Italy: Dental Instruments Market 2024

Dental Instruments Market Size in Italy

The Italian dental instruments market reached $X in 2021, with an increase of 14% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Dental instruments consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Dental Instruments Production in Italy

In value terms, dental instruments production skyrocketed to $X in 2021 estimated in export price. In general, production continues to indicate a notable increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 73% against the previous year. Over the period under review, production attained the peak level in 2021 and is expected to retain growth in the immediate term.

Dental Instruments Exports

Exports from Italy

In 2021, overseas shipments of instruments for dental sciences increased by 11% to X units for the first time since 2015, thus ending a five-year declining trend. Over the period under review, exports, however, saw a noticeable decline. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, dental instruments exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a mild decline. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X units), France (X units) and the United States (X units) were the main destinations of dental instruments exports from Italy, together comprising 29% 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 United States (with a CAGR of +8.9%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Spain ($X) constituted the largest markets for dental instruments exported from Italy worldwide, with a combined 32% share of total exports. The United States, China, Switzerland, the UK, the Netherlands, Russia, Turkey, Australia, Poland and Canada lagged somewhat behind, together accounting for a further 34%.

China, with a CAGR of +12.8%, recorded the highest rates of growth with regard to 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

In 2021, the average dental instruments export price amounted to $X per unit, growing by 14% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.2%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Canada ($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 China (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Instruments Imports

Imports into Italy

Dental instruments imports into Italy rose remarkably to X units in 2021, increasing by 8.7% compared with the previous year. Over the period under review, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 43%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, dental instruments imports surged to $X in 2021. In general, total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), the Netherlands (X units) and France (X units) were the main suppliers of dental instruments imports to Italy, with a combined 64% share of total imports.

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 +42.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of instruments for dental sciences to Italy, comprising 39% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 18% share of total imports. It was followed by Denmark, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+26.4% per year) and Denmark (+33.8% per year).

Import Prices by Country

The average dental instruments import price stood at $X per unit in 2021, growing by 20% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 25%. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per unit), while the price for Spain ($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 (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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