South-Eastern Asia: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in South-Eastern Asia

The Southeast Asian dental drill engine market stood at $X in 2021, with an increase of 11% against the previous year. In general, consumption, however, continues to indicate a pronounced slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Dental Drill Engine Production in South-Eastern Asia

In value terms, dental drill engine production reached $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable curtailment. The level of production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Dental Drill Engine Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of dental drill engines increased by 21% to X tons, rising for the second consecutive year after four years of decline. Overall, exports, however, recorded a slight downturn. The growth pace was the most rapid in 2020 when exports increased by 77%. The volume of export peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, dental drill engine exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a slight descent. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Thailand represented the major exporting country with an export of around X tons, which finished at 45% of total exports. The Philippines (X tons) ranks second in terms of the total exports with a 21% share, followed by Vietnam (17%) and Singapore (12%). Malaysia (X kg) followed a long way behind the leaders.

Exports from Thailand decreased at an average annual rate of -7.4% from 2012 to 2021. At the same time, the Philippines (+111.1%) and Vietnam (+50.5%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +111.1% from 2012-2021. Malaysia experienced a relatively flat trend pattern. By contrast, Singapore (-6.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Philippines and Vietnam increased by +21 and +17 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Philippines ($X) emerged as the largest dental drill engine supplier in South-Eastern Asia, comprising 41% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 20% share of total exports. It was followed by Thailand, with a 17% share.

In the Philippines, dental drill engine exports expanded at an average annual rate of +73.7% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+49.1% per year) and Thailand (-15.1% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per ton in 2021, picking up by 42% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 123% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Malaysia ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+9.8%), while the other leaders experienced a decline in the export price figures.

Dental Drill Engine Imports

Imports in South-Eastern Asia

In 2021, purchases abroad of dental drill engines was finally on the rise to reach X tons after five years of decline. In general, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2015 when imports increased by 23%. As a result, imports reached the peak of X tons. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, dental drill engine imports amounted to $X in 2021. Over the period under review, imports, however, showed a slight downturn. The pace of growth appeared the most rapid in 2019 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of dental drill engine imports in 2021 were Thailand (X tons), Vietnam (X tons) and Malaysia (X tons), together finishing at 80% of total import. It was distantly followed by Indonesia (X tons), Singapore (X tons) and the Philippines (X tons), together making up a 17% share of total imports. Myanmar (X tons) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Indonesia (with a CAGR of +30.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest dental drill engine importing markets in South-Eastern Asia were Thailand ($X), Vietnam ($X) and Malaysia ($X), together comprising 72% of total imports. These countries were followed by Indonesia, Singapore, the Philippines and Myanmar, which together accounted for a further 25%.

Indonesia, with a CAGR of +35.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2021, picking up by 3.4% against the previous year. Import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dental drill engine import price increased by +74.6% against 2013 indices. The pace of growth appeared the most rapid in 2019 when the import price increased by 28%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Singapore ($X per ton), while the Philippines ($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 Philippines (+36.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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