Chile: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Chile

In 2021, the Chilean medical reconstruction cements market increased by 170% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption enjoyed a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Medical Reconstruction Cements Exports

Exports from Chile

In 2021, overseas shipments of dental cements and bone reconstruction cements decreased by -83.7% to X kg, falling for the second year in a row after two years of growth. In general, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2019 with an increase of 60%. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, medical reconstruction cements exports reduced sharply to $X in 2021. Overall, exports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 when exports increased by 44%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uzbekistan (X kg), Argentina (X kg) and the Netherlands (X kg) were the main destinations of medical reconstruction cements exports from Chile.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.

In value terms, Uzbekistan ($X) emerged as the key foreign market for dental cements and bone reconstruction cements exports from Chile, comprising 75% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Uzbekistan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-15.0% per year) and Argentina (-0.6% per year).

Export Prices by Country

In 2021, the average medical reconstruction cements export price amounted to $X per kg, which is down by -13.1% against the previous year. In general, the export price, however, showed a significant increase. The most prominent rate of growth was recorded in 2017 an increase of 227%. The export price peaked at $X per kg in 2020, and then contracted in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per kg), while the average price for exports to Argentina ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports into Chile

In 2021, overseas purchases of dental cements and bone reconstruction cements were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, medical reconstruction cements imports skyrocketed to $X in 2021. Overall, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Switzerland (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of medical reconstruction cements imports to Chile, together accounting for 70% of total imports. These countries were followed by Brazil, Colombia, Japan, Slovakia, South Korea, China, the Netherlands and Italy, which together accounted for a further 22%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +25.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medical reconstruction cements suppliers to Chile were the United States ($X), Germany ($X) and Switzerland ($X), with a combined 70% share of total imports. Colombia, Brazil, Japan, South Korea, Italy, China, the Netherlands and Slovakia lagged somewhat behind, together comprising a further 19%.

Among the main suppliers, Colombia, with a CAGR of +32.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average medical reconstruction cements import price stood at $X per ton in 2021, reducing by -3% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, medical reconstruction cements import price decreased by -11.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 38% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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