saudi arabia Dental Chair Market Shipment Analysis
Saudi Arabia Dental Chair Market registered a decline of -4.27% in value shipments in 2021 as compared to 2020 and a decrease of -10.15% CAGR in 2021 over a period of 2017. In Dental Chair Market Saudi Arabia is becoming less competitive as HHI index in 2021 was 2366 while in 2017 it was 1850. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market.
Saudi Arabia has reportedly relied more on imports to meet its growing demand in Dental Chair Market. India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Dental Chair Market in 2021 was 22.59 while in 2017 it was 72.25. Japan, China, Italy, Germany and Finland were among the top players of the market in 2021, where Japan acquired the largest market share of 37.35% with a shipment value of 2.48 million USD in 2022 Japan also offered the product above the average market price, but remained at the leadership position indicating the trust it holds in the Dental Chair Market. In 2017 Italy had the largest market share of 31.27% with the shipment value of 3.7 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although Italy offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the Saudi Arabia Dental Chair Market in 2017.
