Eastern Europe: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in Eastern Europe

For the third year in a row, the East European dental drill engine market recorded growth in sales value, which increased by 38% to $X in 2021. In general, consumption showed a tangible increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Dental Drill Engine Production in Eastern Europe

In value terms, dental drill engine production fell to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible curtailment. The growth pace was the most rapid in 2017 with an increase of 24% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Dental Drill Engine Exports

Exports in Eastern Europe

Dental drill engine exports soared to X tons in 2021, increasing by 28% against the year before. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, dental drill engine exports surged to $X in 2021. Overall, exports saw a relatively flat trend pattern. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Slovakia prevails in exports structure, recording X tons, which was approx. 74% of total exports in 2021. Lithuania (X tons) took the second position in the ranking, followed by Russia (X tons) and the Czech Republic (X tons). All these countries together took approx. 16% share of total exports. Ukraine (X tons), Latvia (X tons) and Poland (X tons) took a minor share of total exports.

Exports from Slovakia decreased at an average annual rate of -1.8% from 2012 to 2021. At the same time, Latvia (+20.8%), Lithuania (+14.3%), Russia (+8.0%), Ukraine (+6.5%) and Poland (+4.1%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +20.8% from 2012-2021. By contrast, the Czech Republic (-1.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Lithuania, Russia, Latvia and Ukraine increased by +4.6, +2.5, +2.1 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Slovakia ($X) remains the largest dental drill engine supplier in Eastern Europe, comprising 73% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with an 8.1% share of total exports. It was followed by Lithuania, with a 6.7% share.

In Slovakia, dental drill engine exports plunged by an average annual rate of -1.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Czech Republic (+5.3% per year) and Lithuania (+13.2% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, rising by 9% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the export price increased by 12% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the Czech Republic ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.7%), while the other leaders experienced more modest paces of growth.

Dental Drill Engine Imports

Imports in Eastern Europe

In 2021, supplies from abroad of dental drill engines increased by 49% to X tons, rising for the sixth consecutive year after two years of decline. In general, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dental drill engine imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a notable expansion. 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) was the major importer of dental drill engines, making up 67% of total imports. Ukraine (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by Poland (7%). The Czech Republic (X tons) and Romania (X tons) held a relatively small share of total imports.

Russia was also the fastest-growing in terms of the dental drill engines imports, with a CAGR of +15.1% from 2012 to 2021. At the same time, Romania (+15.0%), Poland (+4.3%), the Czech Republic (+2.5%) and Ukraine (+1.1%) displayed positive paces of growth. From 2012 to 2021, the share of Russia increased by +23 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported dental drill engines in Eastern Europe, comprising 46% of total imports. The second position in the ranking was taken by Poland ($X), with a 14% share of total imports. It was followed by Romania, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia stood at +3.3%. The remaining importing countries recorded the following average annual rates of imports growth: Poland (+7.6% per year) and Romania (+18.6% per year).

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, shrinking by -5.2% against the previous year. Overall, the import price showed a pronounced setback. The pace of growth was the most pronounced in 2014 an increase of 8.3%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Romania ($X per ton), while Ukraine ($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 (+3.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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