U.S.: Modelling Pastes Market 2024

Modelling Pastes Market Size in the U.S.

The U.S. modelling pastes market skyrocketed to $X in 2021, growing by 24% 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 a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Modelling Pastes Exports

Exports from the U.S.

In 2021, the amount of modelling pastes, dental wax and dental impression compounds exported from the United States surged to X tons, rising by 29% compared with the year before. The total export volume increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 37%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in years to come.

In value terms, modelling pastes exports soared to $X in 2021. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons), Germany (X tons) and Mexico (X tons) were the main destinations of modelling pastes exports from the United States, with a combined 69% share of total exports. China, Japan, Australia, Belgium, the UK, Colombia, South Korea, Italy and the Philippines lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +23.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for modelling pastes, dental wax and dental impression compounds exports from the United States, comprising 29% of total exports. The second position in the ranking was taken by Belgium ($X), with a 9.1% share of total exports. It was followed by Mexico, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value to Canada stood at +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+9.8% per year) and Mexico (+10.6% per year).

Export Prices by Country

In 2021, the average modelling pastes export price amounted to $X per ton, rising by 2.2% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 21%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, among the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany ($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 Italy (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Modelling Pastes Imports

Imports into the U.S.

For the fourth consecutive year, the United States recorded growth in overseas purchases of modelling pastes, dental wax and dental impression compounds, which increased by 24% to X tons in 2021. In general, imports posted a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of 58% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, modelling pastes imports soared to $X in 2021. Overall, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +9.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 50%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest modelling pastes supplier to the United States, with a 72% share of total imports. Moreover, modelling pastes imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X tons), eightfold. Thailand (X tons) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+50.3% per year) and Thailand (+21.7% per year).

In value terms, China ($X) constituted the largest supplier of modelling pastes, dental wax and dental impression compounds to the United States, comprising 56% of total imports. The second position in the ranking was held by Germany ($X), with a 13% share of total imports. It was followed by Sweden, with a 5.2% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.9% per year) and Sweden (+54.3% per year).

Import Prices by Country

In 2021, the average modelling pastes import price amounted to $X per ton, standing approx. at the previous year. In general, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 11% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: among the top suppliers, the country with the highest price was Germany ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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