Belgium: Dental Fitting Market 2024

Dental Fitting Market Size in Belgium

The Belgian dental fitting market surged to $X in 2022, jumping by 19% against the previous year. In general, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +92.5% against 2015 indices. Dental fitting consumption peaked in 2022 and is expected to retain growth in the near future.

Dental Fitting Production in Belgium

In value terms, dental fitting production fell to $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +16.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. As a result, production attained the peak level of $X, and then shrank in the following year.

Dental Fitting Exports

Exports from Belgium

In 2022, approx. X tons of dental fittings were exported from Belgium; waning by -49.8% on the previous year's figure. Overall, exports recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 41%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, dental fitting exports contracted dramatically to $X in 2022. In general, exports saw a perceptible downturn. The pace of growth appeared the most rapid in 2013 with an increase of 55%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X tons), Germany (X kg) and Switzerland (X kg) were the main destinations of dental fitting exports from Belgium, together accounting for 40% of total exports. Turkey, Italy, Australia, the UK, Spain, Sweden, the Netherlands, Israel, the United States and Poland lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of +41.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and France ($X) constituted the largest markets for dental fitting exported from Belgium worldwide, together accounting for 51% of total exports. The Netherlands, Poland, Spain, Italy, the UK, Switzerland, Turkey, Australia, the United States and Israel lagged somewhat behind, together accounting for a further 31%.

Among the main countries of destination, Australia, with a CAGR of +23.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average dental fitting export price amounted to $X per kg, rising by 33% against the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked at $X per kg in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per kg), while the average price for exports to Israel ($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 the Netherlands (+17.2%), while the prices for the other major destinations experienced mixed trend patterns.

Dental Fitting Imports

Imports into Belgium

Dental fitting imports into Belgium expanded modestly to X tons in 2022, surging by 3.4% compared with the previous year. The total import volume increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when imports increased by 27%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, dental fitting imports expanded markedly to $X in 2022. The total import value increased at an average annual rate of +3.7% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of dental fitting to Belgium, with a 59% share of total imports. Moreover, dental fitting imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Japan (X tons), fivefold. The third position in this ranking was taken by the United States (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+30.6% per year) and the United States (+3.5% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of dental fittings to Belgium, comprising 54% of total imports. The second position in the ranking was taken by Switzerland ($X), with a 21% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+7.0% per year) and the United States (+3.8% per year).

Import Prices by Country

In 2022, the average dental fitting import price amounted to $X per ton, surging by 8.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth was the most pronounced in 2021 when the average import price increased by 40%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Switzerland ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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