Republic of Korea: Dental Hygiene Preparations Market 2024

Dental Hygiene Preparations Market Size in Republic of Korea

In 2022, the South Korean dental hygiene preparations market decreased by X% to $X, falling for the fourth year in a row after two years of growth. In general, consumption showed a noticeable expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Dental Hygiene Preparations Production in Republic of Korea

In value terms, dental hygiene preparations production shrank slightly to $X in 2022 estimated in export price. Overall, production recorded a slight slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Dental Hygiene Preparations Exports

Exports from Republic of Korea

Dental hygiene preparations exports from South Korea reached X tons in 2022, with an increase of X% against the year before. Over the period under review, exports showed a prominent increase. The pace of growth was the most pronounced in 2016 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, dental hygiene preparations exports fell modestly to $X in 2022. In general, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced slightly in the following year.

Exports by Country

Vietnam (X tons) was the main destination for dental hygiene preparations exports from South Korea, accounting for a X% share of total exports. Moreover, dental hygiene preparations exports to Vietnam exceeded the volume sent to the second major destination, Japan (X tons), threefold. The third position in this ranking was taken by China (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and China (X% per year).

In value terms, Japan ($X) remains the key foreign market for preparations for oral or dental hygiene exports from South Korea, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with an X% share of total exports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and China (X% per year).

Export Prices by Country

The average dental hygiene preparations export price stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the export price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Hygiene Preparations Imports

Imports into Republic of Korea

Dental hygiene preparations imports into South Korea expanded remarkably to X tons in 2022, picking up by X% on the year before. Over the period under review, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, dental hygiene preparations imports expanded sharply to $X in 2022. In general, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Thailand (X tons) constituted the largest supplier of dental hygiene preparations to South Korea, accounting for a X% share of total imports. Moreover, dental hygiene preparations imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Thailand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, Thailand ($X) constituted the largest supplier of preparations for oral or dental hygiene to South Korea, comprising X% of total imports. The second position in the ranking was taken by Ireland ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Thailand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (X% per year) and the United States (X% per year).

Import Prices by Country

The average dental hygiene preparations import price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 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 Ireland ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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