Slovakia - Medicaments Containing Insulin But Not Antibiotics - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Slovakia - Medicaments Containing Insulin But Not Antibiotics - Market Analysis, Forecast, Size, Trends And Insights

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Medicaments Containing Insulin Price in Slovakia - 2023

Contents:

  1. Medicaments Containing Insulin Price in Slovakia (FOB) - 2022
  2. Medicaments Containing Insulin Price in Slovakia (CIF) - 2022
  3. Medicaments Containing Insulin Exports in Slovakia
  4. Medicaments Containing Insulin Imports in Slovakia

Medicaments Containing Insulin Price in Slovakia (FOB) - 2022

In 2022, the average medicaments containing insulin export price amounted to $97,024 per ton, with an increase of 4.9% against the previous year. Overall, the export price, however, recorded a abrupt slump. The growth pace was the most rapid in 2017 when the average export price increased by 39% against the previous year. As a result, the export price attained the peak level of $361,501 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($545,228 per ton), while the average price for exports to the UK ($22,958 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

Medicaments Containing Insulin Price in Slovakia (CIF) - 2022

In 2022, the average medicaments containing insulin import price amounted to $3,656,750 per ton, picking up by 396% against the previous year. Overall, the import price showed significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($23,005,189 per ton), while the price for Austria ($137,710 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Medicaments Containing Insulin Exports in Slovakia

After three years of growth, overseas shipments of medicaments containing insulin but not antibiotics decreased by -5% to 1 tons in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 145%.

In value terms, medicaments containing insulin exports dropped modestly to $99K in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.7% 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 +47.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 47% against the previous year.

Export of Medicaments Containing Insulin in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HungaryN/AN/AN/A50.30%
NetherlandsN/A43.137.817.4-36.5%
Czech Republic19.719.221.29.8-20.8%
Denmark10.27.7N/A9.7-1.7%
Germany4.1N/A24.88.929.5%
United Kingdom8.0N/AN/A3.1-27.1%
BulgariaN/AN/A15.7N/A0%
Serbia25.428.7N/AN/A13.0%
OthersN/AN/AN/AN/A0%
Total67.498.899.599.213.7%

Top Export Markets for Medicaments Containing Insulin from Slovakia in 2022:

  1. Netherlands (403.0 kg)
  2. Denmark (305.0 kg)
  3. United Kingdom (134.0 kg)
  4. Hungary (92.0 kg)
  5. Czech Republic (70.0 kg)
  6. Germany (18.0 kg)

Medicaments Containing Insulin Imports in Slovakia

In 2022, purchases abroad of medicaments containing insulin but not antibiotics decreased by -68% to 32 kg, falling for the second year in a row after two years of growth. In general, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 125%. As a result, imports reached the peak of 200 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, medicaments containing insulin imports soared to $117K in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 281% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Medicaments Containing Insulin in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic14.780.973.710793.8%
Switzerland3.1N/AN/A6.226.0%
Austria3.3N/AN/A3.62.9%
Others0.1N/AN/A0.10.0%
Total21.380.973.711776.4%

Top Suppliers of Medicaments Containing Insulin to Slovakia in 2022:

  1. Austria (26.0 kg)
  2. Czech Republic (5.0 kg)
  3. Switzerland (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the medicaments containing insulin market in Slovakia. 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 21201230 - Medicaments containing insulin but not antibiotics, for therapeutic or prophylactic uses, not put up in measured doses or for retail sale

Country coverage:

  • Slovakia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Slovakia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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