Middle East: Dental Fitting Market 2024

Dental Fitting Market Size in the Middle East

The Middle Eastern dental fitting market reduced markedly to $X in 2022, falling by -38.4% against the previous year. Overall, consumption, however, continues to indicate a prominent expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Dental Fitting Production in the Middle East

In value terms, dental fitting production fell to $X in 2022 estimated in export price. In general, production, however, saw a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 58% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Dental Fitting Exports

Exports in the Middle East

In 2022, overseas shipments of dental fittings increased by 16% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 117% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, dental fitting exports declined to $X in 2022. Over the period under review, exports showed a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of 55% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced modestly in the following year.

Exports by Country

The shipments of the three major exporters of dental fittings, namely Israel, Turkey and the United Arab Emirates, represented more than two-thirds of total export. It was distantly followed by Oman (X tons), generating a 5.5% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Oman (with a CAGR of +57.3%), while the other leaders experienced more modest paces of growth.

In value terms, Israel ($X) remains the largest dental fitting supplier in the Middle East, comprising 72% of total exports. The second position in the ranking was held by Turkey ($X), with a 13% share of total exports. It was followed by the United Arab Emirates, with an 8.4% share.

In Israel, dental fitting exports expanded at an average annual rate of +11.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Turkey (+27.4% per year) and the United Arab Emirates (+33.9% per year).

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per kg, reducing by -16.1% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when the export price increased by 46% against the previous year. The level of export peaked at $X per kg in 2013; however, from 2014 to 2022, 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 ($X per kg), while the United Arab Emirates ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+1.1%), while the other leaders experienced a decline in the export price figures.

Dental Fitting Imports

Imports in the Middle East

Dental fitting imports reached X tons in 2022, surging by 7.1% against the previous year's figure. Over the period under review, imports recorded a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 37%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, dental fitting imports expanded rapidly to $X in 2022. Overall, imports saw resilient growth. The pace of growth appeared the most rapid in 2017 when imports increased by 22%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Turkey was the key importer of dental fittings in the Middle East, with the volume of imports amounting to X tons, which was near 39% of total imports in 2022. Saudi Arabia (X tons) held the second position in the ranking, distantly followed by Iran (X tons), the United Arab Emirates (X tons) and Iraq (X tons). All these countries together took approx. 48% share of total imports. The following importers - Israel (X tons) and Oman (X tons) - together made up 5.6% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iraq (with a CAGR of +36.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Iran ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined 74% share of total imports. Saudi Arabia, Israel, Iraq and Oman lagged somewhat behind, together comprising a further 16%.

Among the main importing countries, Oman, with a CAGR of +42.9%, saw 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 2022, the import price in the Middle East amounted to $X per ton, rising by 6.5% against the previous year. In general, the import price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 16%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Iran ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+9.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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