Japan: Artificial Teeth Market 2024

Artificial Teeth Market Size in Japan

In 2022, the Japanese artificial teeth market decreased by -92.9% to $X for the first time since 2011, thus ending a ten-year rising trend. In general, consumption recorded a sharp contraction. As a result, consumption reached the peak level of $X, and then contracted markedly in the following year.

Artificial Teeth Production in Japan

In value terms, artificial teeth production shrank sharply to $X in 2022 estimated in export price. Over the period under review, production showed a sharp downturn. The pace of growth appeared the most rapid in 2021 with a decrease of -1.2% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Artificial Teeth Exports

Exports from Japan

For the eleventh consecutive year, Japan recorded growth in shipments abroad of artificial teeth, which increased by 76% to X units in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, artificial teeth exports shrank remarkably to $X in 2022. Over the period under review, total exports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by 46% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for artificial teeth exports from Japan, with a 56% share of total exports. Moreover, artificial teeth exports to China exceeded the volume sent to the second major destination, South Korea (X units), fourfold. The United States (X units) ranked third in terms of total exports with an 8.9% share.

From 2020 to 2022, the average annual growth rate of volume to China stood at +143.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+84.0% per year) and the United States (-20.7% per year).

In value terms, China ($X) remains the key foreign market for artificial teeth exports from Japan, comprising 56% of total exports. The second position in the ranking was taken by South Korea ($X), with a 12% share of total exports. It was followed by the United States, with an 8.9% share.

From 2020 to 2022, the average annual growth rate of value to China amounted to +36.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+3.0% per year) and the United States (-55.6% per year).

Export Prices by Country

In 2022, the average artificial teeth export price amounted to $X per unit, with a decrease of -62.9% against the previous year. Over the period under review, the export price faced a sharp contraction. The growth pace was the most rapid in 2021 a decrease of -15.1%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and China ($X per unit), while the average price for exports to Germany ($X per unit) and Singapore ($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 Germany (-43.7%), while the prices for the other major destinations experienced a decline.

Artificial Teeth Imports

Imports into Japan

In 2022, approx. X units of artificial teeth were imported into Japan; reducing by -33.4% compared with the previous year. Over the period under review, imports showed a precipitous contraction. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, artificial teeth imports fell modestly to $X in 2022. The total import value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

China (X units), the United States (X units) and Switzerland (X units) were the main suppliers of artificial teeth imports to Japan, together accounting for 78% of total imports. Spain, the Philippines and Thailand lagged somewhat behind, together accounting for a further 17%.

From 2020 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +24.4%), while imports for the other leaders experienced a decline.

In value terms, the largest artificial teeth suppliers to Japan were China ($X), the United States ($X) and Switzerland ($X), together accounting for 78% of total imports. Spain, the Philippines and Thailand lagged somewhat behind, together accounting for a further 17%.

Among the main suppliers, Spain, with a CAGR of +172.6%, recorded the highest rates of growth with regard to 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 average artificial teeth import price stood at $X per unit in 2022, surging by 50% against the previous year. In general, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2021 an increase of 220% against the previous year. Over the period under review, average import prices hit record highs 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 countries with the highest prices were the United States ($X per unit) and China ($X per unit), while the price for Thailand ($X per unit) and the Philippines ($X per unit) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+119.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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