Spain: Dental Instruments Market 2024

Dental Instruments Market Size in Spain

After two years of decline, the Spanish dental instruments market increased by 7.2% to $X in 2021. Over the period under review, the total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.9% 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 decreased by -21.0% against 2018 indices. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Dental Instruments Production in Spain

In value terms, dental instruments production declined slightly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 12%. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Dental Instruments Exports

Exports from Spain

In 2021, approx. X units of instruments for dental sciences were exported from Spain; with an increase of 80% on the previous year's figure. In general, exports saw resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, dental instruments exports surged to $X in 2021. Over the period under review, total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +114.4% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Portugal (X units), France (X units) and the United States (X units) were the main destinations of dental instruments exports from Spain, together accounting for 67% of total exports. Italy, the UK, Argentina, Germany, Andorra, the Netherlands and Morocco lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +48.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for dental instruments exported from Spain were Portugal ($X), the United States ($X) and France ($X), with a combined 66% share of total exports. These countries were followed by Italy, Argentina, the UK, Germany, Andorra, the Netherlands and Morocco, which together accounted for a further 15%.

Argentina, with a CAGR of +46.6%, saw the highest rates of growth with regard to the value of exports, among 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

In 2021, the average dental instruments export price amounted to $X per unit, with a decrease of -16.9% against the previous year. Overall, the export price continues to indicate a perceptible descent. The growth pace was the most rapid in 2013 an increase of 19%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Morocco ($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 Morocco (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.

Dental Instruments Imports

Imports into Spain

In 2021, after two years of decline, there was significant growth in overseas purchases of instruments for dental sciences, when their volume increased by 17% to X units. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -20.2% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 35% against the previous year. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, dental instruments imports soared to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. 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.

Imports by Country

Germany (X units), Italy (X units) and the Netherlands (X units) were the main suppliers of dental instruments imports to Spain, with a combined 72% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +30.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of instruments for dental sciences to Spain, comprising 40% of total imports. The second position in the ranking was held by Italy ($X), with a 13% share of total imports. It was followed by France, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+7.8% per year) and France (+6.9% per year).

Import Prices by Country

The average dental instruments import price stood at $X per unit in 2021, growing by 11% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 21% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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