Ireland: Dental Instruments Market 2024

Dental Instruments Market Size in Ireland

The Irish dental instruments market declined notably to $X in 2021, dropping by -80% against the previous year. Overall, consumption, however, posted a resilient increase. As a result, consumption attained the peak level of $X, and then declined sharply in the following year.

Dental Instruments Production in Ireland

In value terms, dental instruments production rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2018 with an increase of 60% against the previous year. Dental instruments production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Dental Instruments Exports

Exports from Ireland

In 2021, overseas shipments of instruments for dental sciences increased by 47% to X units, rising for the third consecutive year after four years of decline. In general, exports enjoyed strong growth. The pace of growth was the most pronounced in 2019 with an increase of 84% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, dental instruments exports surged to $X in 2021. Over the period under review, exports recorded a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for dental instruments exports from Ireland, with a 27% share of total exports. Moreover, dental instruments exports to Germany exceeded the volume sent to the second major destination, France (X units), twofold. Spain (X units) ranked third in terms of total exports with an 8.6% share.

From 2012 to 2021, the average annual growth rate of volume to Germany amounted to +12.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.9% per year) and Spain (+12.4% per year).

In value terms, Germany ($X) remains the key foreign market for instruments for dental sciences exports from Ireland, comprising 35% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 10% share of total exports. It was followed by France, with a 9.2% share.

From 2012 to 2021, the average annual growth rate of value to Germany totaled +24.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+19.9% per year) and France (+18.7% per year).

Export Prices by Country

In 2021, the average dental instruments export price amounted to $X per unit, surging by 38% against the previous year. In general, the export price saw a strong expansion. The pace of growth appeared the most rapid in 2015 an increase of 50%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Instruments Imports

Imports into Ireland

After seven years of growth, overseas purchases of instruments for dental sciences decreased by -74.2% to X units in 2021. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 822%. As a result, imports attained the peak of X units, and then declined sharply in the following year.

In value terms, dental instruments imports shrank markedly to $X in 2021. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 673%. As a result, imports attained the peak of $X, and then contracted dramatically in the following year.

Imports by Country

In 2021, the UK (X units) constituted the largest dental instruments supplier to Ireland, accounting for a 59% share of total imports. Moreover, dental instruments imports from the UK exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Germany (X units) ranked third in terms of total imports with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the UK amounted to +36.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+25.3% per year) and Germany (+12.4% per year).

In value terms, the UK ($X) constituted the largest supplier of instruments for dental sciences to Ireland, comprising 59% of total imports. The second position in the ranking was taken by Germany ($X), with a 24% share of total imports. It was followed by the United States, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value from the UK totaled +34.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+13.5% per year) and the United States (+15.3% per year).

Import Prices by Country

In 2021, the average dental instruments import price amounted to $X per unit, jumping by 62% against the previous year. Overall, the import price, however, continues to indicate a noticeable decrease. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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