South-Eastern Asia: Dental Instruments Market 2024

Dental Instruments Market Size in South-Eastern Asia

In 2022, the Southeast Asian dental instruments market was finally on the rise to reach $X after two years of decline. Overall, consumption showed a strong expansion. As a result, consumption reached the peak level of $X.3B. From 2020 to 2022, the growth of the market failed to regain momentum.

Dental Instruments Production in South-Eastern Asia

In value terms, dental instruments production reached $X in 2022 estimated in export price. In general, production recorded a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

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Dental Instruments Exports

Exports in South-Eastern Asia

In 2022, the amount of instruments for dental sciences exported in South-Eastern Asia expanded to X units, increasing by X% compared with 2021 figures. Total exports indicated a measured expansion from 2012 to 2022: its volume 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, exports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of export peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, dental instruments exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Vietnam (X units) represented the key exporter of instruments for dental sciences, achieving X% of total exports. It was distantly followed by Singapore (X units), Indonesia (X units), the Philippines (X units) and Malaysia (X units), together committing a X% share of total exports. The following exporters - Myanmar (X units) and Thailand (X units) - each reached a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Myanmar (with a CAGR of X.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest dental instruments supplying countries in South-Eastern Asia were Vietnam ($X), Thailand ($X) and Singapore ($X), with a combined X% share of total exports. The Philippines, Malaysia, Indonesia and Myanmar lagged somewhat behind, together accounting for a further X%.

Indonesia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, surging by X% against the previous year. Export price indicated a buoyant increase 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, dental instruments export price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

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 Thailand ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Dental Instruments Imports

Imports in South-Eastern Asia

Dental instruments imports soared to X units in 2022, picking up by X% against the previous year's figure. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, dental instruments imports surged to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Philippines (X units) and Indonesia (X units) were the key importers of instruments for dental sciences in 2022, recording approx. X% and X% of total imports, respectively. Vietnam (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (X%) and Thailand (X%). Malaysia (X units) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Indonesia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Vietnam ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Singapore, Indonesia and the Philippines lagged somewhat behind, together comprising a further X%.

Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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 South-Eastern Asia stood at $X per unit in 2022, rising by X% against the previous year. Import price indicated a resilient 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, dental instruments import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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