Sweden: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in Sweden

The Swedish dental drill engine market skyrocketed to $X in 2021, increasing by 29% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Dental drill engine consumption peaked in 2021 and is likely to continue growth in the immediate term.

Dental Drill Engine Exports

Exports from Sweden

In 2021, exports of dental drill engines from Sweden surged to X tons, growing by 35% compared with 2020 figures. Over the period under review, exports, however, saw a deep setback. The pace of growth was the most pronounced in 2014 when exports increased by 105% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, dental drill engine exports skyrocketed to $X in 2021. In general, exports, however, showed a abrupt setback. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X tons), the Netherlands (X tons) and the United States (X kg) were the main destinations of dental drill engine exports from Sweden, with a combined 84% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +109.8%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), the Netherlands ($X) and Germany ($X) appeared to be the largest markets for dental drill engine exported from Sweden worldwide, together accounting for 81% of total exports. These countries were followed by the United States, Denmark and Finland, which together accounted for a further 12%.

The United States, with a CAGR of +127.8%, recorded the highest growth rate of 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 drill engine export price amounted to $X per ton, jumping by 75% against the previous year. Over the period under review, the export price continues to indicate a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Denmark ($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 Iraq (+493.6%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Drill Engine Imports

Imports into Sweden

In 2021, approx. X tons of dental drill engines were imported into Sweden; with an increase of 39% on the year before. In general, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +8.7% 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 -5.2% against 2019 indices. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, dental drill engine imports surged to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 54% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of dental drill engine to Sweden, with a 79% share of total imports. Moreover, dental drill engine imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), sixfold. Denmark (X tons) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+18.8% per year) and Denmark (-7.5% per year).

In value terms, Germany ($X) constituted the largest supplier of dental drill engines to Sweden, comprising 67% of total imports. The second position in the ranking was held by Denmark ($X), with a 12% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+0.2% per year) and Italy (+16.6% per year).

Import Prices by Country

The average dental drill engine import price stood at $X per ton in 2021, falling by -10.7% against the previous year. Overall, the import price showed a noticeable contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 42%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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