Canada: Dental Fitting Market 2024

Dental Fitting Market Size in Canada

The Canadian dental fitting market fell remarkably to $X in 2022, waning by -19.4% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Dental Fitting Production in Canada

In value terms, dental fitting production contracted to $X in 2022 estimated in export price. Overall, production continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2015 with an increase of 61% against the previous year. Dental fitting production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Dental Fitting Exports

Exports from Canada

In 2022, approx. X tons of dental fittings were exported from Canada; increasing by 10% compared with the previous year's figure. Overall, exports, however, recorded a mild slump. The pace of growth appeared the most rapid in 2014 with an increase of 72%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, dental fitting exports expanded modestly to $X in 2022. Over the period under review, exports, however, recorded a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), the United States (X tons) and Switzerland (X kg) were the main destinations of dental fitting exports from Canada, together comprising 78% of total exports. France, South Korea, Norway, Austria and the Netherlands lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +7.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Switzerland ($X) constituted the largest markets for dental fitting exported from Canada worldwide, with a combined 78% share of total exports. France, South Korea, Norway, Austria and the Netherlands lagged somewhat behind, together accounting for a further 17%.

South Korea, with a CAGR of +5.7%, recorded 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 a decline.

Export Prices by Country

The average dental fitting export price stood at $X per kg in 2022, falling by -6.6% against the previous year. In general, the export price showed a slight curtailment. The growth pace was the most rapid in 2018 an increase of 49% against the previous year. The export price peaked at $X per kg in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were France ($X per kg) and Norway ($X per kg), while the average price for exports to South Korea ($X per kg) and Switzerland ($X per kg) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (-1.5%), while the prices for the other major destinations experienced a decline.

Dental Fitting Imports

Imports into Canada

In 2022, overseas purchases of dental fittings decreased by -37.8% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2019 when imports increased by 194% against the previous year. Imports peaked at X tons in 2021, and then fell sharply in the following year.

In value terms, dental fitting imports declined markedly to $X in 2022. Overall, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2019 when imports increased by 150% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

Mexico (X tons), the United States (X tons) and Switzerland (X tons) were the main suppliers of dental fitting imports to Canada, together accounting for 85% of total imports. Sweden, Brazil and Germany lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +52.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dental fitting suppliers to Canada were Mexico ($X), the United States ($X) and Switzerland ($X), with a combined 85% share of total imports. Sweden, Brazil and Germany lagged somewhat behind, together accounting for a further 11%.

Brazil, with a CAGR of +53.5%, recorded the highest growth rate of the value of imports, among 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 fitting import price stood at $X per kg in 2022, waning by -16.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 14%. The import price peaked at $X per kg in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($X per kg) and the United States ($X per kg), while the price for Switzerland ($X per kg) and Germany ($X per kg) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+0.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :