South-Eastern Asia: Market for Dentist And Barber Chairs 2024

Market Size for Dentist And Barber Chairs in South-Eastern Asia

The Southeast Asian dentist or barber chair market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Dentist And Barber Chairs in South-Eastern Asia

In value terms, dentist or barber chair production shrank slightly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 25% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Dentist And Barber Chairs

Exports in South-Eastern Asia

In 2022, approx. X units of dentist and barber chairs were exported in South-Eastern Asia; reducing by -31.2% on 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 157%. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, dentist or barber chair exports contracted rapidly to $X in 2022. Over the period under review, exports, however, posted a noticeable expansion. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam represented the major exporter of dentist and barber chairs in South-Eastern Asia, with the volume of exports amounting to X units, which was approx. 82% of total exports in 2022. It was distantly followed by Malaysia (X units), making up an 11% share of total exports. Indonesia (X units) and Singapore (X units) followed a long way behind the leaders.

Vietnam was also the fastest-growing in terms of the dentist and barber chairs exports, with a CAGR of +26.1% from 2012 to 2022. At the same time, Indonesia (+9.1%) and Malaysia (+3.0%) displayed positive paces of growth. By contrast, Singapore (-11.7%) illustrated a downward trend over the same period. While the share of Vietnam (+75 p.p.), Malaysia (+3.6 p.p.) and Indonesia (+2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (-4.5 p.p.) displayed negative dynamics.

In value terms, Vietnam ($X) remains the largest dentist or barber chair supplier in South-Eastern Asia, comprising 91% of total exports. The second position in the ranking was taken by Malaysia ($X), with a 6% share of total exports. It was followed by Singapore, with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam totaled +30.9%. In the other countries, the average annual rates were as follows: Malaysia (+2.1% per year) and Singapore (-12.6% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, growing by 7.4% against the previous year. Over the period under review, the export price continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2017 an increase of 73% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.8%), while the other leaders experienced a decline in the export price figures.

Imports of Dentist And Barber Chairs

Imports in South-Eastern Asia

In 2022, dentist or barber chair imports in South-Eastern Asia rose sharply to X units, increasing by 7.6% against the year before. Total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.5% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of 33%. Over the period under review, imports attained the maximum at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, dentist or barber chair imports skyrocketed to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 40%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

Indonesia (X units) and Vietnam (X units) were the largest importers of dentist and barber chairs in 2022, reaching near 39% and 32% of total imports, respectively. Malaysia (X units) took a 17% share (based on physical terms) of total imports, which put it in second place, followed by Thailand (4.6%). The Philippines (X units) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +39.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dentist or barber chair importing markets in South-Eastern Asia were Indonesia ($X), Vietnam ($X) and Malaysia ($X), with a combined 89% share of total imports.

Vietnam, with a CAGR of +31.9%, recorded the highest growth rate of the value of imports, among 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

In 2022, the import price in South-Eastern Asia amounted to $X per unit, with an increase of 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2018 when the import price increased by 32% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Malaysia ($X per unit) and Indonesia ($X per unit), while Thailand ($X per unit) and the Philippines ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+15.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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