MERCOSUR: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in MERCOSUR

In 2021, the MERCOSUR medical reconstruction cements market increased by 2.1% to $X, rising for the third consecutive year after four years of decline. Overall, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Medical Reconstruction Cements Production in MERCOSUR

In value terms, medical reconstruction cements production declined slightly to $X in 2021 estimated in export price. Overall, production saw a modest increase. The pace of growth was the most pronounced in 2019 with an increase of 72%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Medical Reconstruction Cements Exports

Exports in MERCOSUR

In 2021, overseas shipments of dental cements and bone reconstruction cements increased by 59% to X tons, rising for the second year in a row after two years of decline. Total exports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +90.9% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, medical reconstruction cements exports skyrocketed to $X in 2021. Total exports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Argentina (X tons) and Brazil (X tons) represented the largest exporters of dental cements and bone reconstruction cements in MERCOSUR, together resulting at approx. 89% of total exports. It was distantly followed by Colombia (X tons), mixing up a 10% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Argentina (with a CAGR of +9.0%), while the other leaders experienced a decline in the exports figures.

In value terms, Brazil ($X) remains the largest medical reconstruction cements supplier in MERCOSUR, comprising 67% of total exports. The second position in the ranking was held by Argentina ($X), with a 27% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil amounted to +3.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (+9.2% per year) and Colombia (-2.7% per year).

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, rising by 6.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2019 when the export price increased by 34%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+4.0%), while the other leaders experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports in MERCOSUR

In 2021, overseas purchases of dental cements and bone reconstruction cements were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a slight decrease. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, medical reconstruction cements imports surged to $X in 2021. The total import value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Brazil (X tons) and Chile (X tons) represented roughly 50% of total imports in 2021. Colombia (X tons) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Ecuador (12%), Peru (12%) and Argentina (8.5%). Paraguay (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Chile (with a CAGR of +6.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medical reconstruction cements importing markets in MERCOSUR were Brazil ($X), Colombia ($X) and Chile ($X), with a combined 70% share of total imports.

In terms of the main importing countries, Chile, with a CAGR of +10.4%, recorded 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

In 2021, the import price in MERCOSUR amounted to $X per ton, rising by 3.5% against the previous year. Over the last nine years, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2017 when the import price increased by 13%. The level of import peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Colombia ($X per ton), while Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+5.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform