GCC: Dental Instruments Market 2024

Dental Instruments Market Size in GCC

The GCC dental instruments market contracted significantly to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, saw a deep reduction. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Dental Instruments Production in GCC

In value terms, dental instruments production shrank modestly to $X in 2022 estimated in export price. In general, production posted strong growth. The pace of growth appeared the most rapid in 2016 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Dental Instruments Exports

Exports in GCC

In 2022, approx. X units of instruments for dental sciences were exported in GCC; increasing by X% against the previous year. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, dental instruments exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed significant growth. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates prevails in exports structure, amounting to X units, which was approx. X% of total exports in 2022. Oman (X units) held a minor share of total exports.

Exports from the United Arab Emirates increased at an average annual rate of X% from 2012 to 2022. At the same time, Oman (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in GCC, with a CAGR of X% from 2012-2022. While the share of the United Arab Emirates (X p.p.) and Oman (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest dental instruments supplier in GCC, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates totaled X%.

Export Prices by Country

The export price in GCC stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Oman ($X per unit), while the United Arab Emirates amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%).

Dental Instruments Imports

Imports in GCC

In 2022, imports of instruments for dental sciences in GCC soared to X units, with an increase of X% on the previous year's figure. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, dental instruments imports reached $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Kuwait was the major importer of instruments for dental sciences in GCC, with the volume of imports amounting to X units, which was near X% of total imports in 2022. Oman (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by the United Arab Emirates (X%).

Kuwait was also the fastest-growing in terms of the instruments for dental sciences imports, with a CAGR of X% from 2012 to 2022. At the same time, the United Arab Emirates (X%) and Oman (X%) displayed positive paces of growth. While the share of Kuwait (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United Arab Emirates (X p.p.) and Oman (X p.p.) displayed negative dynamics.

In value terms, the largest dental instruments importing markets in GCC were Kuwait ($X), the United Arab Emirates ($X) and Oman ($X), together accounting for X% of total imports.

In terms of the main importing countries, Kuwait, 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

The import price in GCC stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while Oman ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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