China: Modelling Pastes Market 2024

Modelling Pastes Market Size in China

In 2022, the Chinese modelling pastes market decreased by X% to $X, falling for the second year in a row after four years of growth. In general, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Modelling pastes consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Modelling Pastes Production in China

In value terms, modelling pastes production contracted slightly to $X in 2022 estimated in export price. Overall, production, however, saw strong growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Modelling pastes production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Modelling Pastes Exports

Exports from China

In 2022, approx. X tons of modelling pastes, dental wax and dental impression compounds were exported from China; flattening at 2021 figures. In general, exports, however, showed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, leveling off in the following year.

In value terms, modelling pastes exports rose significantly to $X in 2022. Overall, exports, however, showed strong growth. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The United States (X tons) was the main destination for modelling pastes exports from China, with a X% share of total exports. Moreover, modelling pastes exports to the United States exceeded the volume sent to the second major destination, Mexico (X tons), sixfold. The third position in this ranking was held by the Philippines (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and the Philippines (X% per year).

In value terms, the United States ($X) remains the key foreign market for modelling pastes, dental wax and dental impression compounds exports from China, comprising X% of total exports. The second position in the ranking was taken by Mexico ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the average modelling pastes export price amounted to $X per ton, increasing by X% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, modelling pastes export price increased by X% against 2013 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced more modest paces of growth.

Modelling Pastes Imports

Imports into China

Modelling pastes imports into China rose slightly to X tons in 2022, with an increase of X% on the year before. Over the period under review, imports saw a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, modelling pastes imports declined to $X in 2022. In general, imports posted buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then dropped in the following year.

Imports by Country

Germany (X tons), Sweden (X tons) and Japan (X tons) were the main suppliers of modelling pastes imports to China, together comprising X% of total imports.

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

In value terms, Germany ($X) constituted the largest supplier of modelling pastes, dental wax and dental impression compounds to China, comprising X% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Japan, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average modelling pastes import price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price continues to indicate a slight contraction. The growth pace was the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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