Southern Asia: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Southern Asia

The South Asian medical reconstruction cements market totaled $X in 2021, rising by 7.9% against the previous year. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +72.8% against 2013 indices. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Medical Reconstruction Cements Production in Southern Asia

In value terms, medical reconstruction cements production reached $X in 2021 estimated in export price. The total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -0.9% against 2019 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 24% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Medical Reconstruction Cements Exports

Exports in Southern Asia

In 2021, the amount of dental cements and bone reconstruction cements exported in Southern Asia soared to X tons, jumping by 67% against 2020 figures. Overall, exports, however, showed a noticeable contraction. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, medical reconstruction cements exports soared to $X in 2021. In general, exports continue to indicate strong growth. The growth pace was the most rapid in 2018 with an increase of 48% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

In 2021, India (X tons) was the main exporter of dental cements and bone reconstruction cements in Southern Asia, constituting 100% of total export.

India was also the fastest-growing in terms of the dental cements and bone reconstruction cements exports, with a CAGR of -4.2% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest medical reconstruction cements supplier in Southern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in India totaled +9.5%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, waning by -12% against the previous year. In general, the export price, however, saw a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 95% against the previous year. The level of export peaked at $X per ton in 2020, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to +14.3% per year.

Medical Reconstruction Cements Imports

Imports in Southern Asia

In 2021, approx. X tons of dental cements and bone reconstruction cements were imported in Southern Asia; jumping by 113% compared with the previous year's figure. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, medical reconstruction cements imports surged to $X in 2021. Total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some 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

India prevails in imports structure, reaching X tons, which was near 89% of total imports in 2021. Pakistan (X tons), Bangladesh (X tons), Nepal (X tons) and Afghanistan (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to medical reconstruction cements imports into India stood at +9.7%. At the same time, Nepal (+31.1%), Afghanistan (+22.9%) and Bangladesh (+14.5%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of +31.1% from 2012-2021. By contrast, Pakistan (-7.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of India increased by +11 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported dental cements and bone reconstruction cements in Southern Asia, comprising 86% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 5.5% share of total imports. It was followed by Pakistan, with a 2% share.

From 2012 to 2021, the average annual growth rate of value in India amounted to +6.1%. In the other countries, the average annual rates were as follows: Bangladesh (+27.4% per year) and Pakistan (-4.7% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, waning by -15.2% against the previous year. Overall, the import price showed a slight slump. The pace of growth was the most pronounced in 2016 when the import price increased by 44%. The level of import peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+11.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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