CIS: Dental Instruments Market 2024

Dental Instruments Market Size in CIS

For the third consecutive year, the CIS dental instruments market recorded growth in sales value, which increased by 5.1% to $X in 2021. The total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +68.1% against 2015 indices. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in the near future.

Dental Instruments Production in CIS

In value terms, dental instruments production contracted to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 38%. The level of production peaked at $X in 2020, and then dropped in the following year.

Dental Instruments Exports

Exports in CIS

In 2021, approx. X units of instruments for dental sciences were exported in the CIS; with an increase of 66% compared with the previous year's figure. Overall, exports continue to indicate buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, dental instruments exports surged to $X in 2021. In general, exports saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belarus represented the major exporting country with an export of about X units, which amounted to 73% of total exports. It was distantly followed by Russia (X units), mixing up a 25% share of total exports.

Exports from Belarus increased at an average annual rate of +7.3% from 2012 to 2021. At the same time, Russia (+14.6%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +14.6% from 2012-2021. Russia (+9.2 p.p.) significantly strengthened its position in terms of the total exports, while Belarus saw its share reduced by -11.1% from 2012 to 2021, respectively.

In value terms, Russia ($X) remains the largest dental instruments supplier in the CIS, comprising 73% of total exports. The second position in the ranking was held by Belarus ($X), with a 17% share of total exports.

In Russia, dental instruments exports increased at an average annual rate of +12.6% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per unit, which is down by -15.3% against the previous year. Export price indicated a slight expansion from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dental instruments export price increased by +55.8% against 2015 indices. The pace of growth appeared the most rapid in 2020 an increase of 39% against the previous year. As a result, the export price attained the peak level of $X per unit, and then shrank markedly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per unit), while Belarus amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (-1.8%).

Dental Instruments Imports

Imports in CIS

In 2021, after three years of decline, there was significant growth in overseas purchases of instruments for dental sciences, when their volume increased by 21% to X units. The total import volume increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 39% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, dental instruments imports surged to $X in 2021. Total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.9% 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 +129.7% against 2015 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 41% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

Russia dominates imports structure, reaching X units, which was approx. 80% of total imports in 2021. Belarus (X units) ranks second in terms of the total imports with a 9.1% share, followed by Kazakhstan (6.1%). Armenia (X units) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +3.6% from 2012 to 2021. At the same time, Kazakhstan (+16.3%), Belarus (+4.5%) and Armenia (+1.7%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +16.3% from 2012-2021. While the share of Kazakhstan (+3.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Russia (-5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported instruments for dental sciences in the CIS, comprising 83% of total imports. The second position in the ranking was taken by Kazakhstan ($X), with a 6.3% share of total imports. It was followed by Belarus, with a 5% share.

In Russia, dental instruments imports increased at an average annual rate of +4.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+10.7% per year) and Belarus (+4.3% per year).

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per unit, with an increase of 13% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the import price increased by 21% against the previous year. Over the period under review, import prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Russia ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Armenia (+5.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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