Ireland: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in Ireland

In 2021, the Irish dental drill engine market increased by 1.1% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Dental Drill Engine Production in Ireland

In value terms, dental drill engine production declined to $X in 2021 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 112%. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Dental Drill Engine Exports

Exports from Ireland

In 2021, after three years of growth, there was decline in shipments abroad of dental drill engines, when their volume decreased by -2.3% to X kg. Overall, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by 368%. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, dental drill engine exports soared to $X in 2021. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 943%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The UK (X kg), Germany (X kg) and Austria (X kg) were the main destinations of dental drill engine exports from Ireland, with a combined 45% share of total exports. These countries were followed by France, Norway, the Netherlands, Finland, Denmark, the Czech Republic, Poland, Belgium, Sweden and Spain, which together accounted for a further 49%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +2,700.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dental drill engine exported from Ireland were Germany ($X), the UK ($X) and the Netherlands ($X), with a combined 48% share of total exports. Finland, Austria, France, Denmark, Norway, Poland, the Czech Republic, Belgium, Sweden and Spain lagged somewhat behind, together comprising a further 46%.

Poland, with a CAGR of +1,679.4%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dental drill engine export price stood at $X per ton in 2021, jumping by 41% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The growth pace was the most rapid in 2020 when the average export price increased by 548% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Denmark ($X per ton), while the average price for exports to the Czech Republic ($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 Denmark (+41.7%), while the prices for the other major destinations experienced mixed trend patterns.

Dental Drill Engine Imports

Imports into Ireland

Dental drill engine imports into Ireland skyrocketed to X tons in 2021, with an increase of 84% against the previous year's figure. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by 2,715% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, dental drill engine imports skyrocketed to $X in 2021. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 544%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Austria (X kg) and the UK (X kg) were the main suppliers of dental drill engine imports to Ireland, together comprising 82% of total imports. These countries were followed by the United States, Switzerland, China, the Netherlands and Finland, which together accounted for a further 17%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +59.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest dental drill engine suppliers to Ireland were Austria ($X), Germany ($X) and the UK ($X), together comprising 88% of total imports. These countries were followed by the United States, Switzerland, the Netherlands, China and Finland, which together accounted for a further 10%.

The Netherlands, with a CAGR of +62.7%, 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 dental drill engine import price stood at $X per ton in 2021, which is down by -2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 66% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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