Canada: Dental Instruments Market 2024

Dental Instruments Market Size in Canada

The Canadian dental instruments market was estimated at $X in 2021, with an increase of 11% against the previous year. In general, consumption showed a resilient expansion. Dental instruments consumption peaked in 2021 and is likely to see gradual growth in years to come.

Dental Instruments Production in Canada

In value terms, dental instruments production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 626% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then dropped in the following year.

Dental Instruments Exports

Exports from Canada

In 2021, approx. X units of instruments for dental sciences were exported from Canada; growing by 13% on the previous year. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 46%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, dental instruments exports surged to $X in 2021. The total export value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for dental instruments exports from Canada, accounting for a 74% share of total exports. Moreover, dental instruments exports to the United States exceeded the volume sent to the second major destination, Brazil (X units), more than tenfold. The third position in this ranking was taken by Germany (X units), with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+19.2% per year) and Germany (-0.1% per year).

In value terms, the United States ($X) remains the key foreign market for instruments for dental sciences exports from Canada, comprising 74% of total exports. The second position in the ranking was taken by Brazil ($X), with a 6.2% share of total exports. It was followed by Germany, with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States totaled +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+23.0% per year) and Germany (+3.1% per year).

Export Prices by Country

The average dental instruments export price stood at $X per unit in 2021, with an increase of 9.5% against the previous year. In general, export price indicated a measured 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 instruments export price increased by +2.3% against 2018 indices. The growth pace was the most rapid in 2018 when the average export price increased by 33% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2021, the highest price was recorded for prices to Japan ($X per unit) and South Korea ($X per unit), while the average price for exports to Germany ($X per unit) and Brazil ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Instruments Imports

Imports into Canada

In 2021, the amount of instruments for dental sciences imported into Canada soared to X units, rising by 28% against the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, dental instruments imports soared to $X in 2021. The total import value increased at an average annual rate of +4.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of dental instruments to Canada, accounting for a 38% share of total imports. Moreover, dental instruments imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. Israel (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.6% per year) and Israel (+20.2% per year).

In value terms, the United States ($X) constituted the largest supplier of instruments for dental sciences to Canada, comprising 38% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by Israel, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.5% per year) and Israel (+25.0% per year).

Import Prices by Country

In 2021, the average dental instruments import price amounted to $X per unit, with an increase of 11% against the previous year. Over the last nine years, it increased at an average annual rate of +4.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from Mexico ($X per unit) and the United States ($X per unit), while the price for Israel ($X per unit) and Austria ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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