Malaysia: Dental Instruments Market 2024

Dental Instruments Market Size in Malaysia

The Malaysian dental instruments market shrank to $X in 2021, with a decrease of -11% against the previous year. In general, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Dental instruments consumption peaked at $X in 2020, and then reduced in the following year.

Dental Instruments Production in Malaysia

In value terms, dental instruments production declined to $X in 2021 estimated in export price. In general, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +6.1% 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 +7.2% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by 30% against the previous year. Dental instruments production peaked at $X in 2020, and then dropped in the following year.

Dental Instruments Exports

Exports from Malaysia

In 2021, the amount of instruments for dental sciences exported from Malaysia soared to X units, growing by 166% against 2020 figures. Overall, exports recorded a slight increase. The pace of growth was the most pronounced in 2014 when exports increased by 226%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, dental instruments exports soared to $X in 2021. Over the period under review, exports continue to indicate a perceptible increase. The growth pace was the most rapid in 2014 when exports increased by 222%. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Poland (X units), Germany (X units) and Russia (X units) were the main destinations of dental instruments exports from Malaysia, with a combined 43% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +123.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dental instruments exported from Malaysia were the United States ($X), Germany ($X) and Poland ($X), together comprising 64% of total exports. These countries were followed by Canada, Switzerland, South Korea, Russia, Slovenia, Fiji, Saudi Arabia, the Netherlands, Taiwan (Chinese) and the United Arab Emirates, which together accounted for a further 21%.

In terms of the main countries of destination, Slovenia, with a CAGR of +86.6%, saw the highest growth rate of 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

In 2021, the average dental instruments export price amounted to $X per unit, almost unchanged from the previous year. Overall, export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.1% 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 instruments export price decreased by -35.0% against 2016 indices. The most prominent rate of growth was recorded in 2015 an increase of 55% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Saudi Arabia ($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 Canada (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Instruments Imports

Imports into Malaysia

In 2021, dental instruments imports into Malaysia rose sharply to X units, with an increase of 5.1% against the year before. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 66% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, dental instruments imports skyrocketed to $X in 2021. In general, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.2% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 42%. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of dental instruments to Malaysia, with a 36% share of total imports. Moreover, dental instruments imports from China exceeded the figures recorded by the second-largest supplier, Pakistan (X units), threefold. Japan (X units) ranked third in terms of total imports with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+9.4% per year) and Japan (+1.8% per year).

In value terms, the largest dental instruments suppliers to Malaysia were China ($X), Germany ($X) and Japan ($X), together accounting for 38% of total imports. Italy, the United States, Switzerland, Pakistan, South Korea, Hong Kong SAR, Denmark, Spain, Taiwan (Chinese) and the UK lagged somewhat behind, together comprising a further 50%.

Among the main suppliers, Denmark, with a CAGR of +35.0%, saw the highest growth rate of 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

The average dental instruments import price stood at $X per unit in 2021, with an increase of 11% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dental instruments import price increased by +19.4% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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