Middle East: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in the Middle East

The Middle Eastern medical reconstruction cements market soared to $X in 2021, surging by 19% against the previous year. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the immediate term.

Medical Reconstruction Cements Production in the Middle East

In value terms, medical reconstruction cements production fell to $X in 2021 estimated in export price. The total production indicated a temperate increase 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 attained the peak level at $X in 2020, and then shrank in the following year.

Medical Reconstruction Cements Exports

Exports in the Middle East

In 2021, overseas shipments 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. Total exports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 44% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, medical reconstruction cements exports skyrocketed to $X in 2021. Total exports indicated a strong 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; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Turkey (X tons) was the main exporter of dental cements and bone reconstruction cements, generating 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 (9.9%).

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 ($X) remains the largest medical reconstruction cements supplier in the Middle East, comprising 71% of total exports. The second position in the ranking was held by Turkey ($X), with a 23% share of total exports.

In Israel, medical reconstruction cements exports expanded 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

In 2021, the export price in the Middle East amounted to $X per ton, growing by 4.7% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 21% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a 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 the Middle East

In 2021, approx. X tons of dental cements and bone reconstruction cements were imported in the Middle East; increasing by 47% on the previous year's figure. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, medical reconstruction cements 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 +4.6% 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

The countries with the highest levels of medical reconstruction cements imports in 2021 were the United Arab Emirates (X tons), Turkey (X tons) and Saudi Arabia (X tons), together amounting to 61% of total import. Iran (X tons) ranks next in terms of the total imports with a 9.5% share, followed by Iraq (8.7%) and Israel (5.8%). Oman (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Oman (with a CAGR of +26.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Saudi Arabia ($X) were the countries with the highest levels of imports in 2021, together comprising 59% of total imports. Israel, Iran, Iraq and Oman lagged somewhat behind, together accounting for a further 28%.

In terms of the main importing countries, Iraq, with a CAGR of +21.2%, 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 the Middle East amounted to $X per ton, growing by 9% against the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2014 an increase of 13%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Israel (+5.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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