Cologne, Germany, 20 May 2021. At the European press conference in preparation for the 39th IDS Chairman Mark Stephen Pace still remained confident about the future economic position given the significant declines in turnover in the 2020 financial year. The Treuhand survey of the Association from the beginning of 2021 produced the following
result: In 2020 VDDI member companies again earned a total turnover of fewer than five billion
euros (4.82 billion euros) for the first time since 2015. It was thus 13.1 percent below the
2019 result. Almost 2.92 billion euros of that was earned on export markets, a decline of
16.5 percent. “Companies have made great efforts to ensure that declines were not higher, achieved in
particular by measures to increase efficiency and lower costs”, explained Mark Pace. The domestic market developed considerably more robustly than the export markets.
Domestic sales in 2020 of 1.90 billion euros were about 7.3 percent below the comparable
sales of the previous year. Slightly more than two thirds of companies surveyed by the
dental association recorded fewer domestic sales than in 2019. According to Chairman Mark Stephen Pace, it will take time for some companies to reach the
level of 2019 again. A positive atmosphere meanwhile comes from the expectations the companies have for the
current financial year and IDS 2021. Fifty-one percent of the member companies forecast
increases in turnover over the entire exhibition year and a further 42 percent a turnover at
the level of the previous year. The results of the VDDI economic barometer from spring, which has just been evaluated,
also confirm the positive estimates and expectations of German Dental Manufacturers for
the current year 2021. With domestic turnover for the first half-year of 2021 almost 69
percent of those surveyed expect higher sales in comparison with the same period in the
previous year. For export sales nearly 70 percent of the participants anticipate increases in
turnover in this period. Mark Pace continues: “Not all regions will recover equally quickly, some economic regions
are still occupied with overcoming the corona crisis. The health systems are under a high
degree of pressure with the demands, but we can assume that in the medium-term the
success of vaccinations will also lead to recoveries in these regions. The general health
awareness and a need for health services resulting from this will increase.” The 39th IDS from 22 – 25.09.21 will play an important role in the further progress of oral and dental health.
Your contact: For details and information on the dental industry: VDDI/GFDI - Press Office
Burkhard Sticklies Agnes Plümer
sticklies@vddi.de
pluemer@vddi.de
