MENA: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in MENA

The MENA's medical reconstruction cements market surged to $X in 2021, picking up by 23% against the previous year. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Medical Reconstruction Cements Production in MENA

In value terms, medical reconstruction cements production fell to $X in 2021 estimated in export price. The total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +69.6% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of 47% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then declined in the following year.

Medical Reconstruction Cements Exports

Exports in MENA

In 2021, shipments abroad of dental cements and bone reconstruction cements was finally on the rise to reach X tons after two years of decline. Total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 44% against the previous year. 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, medical reconstruction cements exports surged to $X in 2021. Total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +9.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of export peaked at $X in 2018; afterwards, it flattened through to 2021.

Exports by Country

Turkey was the main exporting country with an export of about X tons, which finished at 54% of total exports. Israel (X tons) ranks second in terms of the total exports with a 35% share, followed by the United Arab Emirates (9.8%).

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +37.5%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Israel ($X) remains the largest medical reconstruction cements supplier in MENA, comprising 70% of total exports. The second position in the ranking was taken by Turkey ($X), with a 22% share of total exports.

In Israel, medical reconstruction cements exports increased at an average annual rate of +6.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Turkey (+34.7% per year) and the United Arab Emirates (+5.0% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2021, increasing by 5.1% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by 21%. Over the period under review, the export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Israel ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+8.3%), while the other leaders experienced a decline in the export price figures.

Medical Reconstruction Cements Imports

Imports in MENA

In 2021, approx. X tons of dental cements and bone reconstruction cements were imported in MENA; jumping by 46% compared with 2020 figures. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 67%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, medical reconstruction cements imports surged to $X in 2021. Total imports indicated buoyant 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United Arab Emirates (X tons), Turkey (X tons) and Saudi Arabia (X tons) represented the main importer of dental cements and bone reconstruction cements in MENA, comprising 51% of total import. It was distantly followed by Iran (X tons), Iraq (X tons), Algeria (X tons) and Israel (X tons), together committing a 26% share of total imports. Oman (X tons), Egypt (X tons), Libya (X tons), Morocco (X tons), Kuwait (X tons) and Syrian Arab Republic (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Oman (with a CAGR of +26.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 49% of total imports. These countries were followed by Israel, Iran, Egypt, Iraq, Algeria, Kuwait, Libya, Morocco, Oman and Syrian Arab Republic, which together accounted for a further 44%.

Iraq, with a CAGR of +21.2%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in MENA amounted to $X per ton, with an increase of 12% against the previous year. Import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, medical reconstruction cements import price increased by +109.2% against 2019 indices. The growth pace was the most rapid in 2020 when the import price increased by 87% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Egypt ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+34.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform