Russian Federation: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in the Russian Federation

The Russian medical reconstruction cements market expanded significantly to $X in 2021, rising by 5.2% 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). The market value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Medical Reconstruction Cements Exports

Exports from the Russian Federation

In 2021, exports of dental cements and bone reconstruction cements from Russia surged to X tons, jumping by 52% against the previous year's figure. Over the period under review, exports posted buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, medical reconstruction cements exports skyrocketed to $X in 2021. In general, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of 62% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Belarus (X tons), Ukraine (X tons) and Uzbekistan (X tons) were the main destinations of medical reconstruction cements exports from Russia, together comprising 54% of total exports. Tajikistan, Kazakhstan, Azerbaijan, Kyrgyzstan, the United Arab Emirates, Turkey, Israel, Afghanistan and Moldova lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +281.4%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Ukraine ($X) and Kazakhstan ($X) constituted the largest markets for medical reconstruction cements exported from Russia worldwide, together comprising 60% of total exports. Uzbekistan, Turkey, Tajikistan, Kyrgyzstan, the United Arab Emirates, Azerbaijan, Israel, Moldova and Afghanistan lagged somewhat behind, together comprising a further 21%.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of +214.3%, recorded the highest rates of growth with regard to 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

The average medical reconstruction cements export price stood at $X per ton in 2021, which is down by -5.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.1%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 46%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

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 Turkey ($X per ton), while the average price for exports to Afghanistan ($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 Turkey (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports into the Russian Federation

In 2021, the amount of dental cements and bone reconstruction cements imported into Russia rose markedly to X tons, increasing by 13% compared with the year before. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 21% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, medical reconstruction cements imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +74.7% against 2015 indices. The pace of growth appeared the most rapid in 2017 with an increase of 24% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

The United States (X tons), Germany (X tons) and South Korea (X tons) were the main suppliers of medical reconstruction cements imports to Russia, with a combined 47% share of total imports. These countries were followed by Japan, France, Italy, Switzerland and the Czech Republic, which together accounted for a further 36%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +10.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medical reconstruction cements suppliers to Russia were the United States ($X), Germany ($X) and Japan ($X), with a combined 60% share of total imports. These countries were followed by Switzerland, South Korea, France, Italy and the Czech Republic, which together accounted for a further 28%.

South Korea, with a CAGR of +20.7%, saw 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

In 2021, the average medical reconstruction cements import price amounted to $X per ton, with an increase of 6.3% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +6.3% 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 +72.9% against 2012 indices. The most prominent rate of growth was recorded in 2013 an increase of 16%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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