U.S.: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in the U.S.

The U.S. dental drill engine market fell dramatically to $X in 2021, with a decrease of -24.1% against the previous year. Overall, consumption recorded a deep contraction. Dental drill engine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Dental Drill Engine Production in the U.S.

In value terms, dental drill engine production contracted dramatically to $X in 2021. In general, production recorded a noticeable decrease. The pace of growth appeared the most rapid in 2020 with an increase of 95% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Dental Drill Engine Exports

Exports from the U.S.

In 2021, after three years of decline, there was significant growth in overseas shipments of dental drill engines, when their volume increased by 27% to X tons. Over the period under review, exports, however, continue to indicate a abrupt decline. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, dental drill engine exports soared to $X in 2021. Overall, exports, however, saw a abrupt descent. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for dental drill engine exports from the United States, with a 43% share of total exports. Moreover, dental drill engine exports to Germany exceeded the volume sent to the second major destination, Canada (X tons), threefold. The third position in this ranking was held by Australia (X tons), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +9.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-17.3% per year) and Australia (+5.7% per year).

In value terms, Canada ($X), Germany ($X) and Australia ($X) appeared to be the largest markets for dental drill engine exported from the United States worldwide, with a combined 67% share of total exports. These countries were followed by Japan, Russia, Italy, France, Switzerland, Saudi Arabia, India, the Netherlands, New Zealand and Lithuania, which together accounted for a further 21%.

Saudi Arabia, with a CAGR of +8.0%, recorded the highest growth rate of 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

In 2021, the average dental drill engine export price amounted to $X per ton, increasing by 6.8% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dental drill engine export price increased by +82.1% against 2017 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 66%. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Germany ($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 Japan (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Drill Engine Imports

Imports into the U.S.

In 2021, purchases abroad of dental drill engines decreased by -16.4% to X tons, falling for the second year in a row after three years of growth. In general, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 11% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, dental drill engine imports soared to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Japan (X tons), Switzerland (X tons) and Germany (X tons) were the main suppliers of dental drill engine imports to the United States, together accounting for 80% of total imports. These countries were followed by Canada, China, Italy, Taiwan (Chinese), Denmark and Austria, which together accounted for a further 17%.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +43.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Japan ($X) and Austria ($X) constituted the largest dental drill engine suppliers to the United States, together accounting for 73% of total imports. Germany, China, Italy, Taiwan (Chinese), Canada and Denmark lagged somewhat behind, together accounting for a further 22%.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +60.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dental drill engine import price stood at $X per ton in 2021, with an increase of 49% against the previous year. In general, the import price continues to indicate a resilient increase. The growth pace was the most rapid in 2020 when the average import price increased by 121%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+52.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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