India: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in India

The Indian dental drill engine market stood at $X in 2021, growing by 6% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Dental drill engine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Dental Drill Engine Production in India

In value terms, dental drill engine production amounted to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Dental Drill Engine Exports

Exports from India

In 2021, the amount of dental drill engines exported from India soared to X kg, with an increase of 575% compared with 2020. Over the period under review, exports, however, saw a dramatic descent. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, dental drill engine exports surged to $X in 2021. In general, exports, however, saw a precipitous decrease. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Papua New Guinea (X kg), Nepal (X kg) and Democratic Republic of the Congo (X kg) were the main destinations of dental drill engine exports from India, with a combined 46% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Democratic Republic of the Congo (with a CAGR of +11,100.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Nepal ($X) emerged as the key foreign market for dental drill engines exports from India, comprising 30% of total exports. The second position in the ranking was taken by Papua New Guinea ($X), with a 9.6% share of total exports. It was followed by Democratic Republic of the Congo, with an 8.5% share.

From 2012 to 2021, the average annual growth rate of value to Nepal totaled -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (+1,652.7% per year) and Democratic Republic of the Congo (+54,300.0% per year).

Export Prices by Country

The average dental drill engine export price stood at $X per ton in 2021, shrinking by -42.1% against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 26%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Nepal ($X per ton), while the average price for exports to Kenya ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+350.6%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Drill Engine Imports

Imports into India

In 2021, purchases abroad of dental drill engines was finally on the rise to reach X tons after three years of decline. In general, imports recorded a modest increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dental drill engine imports soared to $X in 2021. Over the period under review, imports enjoyed a temperate increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, South Korea (X tons) constituted the largest supplier of dental drill engine to India, with a 83% share of total imports. Moreover, dental drill engine imports from South Korea exceeded the figures recorded by the second-largest supplier, Malaysia (X kg), more than tenfold. China (X kg) ranked third in terms of total imports with a 3.2% share.

From 2012 to 2021, the average annual growth rate of volume from South Korea stood at +14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (0.0% per year) and China (-1.4% per year).

In value terms, South Korea ($X) constituted the largest supplier of dental drill engines to India, comprising 83% of total imports. The second position in the ranking was held by Malaysia ($X), with a 4.2% share of total imports. It was followed by China, with a 3.2% share.

From 2012 to 2021, the average annual growth rate of value from South Korea totaled +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (0.0% per year) and China (-1.1% per year).

Import Prices by Country

The average dental drill engine import price stood at $X per ton in 2021, picking up by 2.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 12% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from South Korea ($X per ton) and Malaysia ($X per ton), while the price for Germany ($X per ton) and Switzerland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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