Sweden: Dental Fitting Market 2024

Dental Fitting Market Size in Sweden

The Swedish dental fitting market surged to $X in 2022, with an increase of 24% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Dental fitting consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Dental Fitting Production in Sweden

In value terms, dental fitting production amounted to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by 35% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Dental Fitting Exports

Exports from Sweden

In 2022, approx. X tons of dental fittings were exported from Sweden; reducing by -30.5% on the previous year's figure. In general, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 61% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, dental fitting exports dropped to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 31% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for dental fitting exports from Sweden, with a 45% share of total exports. Moreover, dental fitting exports to the Netherlands exceeded the volume sent to the second major destination, Norway (X tons), fivefold. The third position in this ranking was taken by the UK (X tons), with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to +18.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-11.4% per year) and the UK (-5.7% per year).

In value terms, the Netherlands ($X) remains the key foreign market for dental fittings exports from Sweden, comprising 75% of total exports. The second position in the ranking was taken by Germany ($X), with a 7% share of total exports. It was followed by the UK, with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at +13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-5.6% per year) and the UK (-9.7% per year).

Export Prices by Country

In 2022, the average dental fitting export price amounted to $X per kg, surging by 35% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per kg in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per kg), while the average price for exports to Norway ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.

Dental Fitting Imports

Imports into Sweden

Dental fitting imports into Sweden amounted to X tons in 2022, surging by 7.6% compared with the previous year. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +2.2% 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 +43.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, dental fitting imports expanded rapidly to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 69% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), the United States (X tons) and Turkey (X tons) were the main suppliers of dental fitting imports to Sweden, together comprising 64% of total imports. The Netherlands, Switzerland, Germany, Spain and Hong Kong SAR lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +70.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) constituted the largest supplier of dental fittings to Sweden, comprising 40% of total imports. The second position in the ranking was held by the United States ($X), with a 19% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland stood at -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.5% per year) and Germany (-2.2% per year).

Import Prices by Country

The average dental fitting import price stood at $X per kg in 2022, with an increase of 5.5% against the previous year. Overall, the import price, however, showed a noticeable descent. The pace of growth was the most pronounced in 2013 when the average import price increased by 36% against the previous year. As a result, import price attained the peak level of $X per kg. From 2014 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per kg), while the price for Hong Kong SAR ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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