Iran: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Iran

The Iranian medical reconstruction cements market skyrocketed to $X in 2021, increasing by 37% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Medical Reconstruction Cements Exports

Exports from Iran

In 2021, the amount of dental cements and bone reconstruction cements exported from Iran skyrocketed to X kg, with an increase of 41% on 2020. In general, exports, however, continue to indicate a dramatic contraction. The growth pace was the most rapid in 2013 with an increase of 176%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, medical reconstruction cements exports skyrocketed to $X in 2021. Over the period under review, exports, however, faced a precipitous decline. The most prominent rate of growth was recorded in 2013 with an increase of 221% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Kenya (X kg) was the main destination for medical reconstruction cements exports from Iran, with a 79% share of total exports. Moreover, medical reconstruction cements exports to Kenya exceeded the volume sent to the second major destination, Syrian Arab Republic (X kg), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kenya amounted to -23.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (-33.3% per year) and Uganda (-28.3% per year).

In value terms, Kenya ($X) remains the key foreign market for dental cements and bone reconstruction cements exports from Iran, comprising 57% of total exports. The second position in the ranking was taken by Syrian Arab Republic ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Kenya stood at -21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Syrian Arab Republic (-32.0% per year) and Uganda (-30.8% per year).

Export Prices by Country

In 2021, the average medical reconstruction cements export price amounted to $X per ton, picking up by 14% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 31%. Over the period under review, the average export prices hit record highs 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 export markets. In 2021, amid the top suppliers, the country with the highest price was Uganda ($X per ton), while the average price for exports to Kenya ($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 Kenya (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports into Iran

In 2021, medical reconstruction cements imports into Iran surged to X tons, growing by 18% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 63%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, medical reconstruction cements imports skyrocketed to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 62%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), South Korea (X tons) and the United Arab Emirates (X tons) were the main suppliers of medical reconstruction cements imports to Iran, with a combined 40% share of total imports. Singapore, the Netherlands, the UK, Brazil, India, Italy, the United States, Switzerland, Germany and Belgium lagged somewhat behind, together comprising a further 52%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Singapore (with a CAGR of +51.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), South Korea ($X) and Singapore ($X) constituted the largest medical reconstruction cements suppliers to Iran, together accounting for 35% of total imports.

Singapore, with a CAGR of +56.9%, saw the highest growth rate of 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

The average medical reconstruction cements import price stood at $X per ton in 2021, picking up by 19% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.9%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 24% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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