United Kingdom: Dental Instruments Market 2024

Dental Instruments Market Size in the UK

The UK dental instruments market skyrocketed to $X in 2021, with an increase of 26% against the previous year. Over the period under review, consumption, however, enjoyed a strong expansion. Dental instruments consumption peaked in 2021 and is likely to continue growth in the near future.

Dental Instruments Production in the UK

In value terms, dental instruments production fell to $X in 2021 estimated in export price. Overall, production enjoyed buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of 68% against the previous year. Dental instruments production peaked at $X in 2020, and then reduced in the following year.

Dental Instruments Exports

Exports from the UK

In 2021, approx. X units of instruments for dental sciences were exported from the UK; increasing by 21% on the year before. Overall, total exports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.8% 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 +30.4% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 73% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, dental instruments exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +3.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) was the main destination for dental instruments exports from the UK, with a 47% share of total exports. Moreover, dental instruments exports to Germany exceeded the volume sent to the second major destination, Ireland (X units), fourfold. France (X units) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+4.5% per year) and France (+17.4% per year).

In value terms, the United States ($X) remains the key foreign market for instruments for dental sciences exports from the UK, comprising 36% of total exports. The second position in the ranking was taken by Ireland ($X), with a 16% share of total exports. It was followed by Germany, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+12.0% per year) and Germany (+7.7% per year).

Export Prices by Country

The average dental instruments export price stood at $X per unit in 2021, rising by 17% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 40%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Instruments Imports

Imports into the UK

In 2021, dental instruments imports into the UK shrank to X units, declining by -8.4% against 2020 figures. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +8.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 41% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, dental instruments imports surged to $X in 2021. In general, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +95.6% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units), China (X units) and the United States (X units) were the main suppliers of dental instruments imports to the UK, together comprising 66% of total imports. These countries were followed by Italy, Sweden, the Netherlands, Denmark, Israel, Pakistan, France and Hong Kong SAR, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Israel (with a CAGR of +40.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of instruments for dental sciences to the UK, comprising 33% of total imports. The second position in the ranking was held by the United States ($X), with a 15% share of total imports. It was followed by Israel, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +3.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.2% per year) and Israel (+43.7% per year).

Import Prices by Country

In 2021, the average dental instruments import price amounted to $X per unit, growing by 78% against the previous year. In general, the import price, however, continues to indicate a slight decline. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Israel ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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