Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Australia - 2024

Contents:

1. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Australia (CIF) - 2022
2. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Australia (FOB) - 2022
3. Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Australia
4. Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Australia

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Australia (CIF) - 2022

In 2022, the average import price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $60,628 per ton, remaining stable against the previous year. In general, the import price saw a pronounced downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 36%. Over the period under review, average import prices hit record highs at $91,388 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Denmark ($60,628 per ton) and the United States ($60,628 per ton), while the price for the Netherlands ($60,626 per ton) and the Dominican Republic ($60,627 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.5%), while the prices for the other major suppliers experienced a decline.

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Australia (FOB) - 2022

The average export price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $62,133 per ton in 2022, rising by 21% against the previous year. Over the period under review, the export price posted a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 70%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Papua New Guinea ($62,297 per ton) and New Zealand ($62,130 per ton), while the average price for exports to the Netherlands ($62,114 per ton) and Canada ($62,130 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Australia

In 2022, after three years of growth, there was decline in supplies from abroad of pharmaceutical goods; appliances identifiable for ostomy uses, when their volume decreased by -3.8% to 704 tons. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 9.9% against the previous year.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses contracted slightly to $43M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year.

Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Australia in 2022:

1. United Kingdom (212.1 tons)
2. Hungary (126.5 tons)
3. Denmark (107.6 tons)
4. United States (102.6 tons)
5. Ireland (68.6 tons)
6. Dominican Republic (21.0 tons)
7. France (15.9 tons)

Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Australia

In 2022, approx. 18 tons of pharmaceutical goods; appliances identifiable for ostomy uses were exported from Australia; which is down by -44.8% compared with the year before. In general, exports showed a pronounced setback. The pace of growth appeared the most rapid in 2021 when exports increased by 114% against the previous year. As a result, the exports attained the peak of 33 tons, and then fell markedly in the following year.

In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses shrank significantly to $1.1M in 2022. Over the period under review, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2021 when exports increased by 82% against the previous year. As a result, the exports reached the peak of $1.7M, and then dropped sharply in the following year.

Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Australia in 2022:

1. New Zealand (12.5 tons)
2. Canada (3.7 tons)
3. Netherlands (1.5 tons)
4. Ireland (0.1 tons)

Source: IndexBox Market Intelligence Platform