China: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in China

In 2021, after two years of growth, there was significant decline in the Chinese medical reconstruction cements market, when its value decreased by -5.4% to $X. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Medical reconstruction cements consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Medical Reconstruction Cements Production in China

In value terms, medical reconstruction cements production shrank to $X in 2021 estimated in export price. Overall, production recorded a slight reduction. The most prominent rate of growth was recorded in 2020 with an increase of 14%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Medical Reconstruction Cements Exports

Exports from China

After two years of decline, overseas shipments of dental cements and bone reconstruction cements increased by 45% to X tons in 2021. Overall, exports continue to indicate a strong increase. The growth pace was the most rapid in 2014 when exports increased by 482% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, medical reconstruction cements exports surged to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 152% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

India (X tons) was the main destination for medical reconstruction cements exports from China, with a 41% share of total exports. Moreover, medical reconstruction cements exports to India exceeded the volume sent to the second major destination, Pakistan (X tons), fourfold. Japan (X tons) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume to India amounted to +27.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (+29.7% per year) and Japan (+35.9% per year).

In value terms, the United States ($X) remains the key foreign market for dental cements and bone reconstruction cements exports from China, comprising 21% of total exports. The second position in the ranking was taken by South Korea ($X), with a 5.8% share of total exports. It was followed by Germany, with a 5.7% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-4.8% per year) and Germany (-11.5% per year).

Export Prices by Country

The average medical reconstruction cements export price stood at $X per ton in 2021, reducing by -7.5% against the previous year. Overall, the export price recorded a abrupt decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 45%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports into China

In 2021, overseas purchases of dental cements and bone reconstruction cements increased by 30% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 when imports increased by 64%. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, medical reconstruction cements imports soared to $X in 2021. Overall, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 49% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest medical reconstruction cements supplier to China, accounting for a 44% share of total imports. Moreover, medical reconstruction cements imports from Germany exceeded the figures recorded by the second-largest supplier, Japan (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+11.0% per year) and Italy (+29.5% per year).

In value terms, Germany ($X) constituted the largest supplier of dental cements and bone reconstruction cements to China, comprising 44% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports. It was followed by Japan, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+19.7% per year) and Japan (+13.3% per year).

Import Prices by Country

In 2021, the average medical reconstruction cements import price amounted to $X per ton, growing by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 34% against the previous year. The import price peaked in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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