Iran: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in Iran

The Iranian dental drill engine market shrank significantly to $X in 2021, falling by -44.8% 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). Over the period under review, consumption showed a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Dental Drill Engine Exports

Exports from Iran

In 2021, after two years of growth, there was significant decline in shipments abroad of dental drill engines, when their volume decreased by -51.3% to X kg. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 352%. As a result, the exports attained the peak of X kg, and then reduced dramatically in the following year.

In value terms, dental drill engine exports declined remarkably to $X in 2021. Overall, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 258% against the previous year. As a result, the exports reached the peak of $X, and then contracted rapidly in the following year.

Exports by Country

Georgia (X kg), South Africa (X kg) and Austria (X kg) were the main destinations of dental drill engine exports from Iran.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Georgia (with a CAGR of +7.6%), while the other leaders experienced more modest paces of growth.

In value terms, Austria ($X) emerged as the key foreign market for dental drill engines exports from Iran, comprising 68% of total exports. The second position in the ranking was taken by Georgia ($X), with a 29% share of total exports. It was followed by South Africa, with a 1.3% share.

From 2012 to 2021, the average annual growth rate of value to Austria was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (+14.6% per year) and South Africa (0.0% per year).

Export Prices by Country

In 2021, the average dental drill engine export price amounted to $X per ton, with an increase of 35% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 84% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Austria ($X per ton), while the average price for exports to South Africa ($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 the United Arab Emirates (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Drill Engine Imports

Imports into Iran

In 2021, purchases abroad of dental drill engines decreased by -40.4% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, imports faced a deep slump. The growth pace was the most rapid in 2016 with an increase of 68% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, dental drill engine imports reduced dramatically to $X in 2021. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2016 when imports increased by 69% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Slovakia (X tons), Switzerland (X tons) and Italy (X kg) were the main suppliers of dental drill engine imports to Iran, together comprising 49% of total imports.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +37.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dental drill engine suppliers to Iran were Switzerland ($X), France ($X) and Germany ($X), with a combined 70% share of total imports. These countries were followed by South Korea, Italy, Slovakia, China, Japan, the United States, Taiwan (Chinese) and Turkey, which together accounted for a further 21%.

Slovakia, with a CAGR of +25.0%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average dental drill engine import price amounted to $X per ton, dropping by -11.2% against the previous year. Over the last nine years, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2020 when the average import price increased by 33%. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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