Israel: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in Israel

The Israeli dental drill engine market surged to $X in 2021, growing by 75% against the previous year. Overall, consumption, however, recorded a slight contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Dental Drill Engine Production in Israel

In value terms, dental drill engine production soared to $X in 2021 estimated in export price. In general, production, however, showed a abrupt shrinkage. Dental drill engine production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Dental Drill Engine Exports

Exports from Israel

For the third consecutive year, Israel recorded decline in overseas shipments of dental drill engines, which decreased by -33.1% to X tons in 2021. Overall, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2018 when exports increased by 59%. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, dental drill engine exports dropped notably to $X in 2021. In general, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2018 with an increase of 72%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for dental drill engine exports from Israel, accounting for a 72% share of total exports. Moreover, dental drill engine exports to the United States exceeded the volume sent to the second major destination, Palestine (X kg), more than tenfold. Germany (X kg) ranked third in terms of total exports with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (-7.4% per year) and Germany (-8.2% per year).

In value terms, the United States ($X) remains the key foreign market for dental drill engines exports from Israel, comprising 36% of total exports. The second position in the ranking was taken by Palestine ($X), with a 12% share of total exports. It was followed by Kyrgyzstan, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to -10.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (+7.3% per year) and Kyrgyzstan (+13.6% per year).

Export Prices by Country

In 2021, the average dental drill engine export price amounted to $X per ton, growing by 2.2% against the previous year. In general, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dental drill engine export price increased by +64.9% against 2016 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per ton), while the average price for exports to the United States ($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 Turkey (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Drill Engine Imports

Imports into Israel

Dental drill engine imports into Israel expanded remarkably to X tons in 2021, growing by 15% against the previous year. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 114%. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, dental drill engine imports soared to $X in 2021. Over the period under review, imports enjoyed a prominent increase. The growth pace was the most rapid in 2019 when imports increased by 60%. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

In 2021, Japan (X tons) constituted the largest dental drill engine supplier to Israel, accounting for a 49% share of total imports. Moreover, dental drill engine imports from Japan exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was taken by Jordan (X kg), with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume from Japan stood at +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+31.0% per year) and Jordan (+47.1% per year).

In value terms, Japan ($X) constituted the largest supplier of dental drill engines to Israel, comprising 65% of total imports. The second position in the ranking was taken by Jordan ($X), with a 5.4% share of total imports. It was followed by Germany, with a 4.7% share.

From 2012 to 2021, the average annual growth rate of value from Japan totaled +31.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Jordan (+47.1% per year) and Germany (+6.3% per year).

Import Prices by Country

The average dental drill engine import price stood at $X per ton in 2021, growing by 26% against the previous year. In general, the import price recorded strong growth. The pace of growth was the most pronounced in 2016 an increase of 142%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Finland ($X per ton), while the price for the United States ($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 (+38.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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