Pharmaceutical Goods Price in Slovenia - 2023

Pharmaceutical Goods Price in Slovenia (CIF) - 2022

The average pharmaceutical goods import price stood at $130,029 per ton in 2022, reducing by -15.2% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 54%. Over the period under review, average import prices attained the maximum at $153,283 per ton in 2021, and then declined notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($420,471 per ton), while the price for Portugal ($13,445 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Pharmaceutical Goods Price in Slovenia (FOB) - 2022

In 2022, the average pharmaceutical goods export price amounted to $113,896 per ton, declining by -23.9% against the previous year. Overall, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. As a result, the export price attained the peak level of $149,740 per ton, and then fell dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($207,750 per ton), while the average price for exports to Romania ($39,719 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 Lithuania (+20.6%), while the prices for the other major destinations experienced mixed trend patterns.

Pharmaceutical Goods Imports in Slovenia

In 2022, the amount of pharmaceutical goodses imported into Slovenia soared to 453 tons, jumping by 21% on 2021 figures. The total import volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pharmaceutical goods imports expanded slightly to $59M in 2022. The total import value increased at an average annual rate of +9.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Pharmaceutical Goods in Slovenia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	17.3	15.9	19.7	18.9	3.0%
Belgium	0.7	6.5	10.9	10.0	142.6%
Italy	3.4	4.5	4.8	5.4	16.7%
Ireland	1.6	1.9	3.9	5.1	47.2%
Austria	1.4	1.3	2.0	3.7	38.3%
China	1.2	1.8	1.2	2.5	27.7%
Hungary	2.7	1.9	2.1	2.0	-9.5%
Denmark	0.4	1.8	1.4	1.2	44.2%
Poland	N/A	1.1	1.6	1.2	4.4%
Spain	1.1	0.6	0.7	0.7	-14.0%
Portugal	0.1	0.2	0.3	0.3	44.2%
Slovakia	0.4	0.2	0.5	0.3	-9.1%
Switzerland	3.9	2.0	1.4	0.1	-70.5%
Others	10.9	5.6	6.5	7.7	-10.9%
Total	45.1	45.3	57.1	58.9	9.3%

Top Suppliers of Pharmaceutical Goods to Slovenia in 2022:

Italy (145.9 tons)
Germany (76.8 tons)
Ireland (44.1 tons)
Belgium (28.3 tons)
Austria (22.0 tons)
Denmark (21.7 tons)
Portugal (21.1 tons)
Hungary (18.8 tons)
Poland (16.6 tons)
China (15.0 tons)
Slovakia (7.1 tons)
Spain (1.6 tons)
Switzerland (0.3 tons)

Pharmaceutical Goods Exports in Slovenia

In 2022, the amount of pharmaceutical goodses exported from Slovenia skyrocketed to 424 tons, with an increase of 30% compared with 2021 figures. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.8% 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 +71.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pharmaceutical goods exports contracted modestly to $48M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +48.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. As a result, the exports attained the peak of $49M, and then reduced in the following year.

Export of Pharmaceutical Goods in Slovenia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Croatia	6.9	7.5	7.9	8.7	8.0%
Serbia	8.5	6.5	8.4	8.4	-0.4%
Lithuania	0.1	0.1	2.9	3.7	233.2%
Bosnia and Herzegovina	3.0	2.7	2.9	3.2	2.2%
Israel	N/A	0.9	1.0	2.5	66.7%
Montenegro	2.1	1.8	2.7	2.2	1.6%
North Macedonia	1.3	1.0	1.3	1.4	2.5%
Albania	0.8	0.8	1.4	1.3	17.6%
Egypt	N/A	1.4	0.6	1.1	-11.4%
Italy	0.4	0.4	0.6	0.5	7.7%
Austria	0.8	0.4	0.3	0.5	-14.5%
Romania	0.2	0.8	0.9	0.4	26.0%
Hungary	0.3	0.3	0.3	0.4	10.1%
Others	8.2	9.2	17.7	13.9	19.2%
Total	32.5	33.8	48.8	48.3	14.1%