium

In 2021, medical reconstruction cements imports into Belgium skyrocketed to X tons, rising by 26% against the year before. Overall, imports, however, showed a relatively flat trend pattern. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, medical reconstruction cements imports soared to $X in 2021. The total import value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Japan (X tons) constituted the largest supplier of medical reconstruction cements to Belgium, with a 48% share of total imports. Moreover, medical reconstruction cements imports from Japan exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Japan stood at -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+2.6% per year) and the UK (+10.4% per year).

In value terms, Japan ($X) constituted the largest supplier of dental cements and bone reconstruction cements to Belgium, comprising 66% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 14% share of total imports. It was followed by Germany, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value from Japan totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+6.0% per year) and Germany (+1.8% per year).

Import Prices by Country

In 2021, the average medical reconstruction cements import price amounted to $X per ton, with an increase of 12% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, medical reconstruction cements import price decreased by -26.4% against 2017 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 48% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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