Mexico: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Mexico

In 2021, the Mexican medical reconstruction cements market decreased by -16.2% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption, however, posted a prominent increase. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Medical Reconstruction Cements Production in Mexico

In value terms, medical reconstruction cements production declined to $X in 2021 estimated in export price. In general, production, however, recorded buoyant growth. The growth pace was the most rapid in 2013 when the production volume increased by 77%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Medical Reconstruction Cements Exports

Exports from Mexico

In 2021, shipments abroad of dental cements and bone reconstruction cements increased by 86% to X tons, rising for the third year in a row after four years of decline. In general, exports posted a moderate expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, medical reconstruction cements exports soared to $X in 2021. Overall, total exports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% 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 decreased by -8.2% against 2019 indices. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for medical reconstruction cements exports from Mexico, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled +4.4%.

In value terms, the United States ($X) also remains the key foreign market for dental cements and bone reconstruction cements exports from Mexico.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +5.2%.

Export Prices by Country

The average medical reconstruction cements export price stood at $X per ton in 2021, with a decrease of -26.3% against the previous year. In general, the export price, however, recorded slight growth. The growth pace was the most rapid in 2013 an increase of 65% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +0.8% per year.

Medical Reconstruction Cements Imports

Imports into Mexico

In 2021, the amount of dental cements and bone reconstruction cements imported into Mexico rose significantly to X tons, growing by 11% compared with 2020 figures. Overall, imports continue to indicate a notable expansion. The pace of growth was the most pronounced in 2019 when imports increased by 63% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, medical reconstruction cements imports surged to $X in 2021. In general, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +48.8% against 2018 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of medical reconstruction cements to Mexico, accounting for a 79% share of total imports. Moreover, medical reconstruction cements imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X tons), sixfold. The third position in this ranking was held by Italy (X tons), with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+1.6% per year) and Italy (+15.0% per year).

In value terms, the United States ($X) constituted the largest supplier of dental cements and bone reconstruction cements to Mexico, comprising 65% of total imports. The second position in the ranking was taken by Germany ($X), with a 21% share of total imports. It was followed by Italy, with a 3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.8% per year) and Italy (+15.0% per year).

Import Prices by Country

In 2021, the average medical reconstruction cements import price amounted to $X per ton, picking up by 31% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 46%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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