CIS: Dental Fitting Market 2024

Dental Fitting Market Size in CIS

The CIS dental fitting market fell to $X in 2022, which is down by -10.3% against the previous year. Over the period under review, consumption, however, showed a strong expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then contracted in the following year.

Dental Fitting Production in CIS

In value terms, dental fitting production rose modestly to $X in 2022 estimated in export price. In general, production, however, enjoyed prominent growth. The pace of growth appeared the most rapid in 2016 when the production volume increased by 178%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Dental Fitting Exports

Exports in CIS

In 2022, approx. X tons of dental fittings were exported in the CIS; surging by 92% against 2021 figures. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2013 when exports increased by 148%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, dental fitting exports soared to $X in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 287%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

Belarus (X tons) and Russia (X tons) were the key exporters of dental fittings in 2022, amounting to approx. 41% and 39% of total exports, respectively. It was distantly followed by Kazakhstan (X tons), committing a 17% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +69.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X) remains the largest dental fitting supplier in the CIS, comprising 46% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 23% share of total exports.

In Belarus, dental fitting exports expanded at an average annual rate of +57.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (+55.0% per year) and Russia (+28.1% per year).

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, jumping by 16% against the previous year. Overall, the export price showed resilient growth. The growth pace was the most rapid in 2013 when the export price increased by 56%. Over the period under review, the export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+17.8%), while the other leaders experienced a decline in the export price figures.

Dental Fitting Imports

Imports in CIS

In 2022, approx. X tons of dental fittings were imported in the CIS; declining by -14.7% against the previous year. Overall, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 99%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, dental fitting imports declined modestly to $X in 2022. Over the period under review, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2019 when imports increased by 48%. Over the period under review, imports hit record highs at $X in 2021, and then fell in the following year.

Imports by Country

Russia dominates imports structure, finishing at X tons, which was approx. 68% of total imports in 2022. Belarus (X tons) held an 8.6% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (7%), Uzbekistan (5%) and Moldova (4.9%). Azerbaijan (X tons) and Armenia (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +11.5% from 2012 to 2022. At the same time, Uzbekistan (+84.7%), Belarus (+35.2%), Moldova (+32.8%), Azerbaijan (+24.8%), Kazakhstan (+21.0%) and Armenia (+15.8%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +84.7% from 2012-2022. Belarus (+7 p.p.), Uzbekistan (+5 p.p.), Moldova (+3.8 p.p.), Kazakhstan (+3 p.p.) and Azerbaijan (+2.4 p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -20.2% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported dental fittings in the CIS, comprising 72% of total imports. The second position in the ranking was held by Belarus ($X), with a 9.8% share of total imports. It was followed by Kazakhstan, with a 6.7% share.

In Russia, dental fitting imports expanded at an average annual rate of +10.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (+23.7% per year) and Kazakhstan (+21.2% per year).

Import Prices by Country

The import price in the CIS stood at $X per kg in 2022, surging by 15% against the previous year. In general, the import price, however, continues to indicate a mild setback. The pace of growth was the most pronounced in 2014 when the import price increased by 28%. The level of import peaked at $X per kg in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Armenia ($X per kg), while Uzbekistan ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+49.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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