Saudi Arabia: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Saudi Arabia

The Saudi medical reconstruction cements market surged to $X in 2021, picking up by 51% 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). In general, the total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -8.8% against 2019 indices. Medical reconstruction cements consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Medical Reconstruction Cements Exports

Exports from Saudi Arabia

In 2021, overseas shipments of dental cements and bone reconstruction cements increased by 862% to X kg for the first time since 2014, thus ending a six-year declining trend. Overall, exports, however, continue to indicate a abrupt downturn. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, medical reconstruction cements exports soared to $X in 2021. Over the period under review, exports, however, showed a deep slump. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X kg) and the United Arab Emirates (X kg) were the main destinations of medical reconstruction cements exports from Saudi Arabia.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of 0.0%).

In value terms, the United Arab Emirates ($X) and Belgium ($X) were the largest markets for medical reconstruction cements exported from Saudi Arabia worldwide.

The United Arab Emirates, with a CAGR of 0.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average medical reconstruction cements export price stood at $X per ton in 2021, picking up by 23% against the previous year. Overall, the export price saw resilient growth. The growth pace was the most rapid in 2020 when the average export price increased by 73% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.

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 Arab Emirates ($X per ton), while the average price for exports to Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+2,616.3%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports into Saudi Arabia

In 2021, the amount of dental cements and bone reconstruction cements imported into Saudi Arabia soared to X tons, growing by 39% compared with 2020. In general, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +2.8% 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 decreased by -21.6% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of 54% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, medical reconstruction cements imports soared to $X in 2021. Over the period under review, total imports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), the United States (X tons) and Switzerland (X tons) were the main suppliers of medical reconstruction cements imports to Saudi Arabia, together comprising 60% of total imports. These countries were followed by South Korea, Australia, France, China, the UK and Italy, which together accounted for a further 34%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Australia (with a CAGR of +28.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medical reconstruction cements suppliers to Saudi Arabia were Germany ($X), the United States ($X) and Switzerland ($X), with a combined 67% share of total imports. South Korea, Australia, France, Italy, China and the UK lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, Australia, with a CAGR of +24.2%, recorded the highest growth rate of the value of imports, 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, surging by 17% against the previous year. Overall, the import price, however, showed a slight decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by 75%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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