United Kingdom: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in the UK

The UK medical reconstruction cements market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -32.1% against 2017 indices. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Medical Reconstruction Cements Production in the UK

In value terms, medical reconstruction cements production rose sharply to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of 25% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Medical Reconstruction Cements Exports

Exports from the UK

In 2021, approx. X tons of dental cements and bone reconstruction cements were exported from the UK; rising by 56% against 2020 figures. Over the period under review, exports, however, saw a mild shrinkage. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, medical reconstruction cements exports skyrocketed to $X in 2021. In general, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Ireland (X tons), the United States (X tons) and Belgium (X tons) were the main destinations of medical reconstruction cements exports from the UK, together accounting for 46% of total exports. India, South Africa, Germany, Russia, China, Libya, South Korea, Japan, Switzerland and Spain lagged somewhat behind, together comprising a further 36%.

From 2012 to 2021, the biggest increases were recorded for Libya (with a CAGR of +29.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for dental cements and bone reconstruction cements exports from the UK, comprising 44% of total exports. The second position in the ranking was held by Ireland ($X), with a 20% share of total exports. It was followed by Belgium, with a 5.8% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+4.5% per year) and Belgium (+7.2% per year).

Export Prices by Country

In 2021, the average medical reconstruction cements export price amounted to $X per ton, reducing by -10.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2015 an increase of 24% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to South Africa ($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 Belgium (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Medical Reconstruction Cements Imports

Imports into the UK

Medical reconstruction cements imports into the UK soared to X tons in 2021, jumping by 37% against the year before. In general, imports, however, continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2018 with an increase of 44% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, medical reconstruction cements imports soared to $X in 2021. Over the period under review, imports continue to indicate 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

In 2021, Germany (X tons) constituted the largest medical reconstruction cements supplier to the UK, accounting for a 55% share of total imports. Moreover, medical reconstruction cements imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+8.1% per year) and the United States (+2.6% per year).

In value terms, Germany ($X) constituted the largest supplier of dental cements and bone reconstruction cements to the UK, comprising 48% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by Ireland, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.9% per year) and Ireland (+36.4% per year).

Import Prices by Country

In 2021, the average medical reconstruction cements import price amounted to $X per ton, picking up by 26% against the previous year. Overall, the import price showed a measured increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 57% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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