South Africa: Dental Instruments Market 2024

Dental Instruments Market Size in South Africa

The South African dental instruments market skyrocketed to $X in 2021, growing by 20% 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 pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.4% 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 +87.9% against 2016 indices. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in the near future.

Dental Instruments Exports

Exports from South Africa

For the fifth consecutive year, South Africa recorded growth in overseas shipments of instruments for dental sciences, which increased by 17% to X units in 2021. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 698% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, dental instruments exports contracted significantly to $X in 2021. Over the period under review, exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 226%. As a result, the exports reached the peak of $X, and then shrank significantly in the following year.

Exports by Country

The United States (X units) was the main destination for dental instruments exports from South Africa, accounting for a 66% share of total exports. Moreover, dental instruments exports to the United States exceeded the volume sent to the second major destination, Mozambique (X units), eightfold. Greece (X units) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +30.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+49.1% per year) and Greece (+92.4% per year).

In value terms, the largest markets for dental instruments exported from South Africa were Australia ($X), the United States ($X) and Switzerland ($X), together accounting for 38% of total exports. These countries were followed by Mozambique, Greece, Spain, Chile and Germany, which together accounted for a further 22%.

Chile, with a CAGR of +584.7%, recorded the highest growth rate of 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, which is down by -35.1% against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 615% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Switzerland ($X per unit), while the average price for exports to the United States ($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 Greece (+50.7%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Instruments Imports

Imports into South Africa

In 2021, purchases abroad of instruments for dental sciences increased by 21% to X units, rising for the fifth consecutive year after four years of decline. Over the period under review, imports recorded a strong increase. The most prominent rate of growth was recorded in 2019 when imports increased by 67% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, dental instruments imports surged to $X in 2021. In general, imports, however, continue to indicate a pronounced setback. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), China (X units) and the United States (X units) were the main suppliers of dental instruments imports to South Africa, with a combined 70% share of total imports. Switzerland, the UK, South Korea, Japan, Italy and Brazil lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +56.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of instruments for dental sciences to South Africa, comprising 32% of total imports. The second position in the ranking was held by the United States ($X), with a 12% share of total imports. It was followed by China, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.0% per year) and China (+6.8% per year).

Import Prices by Country

The average dental instruments import price stood at $X per unit in 2021, dropping by -1.7% against the previous year. In general, the import price faced a abrupt descent. The pace of growth was the most pronounced in 2013 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 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 Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-4.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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