Asia: Dental Instruments Market 2024

Dental Instruments Market Size in Asia

The Asian dental instruments market was estimated at $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption saw resilient growth. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Dental Instruments Production in Asia

In value terms, dental instruments production stood at $X in 2023 estimated in export price. In general, production recorded buoyant growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Dental Instruments Exports

Exports in Asia

In 2023, the amount of instruments for dental sciences exported in Asia shrank to X units, remaining stable against the year before. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, dental instruments exports contracted to $X in 2023. In general, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then shrank in the following year.

Exports by Country

In 2023, China (X units) represented the major exporter of instruments for dental sciences, comprising X% of total exports. South Korea (X units) took the second position in the ranking, followed by Japan (X units) and Israel (X units). All these countries together held near X% share of total exports. Taiwan (Chinese) (X units) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of X% from 2012 to 2023. At the same time, Israel (X%), South Korea (X%) and Japan (X%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. Taiwan (Chinese) experienced a relatively flat trend pattern. From 2012 to 2023, the share of South Korea, Israel and Japan increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest dental instruments supplying countries in Asia were China ($X), Israel ($X) and South Korea ($X), together accounting for X% of total exports.

South Korea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Asia amounted to $X per unit, declining by X% against the previous year. Overall, the export price, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2020 when the export price increased by X%. The level of export peaked at $X per unit in 2022, and then reduced in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Israel ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Dental Instruments Imports

Imports in Asia

After two years of growth, overseas purchases of instruments for dental sciences decreased by X% to X units in 2023. Total imports indicated a resilient increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2022 with an increase of X%. As a result, imports reached the peak of X units, and then fell in the following year.

In value terms, dental instruments imports reduced slightly to $X in 2023. Total imports indicated strong growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2022, and then declined modestly in the following year.

Imports by Country

The purchases of the three major importers of instruments for dental sciences, namely Turkey, Vietnam and Japan, represented more than third of total import. Iraq (X units) took the next position in the ranking, followed by China (X units), India (X units) and the United Arab Emirates (X units). All these countries together held approx. X% share of total imports. Israel (X units), South Korea (X units), Hong Kong SAR (X units), Taiwan (Chinese) (X units), the Philippines (X units) and Bangladesh (X units) took a relatively small share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iraq (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Israel ($X) were the countries with the highest levels of imports in 2023, together accounting for X% of total imports.

Israel, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per unit in 2023, surging by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the import price increased by X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was China ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform