Asia-Pacific: Dental Drill Engine Market 2024

Dental Drill Engine Market Size in Asia-Pacific

The Asia-Pacific dental drill engine market dropped to $X in 2022, falling by X% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Dental Drill Engine Production in Asia-Pacific

In value terms, dental drill engine production shrank to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Dental Drill Engine Exports

Exports in Asia-Pacific

In 2022, overseas shipments of dental drill engines decreased by X% to X units for the first time since 2014, thus ending a seven-year rising trend. In general, exports, however, posted resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units, and then shrank rapidly in the following year.

In value terms, dental drill engine exports contracted dramatically to $X in 2022. Overall, exports, however, recorded a measured increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced markedly in the following year.

Exports by Country

China dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. Hong Kong SAR (X units) took the second position in the ranking, followed by South Korea (X units). All these countries together held near X% share of total exports. Japan (X units) held a relatively small share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, South Korea (X%) and Japan (X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. China (X p.p.) and South Korea (X p.p.) significantly strengthened its position in terms of the total exports, while Hong Kong SAR saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest dental drill engine supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

In China, dental drill engine exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price saw a deep setback. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced a decline in the export price figures.

Dental Drill Engine Imports

Imports in Asia-Pacific

After three years of growth, purchases abroad of dental drill engines decreased by X% to X units in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X units, and then shrank notably in the following year.

In value terms, dental drill engine imports shrank significantly to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then dropped dramatically in the following year.

Imports by Country

Hong Kong SAR (X units) and China (X units) represented the largest importers of dental drill engines in 2022, recording near X% and X% of total imports, respectively. Japan (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Australia (X%), Malaysia (X%), New Zealand (X%), Singapore (X%) and Thailand (X%).

From 2012 to 2022, the biggest increases were recorded for New Zealand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest dental drill engine importing markets in Asia-Pacific were Japan ($X), China ($X) and Hong Kong SAR ($X), with a combined X% share of total imports.

Among the main importing countries, Japan, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, increasing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per unit), while New Zealand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform