In 2023, Italy led the global export market of dental drill engines with an increase of 3.47%, followed by Germany and Finland, despite Germany experiencing a slight decline of 0.19%. Notable growth was observed in China's share at 8.4%. The US market shrank by 2.56%, while South Korea enjoyed a 5.15% rise. Emerging markets like Armenia and Moldova showcased significant increases at 49.94% and 46.65%, respectively. However, Thailand saw a steep decline of 11.5%.
Looking ahead, focus on advancements in dental technology and economic conditions that could impact export dynamics. Factors such as trade policies, innovations in dental equipment, and new market entrants will be key in shaping future trends.
Top countries in Export of Dental Drill Engines Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 22.74 | 2023 | +3.69% | +3.47% | View data |
| 2 | 2 Germany | 17.59 | 2023 | +0.067% | -0.19% | View data |
| 3 | 3 Finland | 11.59 | 2023 | +0.22% | +0.31% | View data |
| 4 | 4 China | 10.49 | 2023 | +2.8% | +8.4% | View data |
| 5 | 5 Switzerland | 9.86 | 2023 | +1.88% | +1.21% | View data |
| 6 | 6 South Korea | 4.91 | 2023 | +5.5% | +5.15% | View data |
| 7 | 7 United States | 4.63 | 2023 | -4.86% | -2.56% | View data |
| 8 | 8 Slovakia | 4.45 | 2023 | -1.07% | -0.84% | View data |
| 9 | 9 Netherlands | 3.94 | 2023 | +4.4% | +4.67% | View data |
| 10 | 10 Denmark | 3.62 | 2023 | +1.27% | -3.15% | View data |
