Sweden: Dental Instruments Market 2024

Dental Instruments Market Size in Sweden

The Swedish dental instruments market rose notably to $X in 2021, increasing by 7% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Dental Instruments Production in Sweden

In value terms, dental instruments production expanded modestly to $X in 2021 estimated in export price. Overall, production, however, showed a perceptible decline. Dental instruments production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Dental Instruments Exports

Exports from Sweden

After two years of decline, overseas shipments of instruments for dental sciences increased by 11% to X units in 2021. In general, exports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2017 when exports increased by 13%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, dental instruments exports surged to $X in 2021. Overall, exports, however, recorded a deep contraction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Finland (X units), Norway (X units) and the UK (X units) were the main destinations of dental instruments exports from Sweden, together accounting for 56% of total exports. These countries were followed by Denmark, Germany, the Netherlands, France, the United States, Australia and Switzerland, which together accounted for a further 34%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +1.4%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for dental instruments exported from Sweden were the Netherlands ($X), Finland ($X) and Norway ($X), with a combined 58% share of total exports.

The Netherlands, with a CAGR of +16.3%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

The average dental instruments export price stood at $X per unit in 2021, picking up by 13% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dental instruments export price increased by +77.4% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 40%. 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 somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Australia ($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 the Netherlands (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Instruments Imports

Imports into Sweden

In 2021, the amount of instruments for dental sciences imported into Sweden amounted to X units, growing by 10% against 2020. Overall, imports, however, continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 when imports increased by 33% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, dental instruments imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest dental instruments supplier to Sweden, accounting for a 42% share of total imports. Moreover, dental instruments imports from Germany exceeded the figures recorded by the second-largest supplier, Finland (X units), twofold. Italy (X units) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (-4.8% per year) and Italy (+8.1% per year).

In value terms, Germany ($X), Switzerland ($X) and Denmark ($X) appeared to be the largest dental instruments suppliers to Sweden, together accounting for 57% of total imports. Finland, the Netherlands, Austria, the United States, Italy, China and France lagged somewhat behind, together comprising a further 37%.

China, with a CAGR of +15.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dental instruments import price stood at $X per unit in 2021, surging by 22% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.5%. The most prominent rate of growth was recorded in 2018 an increase of 53%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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