Israel: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Israel

After three years of growth, the Israeli medical reconstruction cements market decreased by -16.7% to $X in 2021. Over the period under review, consumption, however, continues to indicate prominent growth. Over the period under review, the market hit record highs at $X in 2020, and then fell remarkably in the following year.

Medical Reconstruction Cements Production in Israel

In value terms, medical reconstruction cements production shrank to $X in 2021 estimated in export price. Overall, production, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 75%. Medical reconstruction cements production peaked at $X in 2020, and then reduced in the following year.

Medical Reconstruction Cements Exports

Exports from Israel

In 2021, shipments abroad of dental cements and bone reconstruction cements was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a mild decline. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, medical reconstruction cements exports soared to $X in 2021. Overall, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 34% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons), France (X tons) and the Netherlands (X tons) were the main destinations of medical reconstruction cements exports from Israel, with a combined 72% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +30.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for medical reconstruction cements exported from Israel were the United States ($X), France ($X) and the Netherlands ($X), with a combined 72% share of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +40.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average medical reconstruction cements export price stood at $X per ton in 2021, flattening at the previous year. In general, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, medical reconstruction cements export price decreased by -6.3% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 35%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Germany ($X per ton) and Russia ($X per ton), while the average price for exports to the United States ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports into Israel

Medical reconstruction cements imports into Israel soared to X tons in 2021, jumping by 22% compared with 2020. In general, imports, however, showed a perceptible decline. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, medical reconstruction cements imports soared to $X in 2021. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), Japan (X tons) and Germany (X tons) were the main suppliers of medical reconstruction cements imports to Israel, together comprising 61% of total imports.

From 2012 to 2021, the biggest increases were recorded for Japan (with a CAGR of +88.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and Germany ($X) were the largest medical reconstruction cements suppliers to Israel, with a combined 61% share of total imports.

Japan, with a CAGR of +98.6%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average medical reconstruction cements import price amounted to $X per ton, increasing by 5.9% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, medical reconstruction cements import price increased by +57.0% against 2012 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per ton) and Belgium ($X per ton), while the price for Italy ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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