Philippines - Dental Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDental Fitting Price in the Philippines - 2023
Contents:
- Dental Fitting Price in the Philippines (FOB) - 2022
- Dental Fitting Price in the Philippines (CIF) - 2022
- Dental Fitting Exports in the Philippines
- Dental Fitting Imports in the Philippines
Dental Fitting Price in the Philippines (FOB) - 2022
In 2022, the average dental fitting export price amounted to $1,719 per unit, shrinking by -5.2% against the previous year. In general, the export price, however, continues to indicate significant growth. The pace of growth appeared the most rapid in 2018 an increase of 331%. The export price peaked at $1,812 per unit in 2021, and then declined in the following year.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($1,719 per unit) and Australia ($1,719 per unit), while the average price for exports to Canada ($1,719 per unit) and Singapore ($1,719 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+46.0%), while the prices for the other major destinations experienced more modest paces of growth.
Dental Fitting Price in the Philippines (CIF) - 2022
The average dental fitting import price stood at $1,183 per unit in 2022, falling by -63.3% against the previous year. Overall, the import price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 624% against the previous year. The import price peaked at $4,251 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($1,199 per unit), while the price for Malaysia ($235 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+63.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Dental Fitting Exports in the Philippines
In 2022, overseas shipments of dental fittings decreased by -20.3% to 5K units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +16.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. As a result, the exports reached the peak of 6.3K units, and then contracted markedly in the following year.
In value terms, dental fitting exports declined dramatically to $8.6M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 54%. As a result, the exports reached the peak of $11M, and then dropped notably in the following year.
| Export of Dental Fitting in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 2.6 | 2.4 | 3.0 | 3.7 | 12.5% |
| United States | 2.2 | 1.7 | 2.5 | 2.9 | 9.6% |
| Australia | 0.5 | 0.5 | 0.5 | 0.6 | 6.3% |
| Germany | N/A | 0.2 | 0.8 | 0.5 | 58.1% |
| Singapore | 0.1 | N/A | N/A | 0.4 | 58.7% |
| Canada | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Japan | 0.3 | 1.4 | 1.5 | N/A | 123.6% |
| Oman | N/A | 0.8 | 2.4 | N/A | 200.0% |
| Others | 0.3 | 0.2 | 0.4 | 0.2 | -12.6% |
| Total | 6.1 | 7.3 | 11.3 | 8.6 | 12.1% |
Top Export Markets for Dental Fitting from the Philippines in 2022:
- Netherlands (2133.0 units)
- United States (1709.0 units)
- Australia (367.0 units)
- Germany (313.0 units)
- Singapore (243.0 units)
- Canada (101.0 units)
- Japan (25.0 units)
Dental Fitting Imports in the Philippines
Dental fitting imports into the Philippines skyrocketed to 705 units in 2022, rising by 64% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, dental fitting imports fell rapidly to $834K in 2022. Overall, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Over the period under review, imports reached the peak figure at $1.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Dental Fitting in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,156 | 491 | 486 | 186 | -45.6% |
| Taiwan (Chinese) | 42.9 | 56.5 | 90.6 | 165 | 56.7% |
| South Korea | 84.0 | 55.7 | 54.8 | 132 | 16.3% |
| Turkey | N/A | N/A | 54.8 | 118 | 115.3% |
| China | 119 | 208 | 495 | 80.3 | -12.3% |
| Germany | 33.8 | 25.6 | 24.2 | 65.0 | 24.4% |
| Switzerland | 0.6 | 14.3 | 0.5 | 21.3 | 228.7% |
| France | 24.2 | 34.2 | 42.6 | 18.0 | -9.4% |
| Malaysia | 1.4 | 15.6 | 4.5 | 2.4 | 19.7% |
| Others | 65.9 | 53.4 | 127 | 46.3 | -11.1% |
| Total | 1,528 | 955 | 1,380 | 834 | -18.3% |
Top Suppliers of Dental Fitting to the Philippines in 2022:
- United States (155.0 units)
- Taiwan (Chinese) (138.0 units)
- South Korea (110.0 units)
- Turkey (99.0 units)
- China (67.0 units)
- Germany (54.0 units)
- Switzerland (18.0 units)
- France (15.0 units)
- Malaysia (10.0 units)
This report provides an in-depth analysis of the dental fitting market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32502259 - Dental fittings (including dentures and part dentures, metal crowns, cast tin bars, stainless steel bars) (excluding individual artificial teeth)
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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