Portugal: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Portugal

The Portuguese medical reconstruction cements market shrank to $X in 2021, which is down by -2.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a relatively flat trend pattern. Medical reconstruction cements consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Medical Reconstruction Cements Exports

Exports from Portugal

In 2021, approx. X tons of dental cements and bone reconstruction cements were exported from Portugal; jumping by 33% against the previous year. In general, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 38% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, medical reconstruction cements exports skyrocketed to $X in 2021. Over the period under review, total exports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +2.6% 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 -20.7% against 2018 indices. The pace of growth was the most pronounced in 2014 when exports increased by 61%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Angola (X tons), Spain (X kg) and Cabo Verde (X kg) were the main destinations of medical reconstruction cements exports from Portugal, together accounting for 67% of total exports. These countries were followed by the Netherlands, Brazil, Mozambique, the United States, Congo, Vietnam and Sao Tome and Principe, which together accounted for a further 21%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +91.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for medical reconstruction cements exported from Portugal were Spain ($X), Angola ($X) and Brazil ($X), with a combined 42% share of total exports. The Netherlands, the United States, Vietnam, Cabo Verde, Mozambique, Sao Tome and Principe and Congo lagged somewhat behind, together accounting for a further 21%.

Among the main countries of destination, the United States, with a CAGR of +161.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average medical reconstruction cements export price amounted to $X per ton, waning by -8.9% against the previous year. Overall, the export price recorded a deep setback. The pace of growth was the most pronounced in 2016 an increase of 34%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Congo ($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 Brazil (+26.9%), while the prices for the other major destinations experienced mixed trend patterns.

Medical Reconstruction Cements Imports

Imports into Portugal

After two years of decline, overseas purchases of dental cements and bone reconstruction cements increased by 7.2% to X tons in 2021. In general, imports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2016 when imports increased by 17% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, medical reconstruction cements imports dropped slightly to $X in 2021. The total import value increased at an average annual rate of +2.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 28%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X tons) constituted the largest supplier of medical reconstruction cements to Portugal, with a 65% share of total imports. Moreover, medical reconstruction cements imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was held by the Netherlands (X tons), with a 9.4% share.

From 2012 to 2021, the average annual growth rate of volume from Spain totaled -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.7% per year) and the Netherlands (+8.1% per year).

In value terms, the largest medical reconstruction cements suppliers to Portugal were Spain ($X), Germany ($X) and the Netherlands ($X), together comprising 88% of total imports. Italy and the UK lagged somewhat behind, together accounting for a further 3.8%.

The UK, with a CAGR of +10.3%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average medical reconstruction cements import price stood at $X per ton in 2021, waning by -9.6% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +8.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, medical reconstruction cements import price increased by +32.8% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 38% against the previous year. The import price peaked at $X per ton in 2020, and then reduced in the following year.

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 Germany ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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