Eastern Europe: Dental Fitting Market 2024

Dental Fitting Market Size in Eastern Europe

The East European dental fitting market totaled $X in 2022, picking up by 11% against the previous year. Over the period under review, consumption saw resilient growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Dental Fitting Production in Eastern Europe

In value terms, dental fitting production fell to $X in 2022 estimated in export price. Over the period under review, production saw buoyant growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 41% against the previous year. Over the period under review, production reached the peak level at $X in 2021, and then dropped in the following year.

Dental Fitting Exports

Exports in Eastern Europe

For the eleventh year in a row, Eastern Europe recorded growth in shipments abroad of dental fittings, which increased by 31% to X tons in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2015 when exports increased by 142% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, dental fitting exports skyrocketed to $X in 2022. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 59%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

The Czech Republic dominates exports structure, finishing at X tons, which was approx. 78% of total exports in 2022. It was distantly followed by Lithuania (X tons), generating a 6% share of total exports. Poland (X tons), Belarus (X tons), Russia (X tons) and Hungary (X tons) took a little share of total exports.

The Czech Republic was also the fastest-growing in terms of the dental fittings exports, with a CAGR of +62.5% from 2012 to 2022. At the same time, Lithuania (+58.9%), Belarus (+34.0%), Russia (+33.2%), Poland (+30.3%) and Hungary (+7.0%) displayed positive paces of growth. While the share of the Czech Republic (+55 p.p.) and Lithuania (+3.7 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belarus (-3.8 p.p.), Russia (-4.1 p.p.), Poland (-6.8 p.p.) and Hungary (-35.4 p.p.) displayed negative dynamics.

In value terms, the Czech Republic ($X), Poland ($X) and Lithuania ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 72% of total exports. Hungary, Belarus and Russia lagged somewhat behind, together accounting for a further 21%.

In terms of the main exporting countries, Belarus, with a CAGR of +57.9%, recorded the highest rates of growth with regard to 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

The export price in Eastern Europe stood at $X per ton in 2022, with a decrease of -11.6% against the previous year. In general, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the export price increased by 14% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the Czech Republic ($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 mixed trends in the export price figures.

Dental Fitting Imports

Imports in Eastern Europe

Dental fitting imports dropped slightly to X tons in 2022, with a decrease of -3.7% against 2021 figures. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, imports reached the peak of X tons, and then declined in the following year.

In value terms, dental fitting imports reduced to $X in 2022. Over the period under review, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 39%. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, Russia (X tons), distantly followed by Romania (X tons), Poland (X tons), the Czech Republic (X tons) and Bulgaria (X tons) represented the main importers of dental fittings, together creating 82% of total imports. The following importers - Belarus (X tons) and Ukraine (X tons) - together made up 7.2% of total imports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +35.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported dental fittings in Eastern Europe, comprising 44% of total imports. The second position in the ranking was taken by Romania ($X), with an 11% share of total imports. It was followed by Poland, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia totaled +10.5%. In the other countries, the average annual rates were as follows: Romania (+19.1% per year) and Poland (+9.2% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, remaining constant against the previous year. Overall, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2020 when the import price increased by 11%. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Ukraine ($X per ton), while Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+6.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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