Report Republic of Korea - Instruments for Dental Sciences - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 20, 2022

Republic of Korea - Instruments for Dental Sciences - Market Analysis, Forecast, Size, Trends and Insights
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Republic of Korea: Dental Instruments Market 2022

Dental Instruments Market Size in Republic of Korea

In 2021, the South Korean dental instruments market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, recorded resilient growth. Dental instruments consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Dental Instruments Production in Republic of Korea

In value terms, dental instruments production expanded slightly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Dental Instruments Exports

Exports from Republic of Korea

In 2021, the amount of instruments for dental sciences exported from South Korea expanded modestly to X units, picking up by X% against the year before. Overall, exports recorded a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, dental instruments exports reduced to $X in 2021. In general, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The exports peaked at $X in 2020, and then contracted modestly in the following year.

Exports by Country

China (X units), the United States (X units) and Vietnam (X units) were the main destinations of dental instruments exports from South Korea, with a combined X% share of total exports. Japan, Canada, Australia, Turkey, Iran, Thailand, Germany, India, Kazakhstan and Ukraine lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Ukraine (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Japan ($X) appeared to be the largest markets for dental instruments exported from South Korea worldwide, with a combined X% share of total exports. These countries were followed by Germany, India, Canada, Australia, Turkey, Vietnam, Ukraine, Iran, Thailand and Kazakhstan, which together accounted for a further X, with a CAGR of +X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average dental instruments export price amounted to $X per unit, dropping by -X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably countrydestination: the country with the highest price was India ($X per unit), while the average price for exports to Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Instruments Imports

Imports into Republic of Korea

In 2021, approx. X units of instruments for dental sciences were imported into South Korea; reducing by -X% compared with 2020 figures. Overall, total imports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, dental instruments imports rose slightly to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of dental instruments to South Korea, with a X% share of total imports. Moreover, dental instruments imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was taken by Japan (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Japan (+X% per year).

In value terms, Germany ($X), Japan ($X) and Switzerland ($X) were the largest dental instruments suppliers to South Korea, together comprising X% of total imports. The United States, China, Austria, Vietnam, Israel, Pakistan, Taiwan (Chinese) and Italy lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dental instruments import price stood at $X per unit in 2021, growing by X% against the previous year. In general, the import price, however, showed a mild slump. Over the period under review, average import prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for instruments for dental sciences in the world?
+
The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 40% share of global consumption. Japan, Pakistan, Brazil, Indonesia, Russia, Mexico, France, Canada, the UK and Spain lagged somewhat behind, together accounting for a further 33%.
What are the largest producers of instruments for dental sciences in the world?
+
China remains the largest dental instruments producing country worldwide, comprising approx. 32% of total volume. Moreover, dental instruments production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was taken by India, with an 8.2% share.
What are the leading suppliers of instruments for dental sciences to Republic of Korea?
+
In value terms, Germany, Japan and Switzerland were the largest dental instruments suppliers to South Korea, with a combined 63% share of total imports. The United States, China, Austria, Vietnam, Israel, Pakistan, Taiwan Chinese) and Italy lagged somewhat behind, together accounting for a further 27%.
What are the leading importers of instruments for dental sciences from Republic of Korea?
+
In value terms, the largest markets for dental instruments exported from South Korea were the United States, China and Japan, with a combined 46% share of total exports. These countries were followed by Germany, India, Canada, Australia, Turkey, Vietnam, Ukraine, Iran, Thailand and Kazakhstan, which together accounted for a further 22%.
What is the average export price for instruments for dental sciences in Republic of Korea?
+
The average dental instruments export price stood at $3.8 per unit in 2021, falling by -4.4% against the previous year.
What is the average import price for instruments for dental sciences in Republic of Korea?
+
In 2021, the average dental instruments import price amounted to $5.1 per unit, increasing by 17% against the previous year.

This report provides an in-depth analysis of the dental instruments market in Republic of Korea. 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 32501150 - Instruments and appliances used in dental sciences (excluding drill engines)
Country coverage:
• South Korea

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Republic of Korea
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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