Spain: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Spain

In 2021, the Spanish medical reconstruction cements market decreased by -2.6% to $X, falling for the fifth consecutive year after five years of growth. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Medical Reconstruction Cements Production in Spain

In value terms, medical reconstruction cements production soared to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt descent. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Medical Reconstruction Cements Exports

Exports from Spain

In 2021, medical reconstruction cements exports from Spain surged to X tons, growing by 29% against the previous year. In general, exports showed buoyant growth. The growth pace was the most rapid in 2019 with an increase of 48%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, medical reconstruction cements exports skyrocketed to $X in 2021. Overall, total exports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Portugal (X tons) was the main destination for medical reconstruction cements exports from Spain, accounting for a 76% share of total exports. Moreover, medical reconstruction cements exports to Portugal exceeded the volume sent to the second major destination, France (X tons), more than tenfold. The third position in this ranking was taken by Italy (X tons), with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume to Portugal totaled +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+6.3% per year) and Italy (+13.2% per year).

In value terms, Portugal ($X) remains the key foreign market for dental cements and bone reconstruction cements exports from Spain, comprising 54% of total exports. The second position in the ranking was taken by France ($X), with a 24% share of total exports. It was followed by Italy, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value to Portugal stood at +8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+10.3% per year) and Italy (+8.5% per year).

Export Prices by Country

The average medical reconstruction cements export price stood at $X per ton in 2021, increasing by 2.2% against the previous year. Over the period under review, the export price, however, showed a mild contraction. The pace of growth appeared the most rapid in 2020 an increase of 49%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Egypt ($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 France (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Medical Reconstruction Cements Imports

Imports into Spain

For the third year in a row, Spain recorded decline in purchases abroad of dental cements and bone reconstruction cements, which decreased by -14.7% to X tons in 2021. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 28%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, medical reconstruction cements imports surged to $X in 2021. The total import value increased at an average annual rate of +4.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Italy (X tons) and France (X tons) were the main suppliers of medical reconstruction cements imports to Spain, together comprising 77% of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +22.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of dental cements and bone reconstruction cements to Spain, comprising 59% of total imports. The second position in the ranking was held by Belgium ($X), with a 10% share of total imports. It was followed by Italy, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+25.0% per year) and Italy (-0.2% per year).

Import Prices by Country

The average medical reconstruction cements import price stood at $X per ton in 2021, picking up by 52% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, medical reconstruction cements import price increased by +91.9% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+46.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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