Hungary - Medicaments Containing Insulin But Not Antibiotics In Measured Doses - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Prophylactic Medicaments Containing Insulin in Hungary - 2023
Contents:
- Price for Prophylactic Medicaments Containing Insulin in Hungary (CIF) - 2023
- Price for Prophylactic Medicaments Containing Insulin in Hungary (FOB) - 2023
- Imports of Prophylactic Medicaments Containing Insulin in Hungary
- Exports of Prophylactic Medicaments Containing Insulin in Hungary
Price for Prophylactic Medicaments Containing Insulin in Hungary (CIF) - 2023
In July 2023, the average prophylactic medicaments containing insulin import price amounted to $181K per ton, waning by -23.8% against the previous month. In general, import price indicated a measured expansion from July 2022 to July 2023: its price increased at an average monthly rate of +3.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, prophylactic medicaments containing insulin import price decreased by -23.8% against June 2023 indices. The growth pace was the most rapid in December 2022 an increase of 65% month-to-month. The import price peaked at $238K per ton in June 2023, and then reduced remarkably in the following month.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Denmark ($244K per ton), while the price for France stood at $171K per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Prophylactic Medicaments Containing Insulin in Hungary (FOB) - 2023
The average prophylactic medicaments containing insulin export price stood at $184K per ton in August 2023, with an increase of 26% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $195K per ton in May 2023; however, from June 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Georgia ($348K per ton), while the average price for exports to Germany ($71,895 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Prophylactic Medicaments Containing Insulin in Hungary
In 2022, imports of medicaments containing insulin but not antibiotics in measured doses into Hungary was estimated at 864 tons, leveling off at 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, imports reached the peak of 977 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, prophylactic medicaments containing insulin imports contracted to $170M in 2022. Overall, imports, however, showed a deep slump. The growth pace was the most rapid in 2020 when imports increased by 3.5%. As a result, imports attained the peak of $207M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Prophylactic Medicaments Containing Insulin in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 135 | 151 | 56.5 | 65.3 | -21.5% |
Denmark | 44.2 | 51.3 | 40.7 | 56.7 | 8.7% |
Germany | 14.8 | 0.6 | 84.3 | 47.5 | 47.5% |
Others | 6.3 | 3.6 | 1.3 | 0.2 | -68.3% |
Total | 200 | 207 | 183 | 170 | -5.3% |
Top Suppliers of Prophylactic Medicaments Containing Insulin to Hungary in 2022:
- France (400.3 tons)
- Germany (312.7 tons)
- Denmark (150.3 tons)
Exports of Prophylactic Medicaments Containing Insulin in Hungary
For the fourth consecutive year, Hungary recorded growth in overseas shipments of medicaments containing insulin but not antibiotics in measured doses, which increased by 9.9% to 635 tons in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, prophylactic medicaments containing insulin exports contracted slightly to $110M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 40% against the previous year. As a result, the exports reached the peak of $112M, and then reduced in the following year.
Export of Prophylactic Medicaments Containing Insulin in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovenia | 2.5 | 1.7 | 8.4 | 51.2 | 173.6% |
Romania | 45.5 | 42.1 | 41.2 | 26.4 | -16.6% |
Ukraine | 0.5 | 0.1 | 7.3 | 18.2 | 231.4% |
Kazakhstan | 0.2 | 0.9 | 6.1 | 8.0 | 242.0% |
Georgia | 2.3 | 4.1 | 3.8 | 2.9 | 8.0% |
Croatia | 6.5 | 6.6 | 7.5 | 0.1 | -75.1% |
Bulgaria | 6.5 | 6.9 | 5.5 | N/A | -8.0% |
Lithuania | 8.0 | 10.3 | 9.1 | N/A | 6.7% |
Others | 3.9 | 7.6 | 23.5 | 3.5 | -3.5% |
Total | 75.9 | 80.2 | 112 | 110 | 13.2% |
Top Export Markets for Prophylactic Medicaments Containing Insulin from Hungary in 2022:
- Slovenia (305.9 tons)
- Romania (171.9 tons)
- Ukraine (83.2 tons)
- Kazakhstan (42.2 tons)
- Georgia (16.1 tons)
- Croatia (0.3 tons)
This report provides an in-depth analysis of the market for prophylactic medicaments containing insulin in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 21201260 - Medicaments containing insulin but not antibiotics, for therapeutic or prophylactic uses, put up in measured doses or for retail sale
Country coverage:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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