Turkey: Dental Fitting Market 2024

Dental Fitting Market Size in Turkey

The Turkish dental fitting market plummeted to $X in 2022, with a decrease of -46.7% against the previous year. Overall, consumption, however, enjoyed significant growth. Dental fitting consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Dental Fitting Production in Turkey

In value terms, dental fitting production declined significantly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 217%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Dental Fitting Exports

Exports from Turkey

In 2022, dental fitting exports from Turkey skyrocketed to X tons, with an increase of 41% compared with the previous year. In general, exports showed a significant expansion. The growth pace was the most rapid in 2018 with an increase of 199% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, dental fitting exports reduced to $X in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2018 when exports increased by 126%. Over the period under review, the exports hit record highs at $X in 2021, and then fell in the following year.

Exports by Country

Iraq (X tons) was the main destination for dental fitting exports from Turkey, with a 29% share of total exports. Moreover, dental fitting exports to Iraq exceeded the volume sent to the second major destination, Egypt (X tons), threefold. Switzerland (X tons) ranked third in terms of total exports with a 7.5% share.

From 2012 to 2022, the average annual growth rate of volume to Iraq totaled +90.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+27.9% per year) and Switzerland (+47.9% per year).

In value terms, Switzerland ($X), Azerbaijan ($X) and Poland ($X) were the largest markets for dental fitting exported from Turkey worldwide, with a combined 36% share of total exports.

Among the main countries of destination, Azerbaijan, with a CAGR of +92.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dental fitting export price stood at $X per ton in 2022, with a decrease of -34.2% against the previous year. Overall, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 193% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced notably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Fitting Imports

Imports into Turkey

For the third consecutive year, Turkey recorded growth in purchases abroad of dental fittings, which increased by 42% to X tons in 2022. In general, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dental fitting imports skyrocketed to $X in 2022. Overall, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, South Korea (X tons) constituted the largest dental fitting supplier to Turkey, accounting for a 57% share of total imports. Moreover, dental fitting imports from South Korea exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was held by Brazil (X tons), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume from South Korea amounted to +43.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.0% per year) and Brazil (+46.9% per year).

In value terms, South Korea ($X), Germany ($X) and Switzerland ($X) were the largest dental fitting suppliers to Turkey, with a combined 74% share of total imports. The United States, Brazil, Israel, Italy and China lagged somewhat behind, together comprising a further 19%.

Brazil, with a CAGR of +48.9%, saw the highest rates of growth with regard to the value of imports, in terms of 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 fitting import price stood at $X per ton in 2022, shrinking by -8.2% against the previous year. Overall, the import price showed a pronounced decrease. The pace of growth was the most pronounced in 2017 an increase of 8.2%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, 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 ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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