CIS: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in CIS

The CIS medical reconstruction cements market rose markedly to $X in 2021, picking up by 11% against the previous year. The market value increased at an average annual rate of +3.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to see gradual growth in the near future.

Medical Reconstruction Cements Production in CIS

In value terms, medical reconstruction cements production declined to $X in 2021 estimated in export price. Over the period under review, production, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 186% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Medical Reconstruction Cements Exports

Exports in CIS

For the eighth year in a row, the CIS recorded growth in shipments abroad of dental cements and bone reconstruction cements, which increased by 53% to X tons in 2021. Overall, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, medical reconstruction cements exports surged to $X in 2021. Total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +10.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +44.0% against 2016 indices. The pace of growth appeared the most rapid in 2013 with an increase of 135% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the near future.

Exports by Country

Russia prevails in exports structure, recording X tons, which was approx. 96% of total exports in 2021. Belarus (X tons) held a relatively small share of total exports.

Russia was also the fastest-growing in terms of the dental cements and bone reconstruction cements exports, with a CAGR of +15.1% from 2012 to 2021. At the same time, Belarus (+7.2%) displayed positive paces of growth. Russia (+2.4 p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by -2.9% from 2012 to 2021, respectively.

In value terms, Russia ($X) remains the largest medical reconstruction cements supplier in the CIS, comprising 79% of total exports. The second position in the ranking was held by Belarus ($X), with a 17% share of total exports.

In Russia, medical reconstruction cements exports expanded at an average annual rate of +19.8% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, reducing by -5% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2013 an increase of 135% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belarus ($X per ton), while Russia amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+4.1%).

Medical Reconstruction Cements Imports

Imports in CIS

Medical reconstruction cements imports soared to X tons in 2021, picking up by 20% compared with the year before. The total import volume increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, medical reconstruction cements imports surged to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +77.5% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Russia was the key importing country with an import of about X tons, which accounted for 69% of total imports. Kazakhstan (X tons) held the second position in the ranking, followed by Belarus (X tons). All these countries together held near 18% share of total imports. The following importers - Azerbaijan (X tons), Tajikistan (X tons) and Uzbekistan (X tons) - together made up 9.5% of total imports.

Russia experienced a relatively flat trend pattern with regard to volume of imports of dental cements and bone reconstruction cements. At the same time, Uzbekistan (+23.9%), Tajikistan (+14.2%), Kazakhstan (+10.5%) and Azerbaijan (+7.7%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +23.9% from 2012-2021. Belarus experienced a relatively flat trend pattern. While the share of Kazakhstan (+5.5 p.p.), Uzbekistan (+2.3 p.p.) and Tajikistan (+2.2 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-10.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported dental cements and bone reconstruction cements in the CIS, comprising 78% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with an 8% share of total imports. It was followed by Belarus, with a 7.8% share.

In Russia, medical reconstruction cements imports increased at an average annual rate of +7.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+12.6% per year) and Belarus (+1.0% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, rising by 4.1% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.7%. The pace of growth was the most pronounced in 2013 an increase of 13%. Over the period under review, import prices attained the maximum in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+17.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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