Latin America and the Caribbean: Medical Reconstruction Cements Market 2024

Medical Reconstruction Cements Market Size in Latin America and the Caribbean

The Latin American medical reconstruction cements market shrank to $X in 2023, which is down by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a lower figure.

Medical Reconstruction Cements Production in Latin America and the Caribbean

In value terms, medical reconstruction cements production dropped to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2023, production growth remained at a somewhat lower figure.

Medical Reconstruction Cements Exports

Exports in Latin America and the Caribbean

In 2023, shipments abroad of dental cements and bone reconstruction cements decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. Over the period under review, exports, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, the exports attained the peak of X tons, and then contracted modestly in the following year.

In value terms, medical reconstruction cements exports contracted modestly to $X in 2023. Total exports indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2022, and then dropped slightly in the following year.

Exports by Country

Mexico was the major exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Brazil (X tons), comprising an X% share of total exports.

Mexico was also the fastest-growing in terms of the dental cements and bone reconstruction cements exports, with a CAGR of X% from 2012 to 2023. At the same time, Brazil (X%) displayed positive paces of growth. From 2012 to 2023, the share of Mexico increased by X percentage points.

In value terms, Mexico ($X) and Brazil ($X) appeared to be the countries with the highest levels of exports in 2023.

In terms of the main exporting countries, Mexico, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2023, the export price in Latin America and the Caribbean amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Brazil ($X per ton), while Mexico totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Brazil (X%).

Medical Reconstruction Cements Imports

Imports in Latin America and the Caribbean

In 2023, after two years of growth, there was significant decline in purchases abroad of dental cements and bone reconstruction cements, when their volume decreased by X% to X tons. Total imports indicated mild growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of import peaked at X tons in 2022, and then declined in the following year.

In value terms, medical reconstruction cements imports dropped modestly to $X in 2023. Total imports indicated a notable increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then dropped slightly in the following year.

Imports by Country

Mexico was the main importing country with an import of about X tons, which reached X% of total imports. Brazil (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Chile (X%), Peru (X%), Colombia (X%) and Ecuador (X%). Argentina (X tons), Costa Rica (X tons), Guatemala (X tons), the Dominican Republic (X tons), Panama (X tons) and Nicaragua (X tons) followed a long way behind the leaders.

Imports into Mexico increased at an average annual rate of X% from 2012 to 2023. At the same time, the Dominican Republic (X%), Guatemala (X%), Peru (X%), Argentina (X%), Ecuador (X%) and Chile (X%) displayed positive paces of growth. Moreover, the Dominican Republic emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2023. Colombia experienced a relatively flat trend pattern. By contrast, Brazil (X%), Panama (X%), Nicaragua (X%) and Costa Rica (X%) illustrated a downward trend over the same period. Mexico (X p.p.) and the Dominican Republic (X p.p.) significantly strengthened its position in terms of the total imports, while Panama, Nicaragua, Costa Rica and Brazil saw its share reduced by X%, X%, X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest medical reconstruction cements importing markets in Latin America and the Caribbean were Mexico ($X), Brazil ($X) and Colombia ($X), together accounting for X% of total imports. Chile, Argentina, Peru, Ecuador, the Dominican Republic, Guatemala, Costa Rica, Panama and Nicaragua lagged somewhat behind, together accounting for a further X%.

Nicaragua, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per ton in 2023, surging by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. Over the period under review, import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Colombia ($X per ton), while Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Panama (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform