Romania: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Romania

In 2021, the Romanian medical reconstruction cements market was finally on the rise to reach $X after two years of decline. Overall, consumption recorded buoyant growth. Medical reconstruction cements consumption peaked in 2021 and is expected to retain growth in the near future.

Medical Reconstruction Cements Production in Romania

In value terms, medical reconstruction cements production contracted to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when the production volume increased by 1.9% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Medical Reconstruction Cements Exports

Exports from Romania

In 2021, overseas shipments of dental cements and bone reconstruction cements decreased by -18.7% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by 842% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020, and then dropped markedly in the following year.

In value terms, medical reconstruction cements exports fell modestly to $X in 2021. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 423% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then fell slightly in the following year.

Exports by Country

Germany (X tons) was the main destination for medical reconstruction cements exports from Romania, with a 75% share of total exports. Moreover, medical reconstruction cements exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold. The third position in this ranking was taken by Bulgaria (X tons), with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +247.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+24.5% per year) and Bulgaria (+66.8% per year).

In value terms, the largest markets for medical reconstruction cements exported from Romania were Germany ($X), the United States ($X) and Bulgaria ($X), together comprising 75% of total exports.

Germany, with a CAGR of +192.8%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average medical reconstruction cements export price stood at $X per ton in 2021, with an increase of 19% against the previous year. In general, the export price, however, faced a deep downturn. The pace of growth appeared the most rapid in 2013 when the average export price increased by 42%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 Bulgaria (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.

Medical Reconstruction Cements Imports

Imports into Romania

In 2021, medical reconstruction cements imports into Romania soared to X tons, rising by 72% on 2020 figures. Overall, total imports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.2% against 2019 indices. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, medical reconstruction cements imports surged to $X in 2021. In general, imports showed buoyant growth. The growth pace was the most rapid in 2015 with an increase of 56%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of medical reconstruction cements to Romania, accounting for a 51% share of total imports. Moreover, medical reconstruction cements imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), fourfold. The Netherlands (X tons) ranked third in terms of total imports with a 7.8% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-0.4% per year) and the Netherlands (+31.8% per year).

In value terms, Germany ($X), Belgium ($X) and the Netherlands ($X) were the largest medical reconstruction cements suppliers to Romania, with a combined 71% share of total imports.

The Netherlands, with a CAGR of +40.3%, 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

The average medical reconstruction cements import price stood at $X per ton in 2021, shrinking by -17% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine years. 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 +27.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 53%. As a result, import price attained the peak level of $X per ton, and then shrank markedly 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 Belgium ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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