Benelux: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in Benelux

The Benelux dental drill engine market surged to $X in 2021, increasing by 84% against the previous year. The total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -0.7% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Dental Drill Engine Production in Benelux

In value terms, dental drill engine production soared to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt decline. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Dental Drill Engine Exports

Exports in Benelux

In 2021, the amount of dental drill engines exported in Benelux soared to X tons, rising by 36% against the previous year. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 64% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, dental drill engine exports soared to $X in 2021. Overall, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands represented the main exporter of dental drill engines in Benelux, with the volume of exports finishing at X tons, which was near 85% of total exports in 2021. It was distantly followed by Belgium (X tons), creating a 15% share of total exports.

The Netherlands was also the fastest-growing in terms of the dental drill engines exports, with a CAGR of +4.2% from 2012 to 2021. Belgium (-12.1%) illustrated a downward trend over the same period. While the share of the Netherlands (+30 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-29.6 p.p.) displayed negative dynamics.

In value terms, the largest dental drill engine supplying countries in Benelux were Belgium ($X) and the Netherlands ($X).

Belgium, with a CAGR of +33.8%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, growing by 181% against the previous year. Overall, the export price continues to indicate prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per ton), while the Netherlands totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+52.1%).

Dental Drill Engine Imports

Imports in Benelux

In 2021, supplies from abroad of dental drill engines increased by 47% to X tons, rising for the fifth year in a row after two years of decline. Overall, imports showed a modest increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dental drill engine imports soared to $X in 2021. Total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands represented the main importing country with an import of about X tons, which accounted for 72% of total imports. It was distantly followed by Belgium (X tons), committing a 27% share of total imports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of imports of dental drill engines. At the same time, Belgium (+5.4%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer imported in Benelux, with a CAGR of +5.4% from 2012-2021. Belgium (+8.6 p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by -8.4% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported dental drill engines in Benelux, comprising 81% of total imports. The second position in the ranking was held by Belgium ($X), with a 19% share of total imports.

In the Netherlands, dental drill engine imports expanded at an average annual rate of +4.9% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, falling by -1.9% against the previous year. Import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +3.2% 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 drill engine import price decreased by -32.8% against 2017 indices. The growth pace was the most rapid in 2015 when the import price increased by 49%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.0%).

Source: IndexBox Platform