Lithuania: Dental Fitting Market 2024

Dental Fitting Market Size in Lithuania

In 2022, the Lithuanian dental fitting market decreased by -16.5% to $X, falling for the fourth consecutive year after three years of growth. In general, consumption, however, continues to indicate buoyant growth. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Dental Fitting Production in Lithuania

In value terms, dental fitting production fell significantly to $X in 2022 estimated in export price. Overall, production, however, recorded a significant expansion. The growth pace was the most rapid in 2014 when the production volume increased by 85% against the previous year. Dental fitting production peaked at $X in 2021, and then shrank notably in the following year.

Dental Fitting Exports

Exports from Lithuania

In 2022, dental fitting exports from Lithuania surged to X tons, increasing by 17% compared with the previous year. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 433% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, dental fitting exports soared to $X in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 218% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Switzerland (X tons), Russia (X tons) and Belarus (X kg) were the main destinations of dental fitting exports from Lithuania, together accounting for 97% of total exports.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +143.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dental fitting exported from Lithuania were Switzerland ($X), Belarus ($X) and Russia ($X), with a combined 88% share of total exports.

Among the main countries of destination, Switzerland, with a CAGR of +119.1%, saw the highest rates of growth with regard to 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 dental fitting export price stood at $X per kg in 2022, increasing by 4.7% against the previous year. Overall, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 19%. Over the period under review, the average export prices attained the maximum at $X per kg in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per kg), while the average price for exports to Russia ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (-2.0%), while the prices for the other major destinations experienced a decline.

Dental Fitting Imports

Imports into Lithuania

Dental fitting imports into Lithuania amounted to X tons in 2022, with an increase of 6.9% compared with 2021 figures. Over the period under review, imports saw prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 152%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, dental fitting imports stood at $X in 2022. In general, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Italy (X tons), the Netherlands (X tons) and Switzerland (X tons) were the main suppliers of dental fitting imports to Lithuania, with a combined 54% share of total imports. Brazil, the Czech Republic, Germany, the United States, South Korea, Israel and Spain lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +114.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest dental fitting suppliers to Lithuania were Switzerland ($X), the United States ($X) and the Netherlands ($X), together comprising 67% of total imports. Brazil, Germany, the Czech Republic, Italy, South Korea, Israel and Spain lagged somewhat behind, together accounting for a further 23%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +177.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dental fitting import price amounted to $X per kg, picking up by 5% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2014 an increase of 15% against the previous year. Over the period under review, average import prices attained the maximum at $X per kg in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per kg), while the price for Italy ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform