MERCOSUR: Dental Instruments Market 2024

Dental Instruments Market Size in MERCOSUR

The MERCOSUR dental instruments market soared to $X in 2021, rising by 16% against the previous year. The market value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2021.

Dental Instruments Production in MERCOSUR

In value terms, dental instruments production rose slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 31%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Dental Instruments Exports

Exports in MERCOSUR

In 2021, approx. X units of instruments for dental sciences were exported in MERCOSUR; surging by 15% compared with 2020. Over the period under review, exports showed resilient growth. The growth pace was the most rapid in 2017 when exports increased by 78%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, dental instruments exports expanded sharply to $X in 2021. In general, exports recorded a relatively flat trend pattern. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil prevails in exports structure, recording X units, which was approx. 96% of total exports in 2021. Colombia (X units) followed a long way behind the leaders.

Brazil was also the fastest-growing in terms of the instruments for dental sciences exports, with a CAGR of +11.4% from 2012 to 2021. At the same time, Colombia (+2.4%) displayed positive paces of growth. From 2012 to 2021, the share of Brazil increased by +6.7 percentage points.

In value terms, Brazil ($X) remains the largest dental instruments supplier in MERCOSUR, comprising 96% of total exports. The second position in the ranking was taken by Colombia ($X), with a 1.9% share of total exports.

In Brazil, dental instruments exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2021, leveling off at the previous year. Over the period under review, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 38% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Brazil ($X per unit), while Colombia amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+0.4%).

Dental Instruments Imports

Imports in MERCOSUR

In 2021, approx. X units of instruments for dental sciences were imported in MERCOSUR; growing by 79% on the previous year. Total imports indicated a pronounced increase from 2012 to 2021: its volume 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, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, dental instruments imports surged to $X in 2021. Total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, 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 represented the key importing country with an import of about X units, which recorded 40% of total imports. Colombia (X units) took the second position in the ranking, followed by Chile (X units) and Peru (X units). All these countries together took near 48% share of total imports. The following importers - Paraguay (X units), Argentina (X units) and Ecuador (X units) - together made up 8.9% of total imports.

Imports into Brazil increased at an average annual rate of +5.6% from 2012 to 2021. At the same time, Chile (+12.0%), Colombia (+5.7%) and Peru (+5.2%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +12.0% from 2012-2021. Paraguay and Argentina experienced a relatively flat trend pattern. By contrast, Ecuador (-9.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Chile, Brazil and Colombia increased by +7.2, +4.5 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported instruments for dental sciences in MERCOSUR, comprising 45% of total imports. The second position in the ranking was held by Chile ($X), with a 21% share of total imports. It was followed by Colombia, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Brazil amounted to +11.9%. In the other countries, the average annual rates were as follows: Chile (+5.7% per year) and Colombia (+5.7% per year).

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per unit, surging by 3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2017 an increase of 11%. Over the period under review, import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ecuador (+14.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform