Russian Federation: Dental Instruments Market 2024

Dental Instruments Market Size in the Russian Federation

For the third consecutive year, the Russian dental instruments market recorded growth in sales value, which increased by 24% to $X in 2021. Overall, the total consumption indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +88.8% against 2016 indices. Over the period under review, the market reached the maximum level in 2021 and is likely to see steady growth in the immediate term.

Dental Instruments Production in the Russian Federation

In value terms, dental instruments production reduced to $X in 2021 estimated in export price. In general, production showed a abrupt slump. The most prominent rate of growth was recorded in 2015 when the production volume increased by 85% against the previous year. Dental instruments production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Dental Instruments Exports

Exports from the Russian Federation

In 2021, overseas shipments of instruments for dental sciences increased by 50% to X units, rising for the fifth consecutive year after two years of decline. Over the period under review, exports posted a prominent increase. The most prominent rate of growth was recorded in 2019 with an increase of 65% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, dental instruments exports soared to $X in 2021. Overall, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X units), Ukraine (X units) and Germany (X units) were the main destinations of dental instruments exports from Russia, with a combined 41% share of total exports. Turkey, Kazakhstan, Egypt, Poland, the UK, Belarus, Azerbaijan, Uzbekistan, the United States and Saudi Arabia lagged somewhat behind, together comprising a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Egypt (with a CAGR of +92.8%), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Ukraine ($X) and Kazakhstan ($X) appeared to be the largest markets for dental instruments exported from Russia worldwide, with a combined 39% share of total exports. These countries were followed by Germany, Poland, Egypt, Turkey, China, the UK, the United States, Uzbekistan, Azerbaijan and Saudi Arabia, which together accounted for a further 33%.

China, with a CAGR of +77.4%, 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 dental instruments export price stood at $X per unit in 2021, with a decrease of -3.3% against the previous year. Overall, the export price showed a mild decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 40% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Belarus ($X per unit), while the average price for exports to China ($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 Saudi Arabia (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Instruments Imports

Imports into the Russian Federation

In 2021, purchases abroad of instruments for dental sciences increased by 15% to X units, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when imports increased by 42%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, dental instruments imports surged to $X in 2021. Overall, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% 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 +129.5% against 2015 indices. The most prominent rate of growth was recorded in 2017 with an increase of 40%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Germany (X units), Switzerland (X units) and the United States (X units) were the main suppliers of dental instruments imports to Russia, with a combined 75% share of total imports. These countries were followed by China, Italy, Pakistan, the UK, Japan and Vietnam, which together accounted for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +19.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Germany ($X) and Japan ($X) were the largest dental instruments suppliers to Russia, with a combined 51% share of total imports. These countries were followed by China, the United States, Italy, Vietnam, the UK and Pakistan, which together accounted for a further 22%.

China, with a CAGR of +15.3%, recorded 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

In 2021, the average dental instruments import price amounted to $X per unit, rising by 17% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 24%. Over the period under review, average import prices hit record highs 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 Japan ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+37.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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