Belgium: Dental Instruments Market 2024

Dental Instruments Market Size in Belgium

The Belgian dental instruments market surged to $X in 2021, with an increase of 189% against the previous year. Over the period under review, consumption enjoyed a buoyant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Dental Instruments Production in Belgium

In value terms, dental instruments production declined notably to $X in 2021 estimated in export price. Overall, production, however, saw a sharp descent. The pace of growth appeared the most rapid in 2018 with an increase of 24% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Dental Instruments Exports

Exports from Belgium

Dental instruments exports from Belgium surged to X units in 2021, jumping by 54% against 2020 figures. Over the period under review, exports enjoyed buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, dental instruments exports surged to $X in 2021. Overall, exports showed a resilient increase. The growth pace was the most rapid in 2013 with an increase of 34% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X units), France (X units) and the Netherlands (X units) were the main destinations of dental instruments exports from Belgium, with a combined 64% share of total exports. These countries were followed by Italy, the UK, Spain and Luxembourg, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +53.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) were the largest markets for dental instruments exported from Belgium worldwide, together comprising 73% of total exports. These countries were followed by Italy, the UK, Spain and Luxembourg, which together accounted for a further 17%.

Italy, with a CAGR of +35.7%, recorded the highest growth rate of the value of exports, in terms of 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

In 2021, the average dental instruments export price amounted to $X per unit, which is down by -17.5% against the previous year. Overall, the export price recorded a slight curtailment. The most prominent rate of growth was recorded in 2014 an increase of 26%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was France ($X per unit), while the average price for exports to the UK ($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 Spain (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.

Dental Instruments Imports

Imports into Belgium

In 2021, after three years of growth, there was significant decline in purchases abroad of instruments for dental sciences, when their volume decreased by -5.6% to X units. Over the period under review, imports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by 45% against the previous year. As a result, imports attained the peak of X units, and then reduced in the following year.

In value terms, dental instruments imports surged to $X in 2021. Overall, total imports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +73.5% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of 30%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

The Netherlands (X units), Germany (X units) and China (X units) were the main suppliers of dental instruments imports to Belgium, with a combined 76% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +31.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) appeared to be the largest dental instruments suppliers to Belgium, together accounting for 77% of total imports. These countries were followed by Italy, China, Japan and the United States, which together accounted for a further 10%.

China, with a CAGR of +34.3%, saw 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

The average dental instruments import price stood at $X per unit in 2021, rising by 24% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dental instruments import price decreased by -15.8% against 2016 indices. The import price peaked at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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