Report Update Apr 1, 2024

Venezuela - Artificial Teeth - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Artificial Teeth Market 2024

Artificial Teeth Market Size in Venezuela

The Venezuelan artificial teeth market totaled $X in 2022, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a deep slump. The pace of growth appeared the most rapid in 2021 with a decrease of 99.9%. Artificial teeth consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Artificial Teeth Exports

Exports from Venezuela

In value terms, artificial teeth exports amounted to $X in 2022. Over the period under review, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of 149% 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 failed to regain momentum.

Exports by Country

In value terms, Panama ($X) remains the key foreign market for artificial teeth exports from Venezuela, comprising 95% of total exports. The second position in the ranking was taken by Grenada ($X), with a 5.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Panama amounted to -16.5%.

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Artificial Teeth Imports

Imports into Venezuela

In 2022, approx. X units of artificial teeth were imported into Venezuela; flattening at the year before. In general, imports faced a sharp decline. The smallest decline of 99.9% was in 2021. Imports peaked at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, artificial teeth imports surged to $X in 2022. Over the period under review, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2019 when imports increased by 6,552% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Trinidad and Tobago (X units), Japan (X units) and Panama (X units) were the main suppliers of artificial teeth imports to Venezuela, together comprising 68% of total imports. Colombia, China, the United States, France and Switzerland lagged somewhat behind, together accounting for a further 28%.

From 2020 to 2022, the biggest increases were recorded for China (with a CAGR of +358.3%), while purchases for the other leaders experienced a decline.

In value terms, the largest artificial teeth suppliers to Venezuela were Trinidad and Tobago ($X), Japan ($X) and Panama ($X), together comprising 68% of total imports. Colombia, China, the United States, France and Switzerland lagged somewhat behind, together comprising a further 28%.

Among the main suppliers, China, with a CAGR of +903.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average artificial teeth import price amounted to $X per unit, approximately reflecting the previous year. Overall, the import price saw a significant increase. The pace of growth was the most pronounced in 2021 when the average import price decreased by 99.9% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

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 ($X per unit) and Japan ($X per unit), while the price for France ($X per unit) and Switzerland ($X per unit) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (+118.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial teeth in the world?

The countries with the highest volumes of consumption in 2022 were Hong Kong SAR, Turkey and Brazil, together comprising 92% of global consumption.

What are the largest producers of artificial teeth in the world?

Turkey remains the largest artificial teeth producing country worldwide, accounting for 78% of total volume. Moreover, artificial teeth production in Turkey exceeded the figures recorded by the second-largest producer, Switzerland, eightfold. The third position in this ranking was taken by Hong Kong SAR, with a 5.7% share.

What are the leading suppliers of artificial teeth to Venezuela?

In value terms, Trinidad and Tobago, Japan and Panama constituted the largest artificial teeth suppliers to Venezuela, together comprising 68% of total imports. Colombia, China, the United States, France and Switzerland lagged somewhat behind, together accounting for a further 28%.

What is the average import price for artificial teeth in Venezuela?

The average artificial teeth import price stood at $122 per unit in 2022, remaining constant against the previous year.

This report provides an in-depth analysis of the artificial teeth market in Venezuela. 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 32502253 - Individual artificial teeth of plastics (including metal posts for fixing) (excluding dentures or part dentures)
Prodcom 32502255 - Individual artificial teeth not made of plastics (including metal posts for fixing) (excluding dentures or part dentures)

Country coverage:

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023