MERCOSUR: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in MERCOSUR

The MERCOSUR dental drill engine market surged to $X in 2021, picking up by 16% against the previous year. Overall, consumption, however, showed a noticeable contraction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Dental Drill Engine Production in MERCOSUR

In value terms, dental drill engine production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, saw a deep reduction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 18% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Dental Drill Engine Exports

Exports in MERCOSUR

In 2021, after two years of decline, there was significant growth in shipments abroad of dental drill engines, when their volume increased by 73% to X tons. Overall, exports, however, saw a abrupt curtailment. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, dental drill engine exports declined markedly to $X in 2021. In general, exports, however, faced a dramatic setback. The most prominent rate of growth was recorded in 2017 when exports increased by 6.5% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Argentina (X tons) represented the largest exporter of dental drill engines, creating 73% of total exports. It was distantly followed by Brazil (X tons), creating a 26% share of total exports.

Argentina was also the fastest-growing in terms of the dental drill engines exports, with a CAGR of -10.4% from 2012 to 2021. Brazil (-15.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Argentina increased by +10 percentage points.

In value terms, the largest dental drill engine supplying countries in MERCOSUR were Argentina ($X) and Brazil ($X).

In terms of the main exporting countries, Argentina, with a CAGR of -10.4%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in MERCOSUR amounted to $X per ton, falling by -62.1% against the previous year. Overall, the export price continues to indicate a deep reduction. The growth pace was the most rapid in 2015 an increase of 49% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Brazil ($X per ton), while Argentina totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (-0.0%).

Dental Drill Engine Imports

Imports in MERCOSUR

In 2021, supplies from abroad of dental drill engines increased by 107% to X tons, rising for the second consecutive year after two years of decline. Overall, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dental drill engine imports surged to $X in 2021. Total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Argentina prevails in imports structure, resulting at X tons, which was approx. 78% of total imports in 2021. Brazil (X tons) ranks second in terms of the total imports with a 9.3% share, followed by Chile (7.9%). Peru (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to dental drill engine imports into Argentina stood at +8.5%. At the same time, Brazil (+25.2%), Chile (+15.3%) and Peru (+13.6%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +25.2% from 2012-2021. While the share of Argentina (+9 p.p.), Brazil (+7 p.p.) and Chile (+3.8 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest dental drill engine importing markets in MERCOSUR were Brazil ($X), Argentina ($X) and Chile ($X), with a combined 89% share of total imports.

Among the main importing countries, Brazil, with a CAGR of +12.5%, 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 2021, the import price in MERCOSUR amounted to $X per ton, reducing by -14.5% against the previous year. In general, the import price recorded a pronounced contraction. The pace of growth appeared the most rapid in 2018 an increase of 26% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (-3.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform