Kenya: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in Kenya

In 2021, the Kenyan dental drill engine market decreased by -1.9% to $X for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2020, and then dropped in the following year.

Dental Drill Engine Production in Kenya

In value terms, dental drill engine production dropped to $X in 2021 estimated in export price. In general, the total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +73.2% against 2016 indices. The pace of growth appeared the most rapid in 2019 with an increase of 45%. Dental drill engine production peaked at $X in 2020, and then fell in the following year.

Dental Drill Engine Exports

Exports from Kenya

In 2021, overseas shipments of dental drill engines decreased by -12.9% to X kg, falling for the third year in a row after five years of growth. Over the period under review, exports showed a precipitous descent. The pace of growth appeared the most rapid in 2014 with an increase of 179% against the previous year. Over the period under review, the exports attained the peak figure at X kg in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, dental drill engine exports skyrocketed to $X in 2021. In general, exports, however, showed notable growth. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Rwanda (X kg) was the main destination for dental drill engine exports from Kenya, with a 88% share of total exports. Moreover, dental drill engine exports to Rwanda exceeded the volume sent to the second major destination, Egypt (X kg), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Rwanda stood at -24.9%.

In value terms, Rwanda ($X) and Egypt ($X) were the largest markets for dental drill engine exported from Kenya worldwide.

In terms of the main countries of destination, Egypt, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average dental drill engine export price amounted to $X per ton, growing by 119% against the previous year. Overall, the export price recorded significant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 177% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Egypt ($X per ton), while the average price for exports to Rwanda stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+31.4%).

Dental Drill Engine Imports

Imports into Kenya

Dental drill engine imports into Kenya skyrocketed to X kg in 2021, increasing by 18% against 2020 figures. In general, imports, however, recorded a deep slump. The pace of growth was the most pronounced in 2019 with an increase of 556% against the previous year. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, dental drill engine imports skyrocketed to $X in 2021. Overall, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 321%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Finland (X kg) constituted the largest dental drill engine supplier to Kenya, with a 48% share of total imports. Moreover, dental drill engine imports from Finland exceeded the figures recorded by the second-largest supplier, Slovakia (X kg), threefold. Germany (X kg) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from Finland amounted to +22.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (-2.8% per year) and Germany (-15.1% per year).

In value terms, Finland ($X) constituted the largest supplier of dental drill engines to Kenya, comprising 45% of total imports. The second position in the ranking was taken by Germany ($X), with a 19% share of total imports. It was followed by Slovakia, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Finland stood at -3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-18.9% per year) and Slovakia (-8.3% per year).

Import Prices by Country

In 2021, the average dental drill engine import price amounted to $X per ton, flattening at the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 73%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was South Africa ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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