Indonesia: Dental Fitting Market 2024

Dental Fitting Market Size in Indonesia

The Indonesian dental fitting market dropped slightly to $X in 2022, waning by -4.1% against the previous year. Over the period under review, consumption, however, enjoyed a buoyant expansion. Dental fitting consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Dental Fitting Production in Indonesia

In value terms, dental fitting production declined to $X in 2022 estimated in export price. Overall, production, however, recorded prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 40% against the previous year. Dental fitting production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Dental Fitting Exports

Exports from Indonesia

In 2022, approx. X kg of dental fittings were exported from Indonesia; with a decrease of -99.7% against the year before. Over the period under review, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 29,342%. As a result, the exports reached the peak of X tons, and then dropped markedly in the following year.

In value terms, dental fitting exports reduced remarkably to $X in 2022. Overall, exports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 1,403%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Singapore (X kg) was the main destination for dental fitting exports from Indonesia, accounting for a 72% share of total exports. Moreover, dental fitting exports to Singapore exceeded the volume sent to the second major destination, the United States (X kg), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to -3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-40.4% per year) and South Korea (-60.1% per year).

In value terms, the largest markets for dental fitting exported from Indonesia were Singapore ($X), South Korea ($X) and the United States ($X).

Singapore, with a CAGR of +8.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average dental fitting export price amounted to $X per ton, increasing by 2,695% against the previous year. Overall, the export price saw resilient growth. The pace of growth was the most pronounced in 2018 an increase of 5,859% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+11.6%), while the prices for the other major destinations experienced a decline.

Dental Fitting Imports

Imports into Indonesia

In 2022, imports of dental fittings into Indonesia surged to X tons, with an increase of 92% compared with the previous year. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 46,200% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, dental fitting imports skyrocketed to $X in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 21,608%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

South Korea (X tons), Hong Kong SAR (X tons) and Germany (X kg) were the main suppliers of dental fitting imports to Indonesia, with a combined 87% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of +77.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Korea ($X), Germany ($X) and the United States ($X) appeared to be the largest dental fitting suppliers to Indonesia, with a combined 91% share of total imports. Hong Kong SAR, China, Singapore and Japan lagged somewhat behind, together accounting for a further 8%.

Hong Kong SAR, with a CAGR of +55.9%, recorded the highest rates of growth with regard to 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

In 2022, the average dental fitting import price amounted to $X per ton, with an increase of 5.5% against the previous year. Over the period under review, the import price, however, continues to indicate a mild setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 232%. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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