Denmark: Dental Instruments Market 2024

Dental Instruments Market Size in Denmark

In 2021, the Danish dental instruments market increased by 74% to $X, rising for the second year in a row after two years of decline. In general, consumption recorded a buoyant increase. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in years to come.

Dental Instruments Production in Denmark

In value terms, dental instruments production reduced modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 24% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then shrank in the following year.

Dental Instruments Exports

Exports from Denmark

In 2021, shipments abroad of instruments for dental sciences decreased by -26.1% to X units, falling for the second consecutive year after four years of growth. In general, total exports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +4.4% 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 decreased by -29.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 21% against the previous year. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, dental instruments exports rose sharply to $X in 2021. Overall, exports, however, posted prominent growth. The growth pace was the most rapid in 2018 when exports increased by 101%. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the near future.

Exports by Country

Germany (X units), the United States (X units) and Sweden (X units) were the main destinations of dental instruments exports from Denmark, with a combined 44% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +47.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for instruments for dental sciences exports from Denmark, comprising 24% of total exports. The second position in the ranking was taken by South Korea ($X), with a 7.7% share of total exports. It was followed by Japan, with a 6.4% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +35.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+65.1% per year) and Japan (+32.7% per year).

Export Prices by Country

In 2021, the average dental instruments export price amounted to $X per unit, growing by 51% against the previous year. In general, the export price recorded a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 70%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was South Korea ($X per unit), while the average price for exports to Lithuania ($X per unit) 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 (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Instruments Imports

Imports into Denmark

In 2021, approx. X units of instruments for dental sciences were imported into Denmark; increasing by 15% against the year before. Over the period under review, imports showed a measured expansion. The pace of growth was the most pronounced in 2019 when imports increased by 42% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, dental instruments imports skyrocketed to $X in 2021. In general, imports recorded resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of dental instruments imports to Denmark, together comprising 56% of total imports. Sweden, France, the Netherlands, Slovakia, Thailand, Poland, Finland, Austria and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +268.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and the Netherlands ($X) constituted the largest dental instruments suppliers to Denmark, together comprising 49% of total imports. These countries were followed by China, France, Italy, Austria, Finland, Poland, Thailand, Slovakia and Taiwan (Chinese), which together accounted for a further 36%.

Thailand, with a CAGR of +256.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dental instruments import price stood at $X per unit in 2021, rising by 42% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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