United Kingdom: Artificial Teeth Market 2024

Artificial Teeth Market Size in the UK

The UK artificial teeth market soared to $X in 2022, with an increase of 133% against the previous year. Overall, consumption enjoyed significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Artificial Teeth Production in the UK

In value terms, artificial teeth production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in 2014 when the production volume increased by 8.4% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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Artificial Teeth Exports

Exports from the UK

In 2022, artificial teeth exports from the UK dropped markedly to X units, with a decrease of -37.4% compared with the year before. Overall, exports recorded a dramatic contraction. The smallest decline of -32.9% was in 2021. Over the period under review, the exports reached the peak figure at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, artificial teeth exports plummeted to $X in 2022. Over the period under review, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2013 with an increase of 166% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), the United States (X units) and China (X units) were the main destinations of artificial teeth exports from the UK, together accounting for 45% of total exports. Australia, Italy, Ireland, Iran, Saudi Arabia, the United Arab Emirates, Kuwait and Japan lagged somewhat behind, together accounting for a further 39%.

From 2020 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +192.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), the United States ($X) and China ($X) appeared to be the largest markets for artificial teeth exported from the UK worldwide, with a combined 45% share of total exports. Australia, Italy, Ireland, Iran, Saudi Arabia, the United Arab Emirates, Kuwait and Japan lagged somewhat behind, together comprising a further 39%.

Among the main countries of destination, Saudi Arabia, with a CAGR of +316.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average artificial teeth export price stood at $X per unit in 2022, picking up by 32% against the previous year. Overall, the export price enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 52% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per unit) and Australia ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) and Kuwait ($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 Saudi Arabia (+42.3%), while the prices for the other major destinations experienced more modest paces of growth.

Artificial Teeth Imports

Imports into the UK

In 2022, the amount of artificial teeth imported into the UK reduced sharply to X units, declining by -49.6% against the previous year's figure. Over the period under review, imports showed a precipitous setback. The smallest decline of -12.3% was in 2021. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, artificial teeth imports fell rapidly to $X in 2022. In general, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2013 when imports increased by 174%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

Austria (X units), Italy (X units) and China (X units) were the main suppliers of artificial teeth imports to the UK, together accounting for 46% of total imports. The United States, Hungary, Germany, Spain, Sweden, Denmark, Moldova, Trinidad and Tobago, Japan and Colombia lagged somewhat behind, together comprising a further 46%.

From 2020 to 2022, the biggest increases were recorded for Spain (with a CAGR of +890.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Austria ($X), Italy ($X) and China ($X) appeared to be the largest artificial teeth suppliers to the UK, together comprising 46% of total imports. The United States, Hungary, Germany, Spain, Sweden, Denmark, Moldova, Trinidad and Tobago, Japan and Colombia lagged somewhat behind, together comprising a further 46%.

Spain, with a CAGR of +1,602.6%, 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

The average artificial teeth import price stood at $X per unit in 2022, with an increase of 60% against the previous year. In general, the import price recorded significant growth. The growth pace was the most rapid in 2021 when the average import price increased by 61%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per unit) and Italy ($X per unit), while the price for Moldova ($X per unit) and Colombia ($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 (+71.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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