Pakistan: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Pakistan

In 2021, the Pakistani medical reconstruction cements market was finally on the rise to reach $X after two years of decline. In general, consumption, however, recorded a abrupt decrease. Medical reconstruction cements consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Medical Reconstruction Cements Exports

Exports from Pakistan

After two years of growth, overseas shipments of dental cements and bone reconstruction cements decreased by -79.2% to X kg in 2021. Overall, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of 2,315% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, medical reconstruction cements exports contracted markedly to $X in 2021. Over the period under review, exports saw a deep setback. The pace of growth was the most pronounced in 2014 when exports increased by 1,676%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X kg), Serbia (X kg) and the UK (X kg) were the main destinations of medical reconstruction cements exports from Pakistan, together comprising 75% of total exports. Chile, the United States and South Africa lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chile (with a CAGR of +22.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for medical reconstruction cements exported from Pakistan were Serbia ($X), the UK ($X) and the United Arab Emirates ($X), with a combined 72% share of total exports.

Among the main countries of destination, Serbia, with a CAGR of +18.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average medical reconstruction cements export price amounted to $X per ton, declining by -25% against the previous year. Overall, the export price, however, posted a slight increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 134% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+7.1%), while the prices for the other major destinations experienced mixed trend patterns.

Medical Reconstruction Cements Imports

Imports into Pakistan

In 2021, purchases abroad of dental cements and bone reconstruction cements was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2018 when imports increased by 32% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, medical reconstruction cements imports skyrocketed to $X in 2021. Over the period under review, imports, however, continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2014 with an increase of 34%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Switzerland (X tons), Japan (X tons) and Austria (X tons) were the main suppliers of medical reconstruction cements imports to Pakistan, together accounting for 34% of total imports.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +54.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Switzerland ($X) and Germany ($X) constituted the largest medical reconstruction cements suppliers to Pakistan, with a combined 33% share of total imports. Austria, Japan, Australia, France, the UK, China, the United States, Italy, South Korea and Singapore lagged somewhat behind, together comprising a further 50%.

Austria, with a CAGR of +49.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average medical reconstruction cements import price amounted to $X per ton, falling by -2.7% against the previous year. Over the last nine years, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 12%. As a result, import price attained the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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