Ukraine: Dental Fitting Market 2024

Dental Fitting Market Size in Ukraine

In 2022, after six years of growth, there was significant decline in the Ukrainian dental fitting market, when its value decreased by -20.8% to $X. Over the period under review, consumption, however, posted a remarkable increase. Over the period under review, the market hit record highs at $X in 2021, and then dropped dramatically in the following year.

Dental Fitting Production in Ukraine

In value terms, dental fitting production plummeted to $X in 2022 estimated in export price. Overall, production recorded a sharp decrease. The pace of growth appeared the most rapid in 2018 with an increase of 187%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

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Dental Fitting Exports

Exports from Ukraine

In 2022, after six years of growth, there was significant decline in overseas shipments of dental fittings, when their volume decreased by -32.8% to X kg. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2018 when exports increased by 331% against the previous year. Over the period under review, the exports reached the peak figure at X kg in 2021, and then declined notably in the following year.

In value terms, dental fitting exports dropped remarkably to $X in 2022. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2018 when exports increased by 157% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined markedly in the following year.

Exports by Country

Germany (X kg) was the main destination for dental fitting exports from Ukraine, accounting for a 64% share of total exports. Moreover, dental fitting exports to Germany exceeded the volume sent to the second major destination, Azerbaijan (X kg), threefold. The third position in this ranking was held by Georgia (X kg), with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany totaled +141.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+316.0% per year) and Georgia (+23.9% per year).

In value terms, Germany ($X) remains the key foreign market for dental fittings exports from Ukraine, comprising 78% of total exports. The second position in the ranking was taken by Azerbaijan ($X), with a 12% share of total exports. It was followed by Georgia, with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +179.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Azerbaijan (+955.4% per year) and Georgia (+16.1% per year).

Export Prices by Country

The average dental fitting export price stood at $X per kg in 2022, falling by -8.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 103% against the previous year. Over the period under review, the average export prices reached the maximum at $X per kg in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+585.2%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Fitting Imports

Imports into Ukraine

In 2022, purchases abroad of dental fittings decreased by -10.5% to X tons for the first time since 2015, thus ending a six-year rising trend. In general, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of 61%. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, dental fitting imports declined sharply to $X in 2022. Overall, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of $X, and then declined sharply in the following year.

Imports by Country

In 2022, South Korea (X tons) constituted the largest supplier of dental fitting to Ukraine, accounting for a 53% share of total imports. Moreover, dental fitting imports from South Korea exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. The third position in this ranking was held by Brazil (X kg), with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea stood at +25.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.8% per year) and Brazil (+32.6% per year).

In value terms, the largest dental fitting suppliers to Ukraine were South Korea ($X), Switzerland ($X) and Germany ($X), with a combined 75% share of total imports. The United States, Brazil, Israel and Italy lagged somewhat behind, together comprising a further 20%.

Brazil, with a CAGR of +52.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dental fitting import price amounted to $X per kg, declining by -16.6% against the previous year. Overall, the import price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 26% against the previous year. The import price peaked at $X per kg in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per kg), while the price for Italy ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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