Eastern Europe: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Eastern Europe

In 2021, the East European medical reconstruction cements market decreased by -29.5% to $X for the first time since 2017, thus ending a three-year rising trend. The total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X, and then reduced notably in the following year.

Medical Reconstruction Cements Production in Eastern Europe

In value terms, medical reconstruction cements production rose rapidly to $X in 2021 estimated in export price. In general, production saw a prominent increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 253%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Medical Reconstruction Cements Exports

Exports in Eastern Europe

In 2021, the amount of dental cements and bone reconstruction cements exported in Eastern Europe soared to X tons, jumping by 18% on the previous year's figure. Over the period under review, exports showed a buoyant increase. The pace of growth was the most pronounced in 2019 with an increase of 52% against the previous year. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, medical reconstruction cements exports surged to $X in 2021. In general, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 43%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

Exports by Country

In 2021, the Czech Republic (X tons) and Russia (X tons) represented the main exporters of dental cements and bone reconstruction cements in Eastern Europe, together reaching near 65% of total exports. Poland (X tons) took the next position in the ranking, followed by Lithuania (X tons), Romania (X tons) and Bulgaria (X tons). All these countries together held near 31% share of total exports. Ukraine (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Romania (with a CAGR of +56.6%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Poland ($X) and Lithuania ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 73% share of total exports. Russia, Romania, Bulgaria and Ukraine lagged somewhat behind, together accounting for a further 23%.

Among the main exporting countries, Romania, with a CAGR of +39.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, surging by 9.7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.5%. The pace of growth was the most pronounced in 2013 when the export price increased by 62% 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 failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Medical Reconstruction Cements Imports

Imports in Eastern Europe

After three years of growth, supplies from abroad of dental cements and bone reconstruction cements decreased by -36.9% to X tons in 2021. Overall, imports, however, saw a measured increase. The growth pace was the most rapid in 2020 when imports increased by 51% against the previous year. As a result, imports attained the peak of X tons, and then dropped dramatically in the following year.

In value terms, medical reconstruction cements imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Russia (X tons), distantly followed by Poland (X tons), Romania (X tons), the Czech Republic (X tons) and Ukraine (X tons) represented the key importers of dental cements and bone reconstruction cements, together committing 80% of total imports. Slovakia (X tons), Bulgaria (X tons), Lithuania (X tons), Belarus (X tons), Latvia (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Slovakia (with a CAGR of +12.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported dental cements and bone reconstruction cements in Eastern Europe, comprising 41% of total imports. The second position in the ranking was held by Poland ($X), with a 19% share of total imports. It was followed by Ukraine, with an 8.1% 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: Poland (+4.2% per year) and Ukraine (+0.9% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, surging by 98% against the previous year. Import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+6.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :