Scandinavia: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Scandinavia

The Scandinavia medical reconstruction cements market skyrocketed to $X in 2021, jumping by 41% against the previous year. The total consumption indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +2.1% 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 +92.8% against 2018 indices. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Medical Reconstruction Cements Production in Scandinavia

In value terms, medical reconstruction cements production surged to $X in 2021 estimated in export price. Overall, production enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2019 with an increase of 240%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Medical Reconstruction Cements Exports

Exports in Scandinavia

In 2021, after three years of decline, there was significant growth in overseas shipments of dental cements and bone reconstruction cements, when their volume increased by 6.2% to X tons. In general, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by 18%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, medical reconstruction cements exports surged to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden was the largest exporter of dental cements and bone reconstruction cements in Scandinavia, with the volume of exports finishing at X tons, which was approx. 72% of total exports in 2021. Finland (X tons) held the second position in the ranking, distantly followed by Denmark (X tons). All these countries together took near 27% share of total exports.

Exports from Sweden decreased at an average annual rate of -5.9% from 2012 to 2021. At the same time, Finland (+1.5%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +1.5% from 2012-2021. By contrast, Denmark (-3.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Finland and Denmark increased by +8.7 and +1.6 percentage points, respectively.

In value terms, Sweden ($X) remains the largest medical reconstruction cements supplier in Scandinavia, comprising 69% of total exports. The second position in the ranking was taken by Finland ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Sweden was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (+2.2% per year) and Denmark (-3.5% per year).

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, surging by 14% against the previous year. In general, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2019 an increase of 40%. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+6.6%), while the other leaders experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports in Scandinavia

After three years of decline, overseas purchases of dental cements and bone reconstruction cements increased by 24% to X tons in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, medical reconstruction cements imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat 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

The purchases of the four major importers of dental cements and bone reconstruction cements, namely Sweden, Norway, Denmark and Finland, represented more than two-thirds of total import. Iceland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Denmark (with a CAGR of +4.0%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Sweden ($X), Denmark ($X) and Finland ($X) were the countries with the highest levels of imports in 2021, with a combined 81% share of total imports.

Among the main importing countries, Denmark, with a CAGR of +6.0%, saw 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

In 2021, the import price in Scandinavia amounted to $X per ton, surging by 13% against the previous year. Over the last nine years, it increased at an average annual rate of +1.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Finland ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+4.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform