The import of instruments and appliances used in dentistry to the UK has exhibited a mixed trend from 2013 to 2023, with a general upward trajectory. Between 2013 and 2023, there were fluctuations marked by certain dips, such as in 2015, and growth spurts, notably in 2018. Specifically, the value stood at $137.21 million in 2023, reflecting a 1.12% increase from the previous year.
Over the past two years, the imports have shown a slight variation, decreasing by 0.83% in 2022, followed by a growth of 1.12% in 2023. Looking at the average annual growth rate over the past five years, the CAGR (Compound Annual Growth Rate) is 0.88%.
Future trends to watch for include the continued moderate growth forecasted with a 5-year CAGR of 0.8% and an overall 5-year growth rate of 4.06%. Factors such as advancements in dental technology, changes in healthcare policies, and global economic conditions will likely influence future import volumes and values.
