Japan: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in Japan

In 2021, the Japanese dental drill engine market increased by 4% to $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, saw a noticeable contraction. Dental drill engine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Dental Drill Engine Production in Japan

In value terms, dental drill engine production rose to $X in 2021 estimated in export price. In general, production, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2017 with an increase of 22%. 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 Japan

In 2021, dental drill engine exports from Japan surged to X tons, picking up by 20% against the previous year's figure. In general, exports recorded resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by 247%. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, dental drill engine exports skyrocketed to $X in 2021. Over the period under review, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 261% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons), Israel (X tons) and Australia (X tons) were the main destinations of dental drill engine exports from Japan, together accounting for 58% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +86.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dental drill engine exported from Japan were the United States ($X), Australia ($X) and Mexico ($X), with a combined 52% share of total exports.

The United States, with a CAGR of +77.0%, 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

The average dental drill engine export price stood at $X per ton in 2021, surging by 22% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The growth pace was the most rapid in 2016 when the average export price increased by 146% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Israel ($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 Egypt (+32.4%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Drill Engine Imports

Imports into Japan

In 2021, supplies from abroad of dental drill engines decreased by -1.9% to X tons, falling for the second consecutive year after four years of growth. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2018 when imports increased by 77%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, dental drill engine imports declined sharply to $X in 2021. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 255% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, South Korea (X tons) constituted the largest dental drill engine supplier to Japan, with a 52% share of total imports. Moreover, dental drill engine imports from South Korea exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was taken by China (X tons), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from South Korea stood at +33.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.4% per year) and China (+24.9% per year).

In value terms, Denmark ($X), South Korea ($X) and Switzerland ($X) were the largest dental drill engine suppliers to Japan, with a combined 76% share of total imports.

Denmark, with a CAGR of +53.5%, saw the highest growth rate of 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

The average dental drill engine import price stood at $X per ton in 2021, declining by -17.2% against the previous year. Over the period under review, the import price, however, posted a perceptible increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 101%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Denmark ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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