South Africa: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in South Africa

For the third consecutive year, the South African dental drill engine market recorded growth in sales value, which increased by 10% to $X in 2021. Overall, consumption, however, recorded a relatively flat trend pattern. Dental drill engine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Dental Drill Engine Production in South Africa

In value terms, dental drill engine production declined to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 12% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then declined modestly in the following year.

Dental Drill Engine Exports

Exports from South Africa

In 2021, the amount of dental drill engines exported from South Africa reduced markedly to X tons, waning by -54.5% on the year before. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 with an increase of 55%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, dental drill engine exports contracted dramatically to $X in 2021. Overall, exports recorded a perceptible slump. The growth pace was the most rapid in 2015 when exports increased by 88%. The exports peaked at $X in 2020, and then declined significantly in the following year.

Exports by Country

Namibia (X tons), Switzerland (X tons) and Swaziland (X tons) were the main destinations of dental drill engine exports from South Africa, with a combined 88% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +1,763.9%), while the other leaders experienced a decline.

In value terms, Namibia ($X), Switzerland ($X) and Swaziland ($X) were the largest markets for dental drill engine exported from South Africa worldwide, together accounting for 87% of total exports.

In terms of the main countries of destination, Switzerland, with a CAGR of +1,264.5%, 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 a decline.

Export Prices by Country

The average dental drill engine export price stood at $X per ton in 2021, reducing by -6.9% against the previous year. Overall, the export price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 an increase of 193%. As a result, the export price attained the peak level of $X per ton, and then reduced in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Namibia ($X per ton), while the average price for exports to Swaziland ($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 Mozambique (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Drill Engine Imports

Imports into South Africa

In 2021, supplies from abroad of dental drill engines decreased by -6.6% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports recorded a deep downturn. The pace of growth was the most pronounced in 2014 with an increase of 224% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, dental drill engine imports expanded rapidly to $X in 2021. Over the period under review, imports recorded a perceptible shrinkage. The growth pace was the most rapid in 2019 with an increase of 128%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest dental drill engine supplier to South Africa, with a 64% share of total imports. Moreover, dental drill engine imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by the United States (X kg), with a 5.9% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-5.5% per year) and the United States (-7.4% per year).

In value terms, the largest dental drill engine suppliers to South Africa were the United States ($X), Germany ($X) and China ($X), with a combined 65% share of total imports. These countries were followed by South Korea and Namibia, which together accounted for a further 6.8%.

In terms of the main suppliers, South Korea, with a CAGR of +5.6%, 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 dental drill engine import price stood at $X per ton in 2021, jumping by 18% against the previous year. Overall, the import price enjoyed buoyant growth. The growth pace was the most rapid in 2017 an increase of 131%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Germany ($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 (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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