Israel: Artificial Teeth Market 2024

Artificial Teeth Market Size in Israel

For the eleventh year in a row, the Israeli artificial teeth market recorded growth in sales value, which increased by 57% to $X in 2022. Overall, consumption recorded a significant expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Artificial Teeth Production in Israel

In value terms, artificial teeth production surged to $X in 2022 estimated in export price. Over the period under review, production recorded a deep setback. Artificial teeth production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Artificial Teeth Exports

Exports from Israel

In 2022, the amount of artificial teeth exported from Israel fell to X units, dropping by -11.7% on the year before. Overall, exports continue to indicate a abrupt shrinkage. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, artificial teeth exports reduced to $X in 2022. In general, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 33% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X units), the United States (X units) and China (X units) were the main destinations of artificial teeth exports from Israel, together comprising 64% of total exports.

From 2020 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +261.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for artificial teeth exported from Israel were the Netherlands ($X), the United States ($X) and China ($X), with a combined 63% share of total exports.

The Netherlands, with a CAGR of +355.2%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average artificial teeth export price amounted to $X per unit, increasing by 13% against the previous year. Overall, export price indicated a significant increase from 2020 to 2022: its price increased at an average annual rate of +25.9% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, artificial teeth export price increased by +58.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 40%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per unit) and the Netherlands ($X per unit), while the average price for exports to Hong Kong SAR ($X per unit) and France ($X per unit) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Teeth Imports

Imports into Israel

After ten years of growth, purchases abroad of artificial teeth decreased by -8.7% to X units in 2022. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 35%. As a result, imports reached the peak of X units, and then declined in the following year.

In value terms, artificial teeth imports skyrocketed to $X in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 133% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

Hong Kong SAR (X units), the United States (X units) and China (X units) were the main suppliers of artificial teeth imports to Israel, with a combined 90% share of total imports.

From 2020 to 2022, the biggest increases were recorded for China (with a CAGR of +88.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), the United States ($X) and China ($X) constituted the largest artificial teeth suppliers to Israel, together comprising 90% of total imports.

China, with a CAGR of +211.6%, recorded the highest growth rate of 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 2022, the average artificial teeth import price amounted to $X per unit, surging by 58% against the previous year. Over the period under review, the import price posted significant growth. The growth pace was the most rapid in 2021 an increase of 72%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and Hong Kong SAR ($X per unit), while the price for Switzerland ($X per unit) and Germany ($X per unit) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+64.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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