Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Finland - 2023
Contents:
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Finland (CIF) - 2023
- Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Finland (FOB) - 2022
- Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Finland
- Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Finland
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Finland (CIF) - 2023
The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $124K per ton in November 2023, remaining stable against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in May 2023 an increase of 13% against the previous month. Over the period under review, average import prices hit record highs in November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($171K per ton), while the price for the UK ($88,871 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Finland (FOB) - 2022
The average export price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $97,451 per ton in 2022, surging by 255% against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth was the most pronounced in 2013 an increase of 453% against the previous year. The export price peaked at $164,357 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +20.6% per year.
Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Finland
In 2022, approx. 140 tons of pharmaceutical goods; appliances identifiable for ostomy uses were imported into Finland; picking up by 30% against 2021 figures. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 146% against the previous year. As a result, imports attained the peak of 195 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses soared to $15M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. As a result, imports reached the peak of $15M; afterwards, it flattened through to 2022.
| Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 3.8 | 4.8 | 6.9 | 34.8% |
| Germany | 0.5 | 3.6 | 5.3 | 6.7 | 137.5% |
| United Kingdom | 0.7 | 0.7 | 1.0 | 1.1 | 16.3% |
| Dominican Republic | 1.3 | N/A | N/A | 0.1 | -57.5% |
| Hungary | 4.1 | N/A | N/A | N/A | 0% |
| Ireland | 1.3 | 0.2 | N/A | N/A | -84.6% |
| Sweden | N/A | 6.0 | N/A | N/A | 0% |
| Denmark | 1.9 | 0.5 | 0.5 | N/A | -48.7% |
| Others | 1.5 | N/A | N/A | N/A | 0% |
| Total | 11.5 | 14.8 | 11.6 | 14.8 | 8.8% |
Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Finland in 2022:
- Netherlands (78.4 tons)
- Germany (47.0 tons)
- United Kingdom (13.4 tons)
- Dominican Republic (1.1 tons)
- Denmark (0.1 tons)
Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Finland
In 2022, after two years of decline, there was significant growth in shipments abroad of pharmaceutical goods; appliances identifiable for ostomy uses, when their volume increased by 8,367% to 1 tons. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses surged to $99K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 98.3 | 0% |
| Netherlands | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 0.4 | 2.1 | 0.1 | 0.4 | 0.0% |
| Total | 0.6 | 2.3 | 0.3 | 99.0 | 448.5% |
Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Finland in 2022:
- Russia (1004.0 kg)
- Netherlands (11.0 kg)
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