Benelux: Dental Fitting Market 2024

Dental Fitting Market Size in Benelux

The Benelux dental fitting market shrank markedly to $X in 2022, with a decrease of -21.7% against the previous year. Overall, consumption, however, enjoyed a slight expansion. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Dental Fitting Production in Benelux

In value terms, dental fitting production declined sharply to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the production volume increased by 318% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Dental Fitting Exports

Exports in Benelux

In 2022, approx. X tons of dental fittings were exported in Benelux; increasing by 3.7% on 2021. Over the period under review, exports, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2018 when exports increased by 27% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, dental fitting exports surged to $X in 2022. In general, exports posted a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by 36% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

The Netherlands prevails in exports structure, recording X tons, which was approx. 97% of total exports in 2022. Belgium (X tons) held a relatively small share of total exports.

The Netherlands was also the fastest-growing in terms of the dental fittings exports, with a CAGR of -2.9% from 2012 to 2022. Belgium (-3.6%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) remains the largest dental fitting supplier in Benelux, comprising 98% of total exports. The second position in the ranking was held by Belgium ($X), with a 1.7% share of total exports.

In the Netherlands, dental fitting exports increased at an average annual rate of +11.4% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per kg, increasing by 21% against the previous year. In general, the export price recorded a resilient expansion. The growth pace was the most rapid in 2015 an increase of 81%. The level of export peaked at $X per kg in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per kg), while Belgium stood at $X per kg.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.7%).

Dental Fitting Imports

Imports in Benelux

In 2022, supplies from abroad of dental fittings was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Total imports indicated noticeable growth from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when imports increased by 42% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, dental fitting imports stood at $X in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.9% against 2019 indices. The pace of growth was the most pronounced in 2016 when imports increased by 80% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands was the major importer of dental fittings in Benelux, with the volume of imports resulting at X tons, which was near 85% of total imports in 2022. It was distantly followed by Belgium (X tons), achieving an 11% share of total imports. Luxembourg (X tons) took a little share of total imports.

The Netherlands was also the fastest-growing in terms of the dental fittings imports, with a CAGR of +4.6% from 2012 to 2022. At the same time, Luxembourg (+4.1%) and Belgium (+1.8%) displayed positive paces of growth. While the share of the Netherlands (+3.1 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (-3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported dental fittings in Benelux, comprising 82% of total imports. The second position in the ranking was held by Belgium ($X), with a 17% share of total imports.

In the Netherlands, dental fitting imports expanded at an average annual rate of +3.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (+3.7% per year) and Luxembourg (+7.7% per year).

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, with a decrease of -9.5% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 29%. The level of import peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belgium ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+3.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform