Ukraine: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Ukraine

The Ukrainian medical reconstruction cements market skyrocketed to $X in 2021, picking up by 20% 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). Overall, consumption, however, continues to indicate a relatively flat trend pattern. Medical reconstruction cements consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Medical Reconstruction Cements Exports

Exports from Ukraine

In 2021, the amount of dental cements and bone reconstruction cements exported from Ukraine soared to X tons, rising by 67% against the previous year's figure. Overall, exports showed a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, medical reconstruction cements exports surged to $X in 2021. Over the period under review, total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +94.9% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for medical reconstruction cements exports from Ukraine, with a 47% share of total exports. Moreover, medical reconstruction cements exports to Russia exceeded the volume sent to the second major destination, India (X tons), fivefold. Uzbekistan (X kg) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume to Russia totaled +17.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+72.6% per year) and Uzbekistan (+15.4% per year).

In value terms, Russia ($X) remains the key foreign market for dental cements and bone reconstruction cements exports from Ukraine, comprising 32% of total exports. The second position in the ranking was held by India ($X), with a 6.3% share of total exports. It was followed by Uzbekistan, with a 6.2% share.

From 2012 to 2021, the average annual growth rate of value to Russia stood at +22.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+39.4% per year) and Uzbekistan (+8.0% per year).

Export Prices by Country

In 2021, the average medical reconstruction cements export price amounted to $X per ton, rising by 16% against the previous year. Over the period under review, the export price, however, recorded a slight decline. The pace of growth appeared the most rapid in 2016 an increase of 17%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Kazakhstan ($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 Algeria (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports into Ukraine

In 2021, the amount of dental cements and bone reconstruction cements imported into Ukraine was estimated at X tons, increasing by 9.7% compared with the year before. Overall, imports, however, recorded a slight slump. The most prominent rate of growth was recorded in 2019 with an increase of 23%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, medical reconstruction cements imports skyrocketed to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 38% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

Imports by Country

Poland (X tons), Germany (X tons) and Japan (X tons) were the main suppliers of medical reconstruction cements imports to Ukraine, with a combined 48% share of total imports. Russia, South Korea, the United States, Switzerland, France and the Czech Republic lagged somewhat behind, together comprising a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +14.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Germany ($X) and the United States ($X) appeared to be the largest medical reconstruction cements suppliers to Ukraine, together comprising 68% of total imports. South Korea, Switzerland, France, Poland, Russia and the Czech Republic lagged somewhat behind, together accounting for a further 22%.

South Korea, with a CAGR of +21.1%, recorded 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

In 2021, the average medical reconstruction cements import price amounted to $X per ton, picking up by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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