Saudi Arabia: Dental Fitting Market 2024

Dental Fitting Market Size in Saudi Arabia

The Saudi dental fitting market reduced markedly to $X in 2022, with a decrease of -24.8% 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). Over the period under review, consumption, however, continues to indicate a resilient expansion. Over the period under review, the market attained the peak level at $X in 2021, and then shrank sharply in the following year.

Dental Fitting Exports

Exports from Saudi Arabia

Dental fitting exports from Saudi Arabia declined significantly to X kg in 2022, with a decrease of -44.6% against 2021. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 833%. Over the period under review, the exports attained the peak figure at X kg in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, dental fitting exports declined remarkably to $X in 2022. In general, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 475% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

The Netherlands (X kg) was the main destination for dental fitting exports from Saudi Arabia, accounting for a 78% share of total exports. It was followed by Germany (X kg), with a 1.6% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at +47.4%.

In value terms, the Netherlands ($X) emerged as the key foreign market for dental fittings exports from Saudi Arabia, comprising 39% of total exports. The second position in the ranking was held by Germany ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled +63.6%.

Export Prices by Country

In 2022, the average dental fitting export price amounted to $X per ton, surging by 6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 70% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Fitting Imports

Imports into Saudi Arabia

In 2022, the amount of dental fittings imported into Saudi Arabia dropped rapidly to X tons, falling by -24.7% compared with the previous year. In general, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2018 when imports increased by 124% against the previous year. Imports peaked at X tons in 2021, and then declined dramatically in the following year.

In value terms, dental fitting imports declined rapidly to $X in 2022. Overall, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 110% against the previous year. As a result, imports reached the peak of $X, and then declined notably in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of dental fitting to Saudi Arabia, accounting for a 53% share of total imports. Moreover, dental fitting imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was held by Germany (X tons), with an 8.8% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +57.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+18.1% per year) and Germany (+17.5% per year).

In value terms, the largest dental fitting suppliers to Saudi Arabia were Germany ($X), the United States ($X) and the Netherlands ($X), with a combined 73% share of total imports.

Among the main suppliers, Germany, with a CAGR of +45.0%, recorded the highest rates of growth with regard to 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 dental fitting import price stood at $X per ton in 2021, with an increase of 5.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 50% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+43.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :