Pakistan: Dental Fitting Market 2024

Dental Fitting Market Size in Pakistan

The Pakistani dental fitting market expanded rapidly to $X in 2022, surging by 5.3% against the previous year. In general, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -25.1% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Dental Fitting Production in Pakistan

In value terms, dental fitting production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production showed a buoyant expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by 66%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Dental Fitting Exports

Exports from Pakistan

In 2022, shipments abroad of dental fittings increased by 51% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 5,108%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, dental fitting exports skyrocketed to $X in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 3,810%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

South Korea (X tons) and Fiji (X kg) were the main destinations of dental fitting exports from Pakistan.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +115.5%).

In value terms, the largest markets for dental fitting exported from Pakistan were South Korea ($X) and Fiji ($X).

Among the main countries of destination, Fiji, with a CAGR of +117.7%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average dental fitting export price stood at $X per kg in 2022, declining by -19.5% against the previous year. Overall, the export price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2018 an increase of 216% against the previous year. As a result, the export price reached the peak level of $X per kg. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($X per kg), while the average price for exports to South Korea stood at $X per kg.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.9%), while the prices for the other major destinations experienced a decline.

Dental Fitting Imports

Imports into Pakistan

Dental fitting imports into Pakistan fell dramatically to X kg in 2022, shrinking by -43.2% on 2021. In general, imports continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2017 when imports increased by 373% against the previous year. As a result, imports attained the peak of X kg. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, dental fitting imports contracted to $X in 2022. Overall, imports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2017 with an increase of 314% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X kg) constituted the largest dental fitting supplier to Pakistan, with a 88% share of total imports. Moreover, dental fitting imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the United States (X kg), more than tenfold. The third position in this ranking was held by Germany (X kg), with a 2.4% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-23.6% per year) and Germany (-19.7% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of dental fittings to Pakistan, comprising 62% of total imports. The second position in the ranking was held by the United States ($X), with a 22% share of total imports. It was followed by Germany, with a 6% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates stood at +120.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-12.6% per year) and Germany (-9.8% per year).

Import Prices by Country

The average dental fitting import price stood at $X per kg in 2022, jumping by 67% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. Over the period under review, average import prices attained the maximum at $X per kg in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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