Portugal: Dental Instruments Market 2024

Dental Instruments Market Size in Portugal

In 2021, the Portuguese dental instruments market increased by 77% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption recorded a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Dental Instruments Production in Portugal

In value terms, dental instruments production soared to $X in 2021 estimated in export price. Over the period under review, production showed a significant increase. The growth pace was the most rapid in 2018 when the production volume increased by 178% against the previous year. Dental instruments production peaked in 2021 and is likely to see steady growth in the immediate term.

Dental Instruments Exports

Exports from Portugal

In 2021, approx. X units of instruments for dental sciences were exported from Portugal; with an increase of 27% compared with the previous year. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 112%. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, dental instruments exports soared to $X in 2021. Overall, exports posted a remarkable increase. The growth pace was the most rapid in 2016 when exports increased by 46%. The exports peaked at $X in 2018; afterwards, it flattened through to 2021.

Exports by Country

Spain (X units) was the main destination for dental instruments exports from Portugal, accounting for a 82% share of total exports. Moreover, dental instruments exports to Spain exceeded the volume sent to the second major destination, Brazil (X units), ninefold. France (X units) ranked third in terms of total exports with a 2.3% share.

From 2012 to 2021, the average annual growth rate of volume to Spain totaled +40.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+73.7% per year) and France (+16.6% per year).

In value terms, Spain ($X) remains the key foreign market for instruments for dental sciences exports from Portugal, comprising 82% of total exports. The second position in the ranking was held by Brazil ($X), with a 7% share of total exports. It was followed by Angola, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value to Spain totaled +17.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+67.1% per year) and Angola (-21.3% per year).

Export Prices by Country

In 2021, the average dental instruments export price amounted to $X per unit, with an increase of 4.9% against the previous year. In general, the export price, however, showed a deep downturn. The growth pace was the most rapid in 2020 an increase of 24%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Angola ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+2.1%), while the prices for the other major destinations experienced a decline.

Dental Instruments Imports

Imports into Portugal

In 2021, overseas purchases of instruments for dental sciences were finally on the rise to reach X units after two years of decline. Overall, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 62%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, dental instruments imports soared to $X in 2021. In general, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Spain (X units) constituted the largest supplier of dental instruments to Portugal, with a 54% share of total imports. Moreover, dental instruments imports from Spain exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Italy (X units) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.9% per year) and Italy (+6.5% per year).

In value terms, Spain ($X) constituted the largest supplier of instruments for dental sciences to Portugal, comprising 60% of total imports. The second position in the ranking was taken by Germany ($X), with an 11% share of total imports. It was followed by France, with a 7.1% share.

From 2012 to 2021, the average annual growth rate of value from Spain stood at +14.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.1% per year) and France (+36.5% per year).

Import Prices by Country

In 2021, the average dental instruments import price amounted to $X per unit, picking up by 18% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dental instruments import price increased by +33.4% against 2017 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 35% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was France ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+19.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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