Ireland: Dental Fitting Market 2024

Dental Fitting Market Size in Ireland

In 2022, the Irish dental fitting market was finally on the rise to reach $X after three years of decline. Overall, consumption showed a temperate expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Dental Fitting Production in Ireland

In value terms, dental fitting production contracted significantly to $X in 2022 estimated in export price. Over the period under review, production recorded prominent growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by 215%. Over the period under review, production hit record highs at $X in 2021, and then reduced sharply in the following year.

Dental Fitting Exports

Exports from Ireland

For the fifth year in a row, Ireland recorded decline in shipments abroad of dental fittings, which decreased by 0% to X tons in 2022. In general, exports saw a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of 161% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, dental fitting exports stood at $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 184%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Poland (X kg), the UK (X kg) and Italy (X kg) were the main destinations of dental fitting exports from Ireland, together comprising 42% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of +67.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dental fitting exported from Ireland were Poland ($X), Italy ($X) and Spain ($X), together comprising 50% of total exports. Romania, the UK, Germany, Austria, the United States, Denmark, Belgium, Slovakia and Hong Kong SAR lagged somewhat behind, together accounting for a further 35%.

The UK, with a CAGR of +70.6%, recorded the highest growth rate of the value of exports, in terms of 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 fitting export price stood at $X per kg in 2022, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 115% against the previous year. Over the period under review, the average export prices reached the maximum at $X per kg in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per kg), while the average price for exports to Hong Kong SAR ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Fitting Imports

Imports into Ireland

For the fifth year in a row, Ireland recorded decline in overseas purchases of dental fittings, which decreased by 0% to X tons in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 44% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, dental fitting imports amounted to $X in 2022. Over the period under review, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by 33%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The United States (X tons), the UK (X tons) and China (X tons) were the main suppliers of dental fitting imports to Ireland, with a combined 86% share of total imports. Switzerland and Germany lagged somewhat behind, together comprising a further 7.9%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +43.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of dental fittings to Ireland, comprising 68% of total imports. The second position in the ranking was held by the UK ($X), with a 12% share of total imports. It was followed by Switzerland, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States totaled +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+5.4% per year) and Switzerland (+29.1% per year).

Import Prices by Country

The average dental fitting import price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the import price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 56% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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